What is the cost?

Answer 1

There are two principles towards cost. 1) Business and 2)Final consumer cost all are affected by fixed expense and variable expenses. Fixed expenses are items that do not increase and remain a stable rate. While variable expenses fluctuate constantly either low or high pending demand, or other conditions.

In Business cost this is all the expenses that make a finished good or services.

-Business are affected by fixed and variable expenses - labor, raw materials and overhead such as utilities and etc. The common variable expense as consumers are fluctuating fuel prices and other items where some final valuations change - it too can change pending the buying terms if set into interest or loans per buying increasing cost.

In Consumer costs it's all the expenses incur towards the consumers final cost to buy the product.

-Consumer costs are marked up beyond the actual cost of the product via shipping, distribution, taxes, profit mark-ups and interest if items are purchased on credit.

Cost Accounting

In accounting determining actual costs and measuring means to decrease expenses and maintain competitive pricing. Or measure where costs increase due to identifying insufficient means of production, distribution and valuation. All is dependent upon identifying expenses, managing expenses and determine the final valuation is an appropriate cost that enables profit and suitable market price for consumers matching their buying power limitations.

Answer 2

cost of dentures

WHAT IS THE COST