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"Cost in place" refers to the total expense incurred to bring a product or service to its current location, ready for use. This concept includes not only the purchase price but also transportation, handling, installation, and any other associated costs. It helps businesses assess the true cost of acquiring and utilizing resources effectively. Understanding cost in place is crucial for budgeting and financial planning.
What else can I help you with?
What do you mean by Average Cost System?
average cost?
What is an antonym for cost?
Repayment, retribution, or advantage. Those words mean cost.
Inflation distorts relative prices. What does this mean and why does it impose cost to consumers?
Inflation distorts relative prices. What does this mean and why does it impose a cost on society?
What does economic impacts mean?
something to do with cost
What is the cost of your program?
If you mean this site-none
Why product cost is also called inventoriable cost?
Product cost is also called inventoriable cost because the two terms mean the same thing. These terms mean the cost of manufacturing or buying the product, plus whatever the cost of getting the product ready and in place for sale.
Does marginal profit and selling price mean the same thing?
Only if it cost you nothing in the first place. Profit is selling price less cost.
What is the 3 P's in business and what do they mean?
the four p's are price, place, product and promotion: price is the cost they are selling it for; place is where they are sold; product is the atual item and promotion is how they sell it!
What does cost mean in science?
cost mean i need the answer pleas
How much does it cost for teens to learn ballet?
The cost varies from place to place, but it can get quiet expensive.
Type of cost?
There is two things that mean cost. Cost can mean the pricing of something or it can me someone is paying the cost for doing something.
What do you mean by elements of cost?
It is cost of an element.
What does community cost mean?
cost for communities
What does adjusted total cost mean?
what does adjusted total cost,in stock report mean
How much does a ticket cost for running a red light in Florida?
Well it cost me 262.00 dollars
How much do but implant cost?
Depending on the place here it cost 6,000
What does expense mean?
It means it is worth a lot.
