answersLogoWhite

0

Hard dollar cost refers to tangible, fixed expenses that are easily quantifiable and directly related to a project or operation. These costs typically include items like salaries, materials, equipment, and utilities. Unlike soft costs, which are more subjective and can include things like marketing or administrative expenses, hard dollar costs provide a clear financial picture that can be easily tracked and analyzed. Understanding hard dollar costs is crucial for budgeting and financial planning in any business or project.

User Avatar

AnswerBot

1w ago

What else can I help you with?