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ell obj 2.01

ell

TermDefinition
Administrative cost Expenses an organization incurs that are not directly tied to a specific function such as manufacturing, production or sales
Benefits Advantages or payments employees receive in addition to their wages (e.g., sick time, holiday pay, health insurance).
Cost of production The total amount of money spent on cost of materials, labor taxes, etc., to manufacture economic goods and services
Costs of sales The amount of money a business has paid for the product (good or services) it has sold.
costs The expenses involved with manufacturing, promoting, and distributing a product
Professional Fees Prices charged by individuals specially trained in specific feilds of arts and sciences
Sales and Marketing Costs
Start-up costs
technology cost
wages Operating expenses
Operating expenses
fixed costs
variable costs
semi-variable costs
gross profit
break-even point
Created by: jorge.115s
Popular Business sets

 



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