What are costs?

Costs The firm incurs a variety of cost when it produces and we bout these in various ways. One way is to split them into unyielding cost and variable cost: ·Fixed cost - these be costs that do non metamorphose as the level of put across varies. These include such things as rent, business rates and warrantor costs. ·Variable costs - these are costs that do deviate as output varies and so will include things capable raw materials, labour costs, energy costs and so on. another(prenominal) really same way to split costs is into count costs and indirect costs: ·Direct costs - these are similar to variable costs, and are costs that can be presently attributed to the intersection of each unit of the good. This will therefrom be things worry the cost of the raw materials, the packaging, the labour cadence that went into the production (if that can be clearly identified) and so on. · verificatory costs - these are more commonly known in manage as overheads, and are general costs that are not specifically related to the product. They may be things like merchandise and distribution costs, the cost of secretarial staff, the cost of the set forth (rent and so on) and general bills like phone bills. If you want to queer a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper