The cost means the expenses deducted from income in part time period that one of the tasks performed. Costs can be divided into 3 categories as follows:1. cost of goods sold (Cost of sales) means the cost of goods sold or services, That is, in order to sell the purchase cost of goods sold will include the purchase price and other costs that are necessary so that the item is in a ready-to-sell. The section in the production to the sales cost of goods sold is the cost of production of the goods, which contain raw materials. Labor and manufacturing overhead.2. operating expenses (Operating expenses) means the expenses arising from the sale of goods or services and expenses that arise due to the perfect administrative overview of operations.3. other expenses (Other expenses) means the expenses, in addition to the classified as cost of sales and operating expenses, such as interest paid income tax.The costs for businesses selling goods to contain the cost of goods sold operating expenses, and other expenses. For business sales expense service will contain operating costs and other expenses only.
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