Keyword Analysis & Research: cost

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Frequently Asked Questions

What is the formula for cost?

The total cost formula is used to derive the combined variable and fixed costs of a batch of goods or services. The formula is the average fixed cost per unit plus the average variable cost per unit, multiplied by the number of units.

Is cost a verb?

verb costs, costing or cost. (tr) to be obtained or obtainable in exchange for (money or something equivalent); be priced atthe ride cost one pound. to cause or require the expenditure, loss, or sacrifice (of)the accident cost him dearly.

How do you calculate cost price?

Use the following formula to calculate sales price: Sales Price = Cost X Markup Percentage + Cost = $100 X 25% + $100 = $125. As with most things, there are good and bad things about using markup percentage.

Is the cost reasonable?

A reasonable cost is a cost properly charged to a Federal grant or cooperative agreement that does not exceed what a prudent person would pay under similar circumstances.

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