those costs that are based only on professional services

forms of pay other than salary or wages

a financial gain, esp. the difference between the amount earned and the amount spent in buying, operating, or producing something

Sales are also referred to as revenue.

All executive, organizational, and clerical costs associated with the general management of an organization rather than with manufacturing or selling

computer hardware and software, cellphones, printers, internet, IT support

Costs that do not vary with the quantity of output produced

the point at which the costs of producing a product equal the revenue made from selling the product

Major investments in either tangible long-term assets such as land, buildings, and equipment or intangible assets such as patents, trademarks, and copyrights.

setting prices based on the costs of producing, distributing, and selling the product plus a fair rate of return for effort and risk

An amount of money paid to an employee at a specified rate per hour worked

= net sales - cost of goods sold

Costs involved in operating a business, such as rent, utilities, and salaries

the amount of variable costs that apply to one unit

a strategy of setting prices primarily based on a consumer's perceived value of a product or service

costs & expenses = sales revenue

a calculation of the monetary value of an investment versus its cost

costs required to obtain customer orders and provide customers with finished products, including advertising, sales commissions, and shipping costs

Costs that vary somewhat based on the number of units you sell

the amount added to the cost of merchandise to establish the selling price

costs that vary with the quantity of output produced

primary source of revenue for a merchandising company