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2. Cost of goods sold - Wikipedia

   en.wikipedia.org/wiki/Cost_of_goods_sold

   e. Cost of goods sold (COGS) is the carrying value of goods sold during a particular period. Costs are associated with particular goods using one of the several formulas, including specific identification, first-in first-out (FIFO), or average cost. Costs include all costs of purchase, costs of conversion and other costs that are incurred in ...

3. Total cost of ownership - Wikipedia

   en.wikipedia.org/wiki/Total_cost_of_ownership

   Total cost of ownership (TCO) is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or service. It is a management accounting concept that can be used in full cost accounting or even ecological economics where it includes social costs. For manufacturing, as TCO is typically compared with ...

4. Cost-plus pricing - Wikipedia

   en.wikipedia.org/wiki/Cost-plus_pricing

   Cost-plus pricing is a pricing strategy by which the selling price of a product is determined by adding a specific fixed percentage (a "markup") to the product's unit cost. Essentially, the markup percentage is a method of generating a particular desired rate of return. [1][2] An alternative pricing method is value-based pricing.

5. Markup (business) - Wikipedia

   en.wikipedia.org/wiki/Markup_(business)

   Markup (business) Markup (or price spread) is the difference between the selling price of a good or service and its cost. It is often expressed as a percentage over the cost. A markup is added into the total cost incurred by the producer of a good or service in order to cover the costs of doing business and create a profit. The total cost ...

6. Value-based pricing - Wikipedia

   en.wikipedia.org/wiki/Value-based_pricing

   Value-based pricing. Value-based price, also called value-optimized pricing or charging what the market will bear, is a market-driven pricing strategy which sets the price of a good or service according to its perceived or estimated value. [1] The value that a consumer gives to a good or service, can then be defined as their willingness to pay ...

7. Gross margin - Wikipedia

   en.wikipedia.org/wiki/Gross_margin

   Gross margin, or gross profit margin, is the difference between revenue and cost of goods sold (COGS), divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold (e.g., production or acquisition costs, not including indirect fixed costs like office ...

8. Want to Sell Anything Online? Check Out These Business Plan ...

   www.aol.com/want-sell-anything-online-check...

   Annual Budget: What is the annual budget required to run the business?Example: "Annual operating cost is projected at $120,000."Total Cost: The overall annual cost.Example: "$120,000."Budget ...

9. Pricing - Wikipedia

   en.wikipedia.org/wiki/Pricing

   Pricing is the process whereby a business sets the price at which it will sell its products and services and may be part of the business's marketing plan. In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and ...