In business, when you decide to invest in a product, you need to have the cost price in mind in order to set the selling price of your product. What do we know about costing? Read this article to find out.
what is costing?
Whether your company is a production firm, has trading and/or service activity, the cost price is a rather crucial value for its existence. It represents all direct and indirect charges, fixed costs (production costs, administrative costs) incurred by a company in the producti...