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My question regarding cost point of view?

1 reply [Last post]
Irfan Khan
User offline. Last seen 27 weeks 4 days ago. Offline
Joined: 19 Jul 2009
Posts: 138

 

I would like to know or any definition as follows:

1 – Dry Cost

2 – Mark up

3 – Benefit of Profit

4 – Selling Cost

Because I joined a meeting before couple of week there they were discussing on these topics so in this regard I would like to clear my concept.

 

Thanks in advance ……

Replies

Mike Testro
User offline. Last seen 36 weeks 6 hours ago. Offline
Joined: 14 Dec 2005
Posts: 4418

Hi Irfan

In my experience you will never loose face if you ask for any clarification at a meeting.

It means that you are paying attention and are making a meaningful contribution.

Meanwhile:

1. Dry Cost - I have no idea - maybe Net Cost

2. Mark Up - the percentage added to cover profit and overheads and any risk factor

3. Benefit of Profit - Weird expression - could be Net Profit

4. Selling Cost - Could be the cost of Marketting or the Selling Price or anything else.

Best regards

Mike Testro