(total - cost)
21Cost of Goods Available for Sale — is the maximum amount of goods, or inventory, that a company can possibly sell during this fiscal year. It have the formula:Beginning Inventory (at the start of this year)+ Purchases (within this year)+ Production (within this year)= Cost of… …
22Cost of goods available for sale — is the maximum amount of goods, or inventory, that a company can possibly sell during this fiscal year. It has the formula: Beginning Inventory (at the start of this year)+ purchases (within this year)+ Production (within this year)= cost of… …
23Cost per conversion — is an advertising and marketing term, describing the cost of acquiring a customer, typically calculated by dividing the total cost of an advertising campaign by the number of conversions. The definition of conversion varies depending upon the… …
24direct labour total cost variance — The combination of the direct labour rate of pay variance and the direct labour efficiency variance; it compares the actual cost and the standard cost of the direct labour incurred in carrying out the actual production. The formula for this… …
25direct materials total cost variance — A combination of the direct materials price variance and the direct materials usage variance; it compares the actual cost and the standard cost of the direct material consumed in carrying out the actual production. The formula for this variance… …
26Total benefits of ownership — (TBO) is an expression as opposed to total cost of ownership (TCO).The TBO tries to summarize positive effects on acquisition of new computer components. These effects might be increases in high value work, improvements in accuracy and efficiency …
27Long-Run Average Total Cost - LRATC — A business metric that represents the average cost per unit of output over the long run, where all inputs are considered to be variable. Long term unit costs are almost always less than short term unit costs because in a long term time frame,… …
28cost of borrowed funds — total cost of taking out a loan (including interest and commission) …
29Cost curve — In economics, a cost curve is a graph of the costs of production as a function of total quantity produced. In a free market economy, productively efficient firms use these curves to find the optimal point of production (minimising cost), and… …
30Cost accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
