costs of sales
11cost of sales — COS The *direct costs of a product sold. Cost of sales includes *raw material costs, and costs directly attributable to production, but it excludes nonproduction *overheads. The *gross income of an item is calculated as its revenue less cost of… …
12Quality costs — The concept of quality costs is a means to quantify the total cost of quality related efforts and deficiencies. It was first described by Armand V. Feigenbaum in a 1956 Harvard Business Review article.[1] Prior to its introduction, the general… …
13Repeat Sales — A purchase made by a consumer that replaces a previous purchase that has been consumed. Repeat sales often play a role in brand loyalty. If a consumer purchases and is happy with a particular brand of automobile, for example, he or she may… …
14Deferred Acquisition Costs — (DAC) is a term commonly used in the insurance business. It describes the practice of deferring the cost of acquiring a new customer over the duration of the insurance contract. Insurance companies face large upfront costs incurred in issuing new …
15variable costs — the costs additional to fixed costs of running a business, that can vary depending on the level of demand and activity. Glossary of Business Terms * * * A cost which varies with the volume of production or sales, such as the cost of raw… …
16environmental costs — The costs of making sure that a company s activities do not damage the environment or that any such damage is put right. There are many types of environmental costs and these are often difficult to identify as they are hidden in overheads.… …
17environmental costs — The costs of making sure that a company s activities do not damage the environment or that any such damage is put right. There are many types of environmental costs and these are often difficult to identify as they are hidden in overheads… …
18Complex sales — Complex sales, also known as Enterprise sales, can refer to a method of trading sometimes used by organizations when procuring large contracts for goods and/or services where the customer takes control of the selling process by issuing a Request… …
19Enterprise-Value-To-Sales - EV/Sales — A valuation measure that compares the enterprise value of a company to the company s sales. EV/sales gives investors an idea of how much it costs to buy the company s sales. This measure is an expansion of the price to sales valuation, which uses …
20Deferred Acquisition Costs - DAC — Typically used in the insurance industry, this is when a company defers the sales costs that are associated with acquiring a new customer over the term of the insurance contract. Most of the sales costs arise from referral commissions to external …
