My question regarding cost point of view?
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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 ……
1 reply
Oldest first- 0Mike Testro ·
Hi Irfan In my experience you
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
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