Stock Photo: Total Cost Is The Sum Of Expenses A Company Needs To Manufacture A Specific Level Of Output. I
ID 297715405 © Innuasha84 | Megapixl.com
Total cost is the sum of expenses a company needs to manufacture a specific level of output. It's a total of fixed and variable costs, calculating which helps product managers evaluate their overall profit margin.
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total cost expenses company manufacture level output fixed variable calculation product managers evaluate profit margin analysis budget pricing investment expenditure assessment computation costing measurement accounting revenue control allocation breakdown management efficiency optimization forecasting strategy overhead valuation markup costbenefit productivity determination planning decisionmaking projection estimation breakeven costeffectiveness structure
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