Below please find a definition of “Incremental Cost” Incremental Cost: The additional expenditures that are incurred by a company due to any specific action are termed as incremental costs. For example it was necessary for a company to buy new
Below please find a definition of “Fixed Cost” Fixed Cost: A cost that is not affected by the variation of a business volume is termed as fixed cost. It is typical for a company to have varying expenditures for items
Below please find a definition of “Cost of Sales” Cost of Sales: Cost of Sales is also often termed as Cost of Goods Sold. It refers to the cost of those particular goods that have been sold over a particular