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If your party is shipping you goods on an FOB incoterm, then the regular costs like import taxes, bank charges (wire-transfers), third party charges like an export trading company charges cannot be included. Operative word is FOB - Free on Board.
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Is there a formula for calculating landed costs?
Yes, take all of your extra costs (i.e. shipping, box charges etc.) and divide that number by your total invoice amount.
When a business is calculating its operating costs what must it include?
Variable costs.
When a business is calculating its operating costs it must include .?
Variable costs.
What is the formula for calculating profit per cent?
It is 100*profit/costs.
What must a business include when calculating its operating cost?
Variable costs.
When talking about shipping costs What is a Free house charge?
The costs after the package has landed in the destination country. Delivery to the final destination.
A difficult problem in calculating the total costs and expenses of a department is?
Assigning indirect expenses to the department
Are sunk costs easy to spot and are they simply the fixed costs associated with a decision?
Sunk costs are costs that have been incurred that cannot be reversed. For example, if you owned a car and payed for repairs that were not refundable and were deciding whether or not to purchase a new car, you would not consider the repair costs in your decision because those costs have already been made and you cannot receive the money back. You would only consider the costs that you may incur in the future when making your decision whether or not to purchase another car. Sunk costs are not considered in your decision.
How do you calculate recruitment costs?
Recruitment costs are calculated based on the rate of retention. If you have to do a lot of advertisement to get people to apply for a job, this also goes into calculating recruitment costs. Add total costs and divide by the number of new hires who stay for one year. This equals your recruitment costs per employee.
What has the author Anthony Bottomley written?
Anthony Bottomley has written: 'Calculating unit costs in Francophonic universities' 'The economics of irrigation in Baluchistan'
Why many information technology professionals have a poor attitude toward project cost management and how this attitude might affect the poor track record for completing projects within budget?
You want an excuse why the geeks say your project was over budget? Tech guys and gals don't understand the nuances involved in calculating costs, particularly indirect costs; so many projects get assigned costs on a pro rata basis that properly should be considered direct costs of another project.
How many types of cost?
There are variable and fixed costs. Businesses can manipulate the variable costs, but they cannot change their fixed costs in business.
