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Definition of SELLING EXPENSES
What was spent to run the sales part of a company, such as sales salaries, travel, meals, and lodging for salespeople, and advertising.
Costs incurred by insurance companies in signing new policies, including expenditures on commissions and other selling expenses, promotion expenses, premium
expenses that have to be recorded in order for the financial statements to be accurate. Accrued expenses usually do not involve the receipt of an invoice from the company providing the goods or services.
The account that records the short-term, noninterest-
For investment companies, the management fee and "other expenses,"
The costs incurred in buying, making or producing goods and services.
Costs involved in running the company.
Cost of doing business which does not change with the volume of business. Examples might be rent for business premises, insurance payments, heat and light.
expenses or costs that remain the same in amount,
What was spent to run the non-sales and non-manufacturing part of a company, such as office salaries and interest paid on loans.
The total amount that was spent to run a company this year.
The amount of money the company must spend on overhead, distribution, taxes, underwriting the risk and servicing the policy. It is a factor in calculating premium rates.
The price at which profit is maximized, which takes into account the cost behaviour of fixed and variable costs and the relationship between price and demand for a product/service.
expenses that have been paid for but have not yet been used up; examples are prepaid insurance and prepaid rent.
Operating expenses that vary in proportion to
All banks involved in selling or marketing a new issue of stock or bonds
Selling price variance
The difference between the actual and budgeted selling price for
If an investor thinks the price of a stock is going down, the investor could borrow the stock from
Establishing a market position by selling a security one does not own in anticipation of the price
expenses that vary in close proportion to changes
Those that vary with the amount of goods you produce or sell. These may include utility bills, labor, etc.
expenses that change with changes in either sales volume
Earnings before interest and taxes (EBIT)
A financial measure defined as revenues less cost of goods sold
a separation of costs into groups based on the similar reason for their incurrence; it includes
The net proceeds (after taxes and expenses) of selling the assets
Net Realizable Value
selling price of an asset less expenses of bringing the asset into a saleable state and expenses of the sale.
A general term referring to period costs, such as selling, administration and financial expenses.
The profit made by the business for an accounting period, equal to gross profit less selling, finance, administration etc. expenses, but before deducting interest or taxation.
The profit per unit sold of a product after deducting product
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