Variable Cost vs. Fixed Cost: What’s the Difference? 变动成本和固定成本:有什么区别? Variable Cost vs. Fixed Cost: An Overview 变动成本与固定成本:概述 In economics, variable costs and fixed costs are the two main costs a company has when producing goods and services. A variable cost varies with the amount produced, while a fixed cost remains the same no matter how […]
How Are Cost of Goods Sold and Cost of Sales Different?
How Are Cost of Goods Sold and Cost of Sales Different? 销货成本和销售成本有什么不同? Companies refer to either the cost of goods sold (COGS) or the cost of sales on the income statement, or in some cases both, leading to some confusion for investors about the meaning and implication of the two terms. However, fundamentally, there is […]
Cost Accounting & Cost Control
Cost Accounting & Cost Control 成本会计与成本控制 Accounting provides business-related information to the owner, the management, and the employees of the company as well as to the government, creditors, investors, and customers. 会计向所有者、管理层、公司员工以及政府、债权人、投资者和客户提供与业务相关的信息。 Financial accounting is based on actual past and cost accounting is based on planning and controlling. Preparation of budget is a part of […]