Costs in a marketing company
26 November 2008 - 20:44
When one is a marketing company (company dedicated to the purchase and sale of products), the usual thing is to only denominate costs to the Costs of Acquisition, that is to say, the costs conformed by the value of the merchandizes that are bought, as well as to the payments related to this purchase, such as loads, insurances, rights of import, etc.
As we have seen previously, the accounting of costs does not have a method or standard system, but the company adapts the method or system that more is suitable according to its needs or objectives to him.
We see next an example of how to apply the accounting of costs in a marketing company:
We suppose that we initiated operations with a beginning inventory of 30 televisions with a cost of $100 each, soon we bought 10 televisions to $100 each, and later we sell 5 televisions to $300 each. If we have operative expenses of $400 (administrative expenses: $100 and expenses of sales: $300), which would be our net utility?
The Earnings statement would be:
| Sales | 1500 (300 xs 5) |
| (-) Cost of Sale | 500 (100 xs 5) |
| Gross utility | 1000 |
| (-) Adm Cost. | 100 |
| (-) Cost Sales | 300 |
| Net utility | $90 |
When the merchandize that is acquired has different values from sale, for example, that the televisions of the beginning inventory are of $/,100, but the 10 which they were bought are of $/. 120, in that case it is not possible to find the exact Cost of Sale, because the unit cost of a television varies, in that case we must find an average average.
If we removed average average:
30 televisions x 100 = 3000
10 televisions x 120 = 1200
Total cost = 4200
Unit cost average: 4200/40 = $105
The new Earnings statement would be:
| Sales | 1500 (300 xs 5) |
| (-) Cost of Sale | 525 (105 xs 5) |
| Gross utility | 975 |
| (-) Adm Cost. | 100 |
| (-) Cost Sales | 300 |
| Net utility | $575 |
Labels: Accounting, Costs, Finances
Compártelo
Related contents:
- Costs in an industrial company
- Costs in a company on watch
- The accounting of costs
- The balance point
- How to make a Earnings statement
I need that they alquien helps me with the accounting (exercise) of the patrimony of the legal people…. thanks
Fabricio, to determine sale prices, is not used the balance point, it is used costs, that is to say, of finding the costs of the product and of increasing the margin to him of gain that is wanted to obtain.
But the usual thing in the type of business that you mention, to determine prices, is to be based on the prices average of the market, that is to say, to take like reference the prices from products from the other competitors.
hello I am in favor of habrir kiosco and need to know how as to determine the sale price considering the product variation to sell like determining my point of balance
tendria that to make a point of balance by each product?