What factors are included in the cost of sale a... - JSS2 Business studies Market II Question
What factors are included in the cost of sale, and why is it important for businesses to calculate it accurately?
The cost of sale includes all expenses incurred in the process of selling a product or service, such as production costs, marketing expenses, distribution fees, and transaction fees. It is important for businesses to calculate it accurately to determine profitability and set appropriate pricing strategies.
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