cost price

What you paid

Cost price is what a seller paid to acquire or produce something, before any markup for profit.

It's the baseline figure used to calculate margins and set retail prices.

The store's cost price on that jacket was $40, but they sold it for $80.

In accounting and business contexts, cost price may include not just the purchase amount but also shipping, handling, and other expenses incurred in getting goods ready for sale.

commerce

markup

Added percentage for profit

procurement · resale value · break-even · profit margin

accounting

book value

Asset minus accumulated depreciation

inventory

stock valuation

Assessing company share worth

  • FIFOEarliest in, earliest out
  • LIFOReverse-order processing method
  • shrinkageDecrease in size

write-down · obsolescence

Categories
Opposites
pricing perspective

cost priceselling price

What an item costs

sale price · retail price · asking price · list price · sticker price

profit relationship

cost priceprofit margin

Revenue exceeding costs ratio

gross profit · retail markup · full price

Family

cost, price, costs, costing, costly, costliness, prices, priced, pricing

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Top 200,000
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Used worldwide · Timeless · Everyday, not technical · Rated G