Business Studies, asked by tswatibajnand, 1 year ago

cost of packaging being borne by the consumer/manufacturer and its effects

Answers

Answered by rahulragini
47
Packaging cost is a very important factor in today's business as the producer/manufacturer tries to make it eye-catching and durable. Hence, it sometimes turns out to be quite expensive. This erodes the profit margin of the producer/manufacturer, if it were to absorb the extra cost. On the other hand, the price gets inflated if the producer/manufacturer passes this cost on to the consumer by building it into the selling price. Therefore, a fine balance has to be struck in selecting the packaging and in the accounting treatment of the cost.
Answered by vchilongo
11

Let me help in this.

The packaging process is among the final activities. acted upon the products before reaching the consumers.

Packaging impacts the legitimacy of the products and therefore the product should be packaged in the containers that are well labeled with marks that shows the product is legit and ready for consumption

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