Question

What do you understand by selling costs?

Answer 1

selling expenses are the costs associated with distributing,marketing and selling a product or service.They are one of three kinds of expense that make up a company's operating expenses.

Answer 2

The selling costs mean expenditure related to the company to sell their products in the market.

What are the characteristics of selling costs?

• The costs which are decided by the producer to gain profit by selling it in the market
• The producer advertise and promote their product before selling it
• These costs contain salaries and allowance of sale person and advertisement costs
• It also contains all expenditures and these costs are used for the demand of the product
• The transport costs are not included in the selling cost