Unit Sales

  

Categories: Company Management

How many units did you sell? You know that sales were $10 million in the quarter. Those mugs-with-swear-words-on-them had an average cost of 5 bucks each; you sold them for an average wholesale price of 10 bucks a pop. So you sold 100,000 units.

That's it. Unit sales: 100,000. Easy.

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Cost Accounting: What is a Cost: Cost Ve...1 Views

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And finance Allah shmoop what is a cost as in

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a cost versus and expensive Shmoop think about life as

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a grand tradeoff You decided Teo really go for it

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and fulfill your dream of becoming a figure skater for

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your shining fifteen minutes of fame in the Olympics and

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a few years of you know Disney on Ice afterwards

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And that well you spent eighty hours a week for

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a decade on the better part of your youth on

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the ice spinning and twirling and doing that infinity thing

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From age eight to twenty you spent the most precious

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resource You had time dedicated to the mission of winning

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an Olympic gold medal being the best skater you could

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be and pretty much ignoring everything else While that time

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the time you spent skating was a cost you had

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a precious resource your time and you spent it all

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pretty much on the ice You could have spent the

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same amount of time learning how to code in Java

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or C plus plus and or swift If you like

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doing the iPhone app that's the language they use Or

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you could've spent it mastering chemistry and biology and a

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mission to cure cancer Or you could have spent it

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mastering the meaning of the meaning of the meaning of

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things and been a lawyer defending the rights of the

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poor the downtrodden and the innocent But no you spent

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your resource is on the ice Big cost They're hoping

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for audience applause and some kind of satisfaction for having

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landed on your feet Well that allocation of your precious

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resource your time was a cost What's the ultimate cost

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opportunity cost Yeah like you for went the opportunity of

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being a cancer cure or a defender of the poor

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the downtrodden or ah the next Mark Zuckerberg to instead

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be skater So cost is a sacrifice of resource is

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cost is a philosophy and event not necessarily even tracked

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It's kind of a commitment to one thing over another

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right So that's cost on what's expense Well not nearly

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so Pete Those laden inhuman in a kind of sad

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are hopefully revenues Teo upset it expenses Just a line

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item on an income statement with numbers It's not where

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dreams go to die Or uh maybe just held out

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