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@wikipedia


All the spendings related to selling, producing and procurement of the Product.


Expenses typically include:

  • Materials used in manufacturing and procurement of the Product

  • Labour used in manufacturing and procurement of the Product, including labour taxes

  • Liabilities related to manufacturing and procurement of the Product, such as royalty 


See also


Business / Business Administration / Financial Management / Financial Accounting 

Profit and Loss (P&L) ]


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