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Costs - Business English Vocabulary Exercise - ANSWERS

By

  • fixed
  • variable
  • labor
  • advertising
  • distribution
  • storage
  • manufacturing operating

  • Worker and staff employment costs labor costs
  • Total costs for production of all products manufacturing costs
  • Day to day cost of running a business operating costs
  • Non-changing costs such as rent, lighting, heating, etc. fixed costs
  • Changing costs of employment, raw materials, etc. based on rate of production variable costs
  • Costs related to encouraging consumers to buy a product advertising costs
  • Costs related to keeping goods in warehouses or other locations storage costs
  • Costs related to delivering goods to points of sale distribution costs

Continue to the next quiz focusing on assets and liabilities.

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