The following are the financial reports that are usually found in Full Costing The calculation of the cost of production using the full costing method is done by making a financial report consisting of the following Sales Results Amount money earned by the company from the sale of the companys products. Cost of ProductionSales Basic price per unit of productionsale of an item Gross Profit.
The company gets gross profit which comes from sales profits but has Sri Lanka Phone Number not been reduced by the companys costsexpenses. To get gross profit you can get it by calculating the difference between sales proceeds and the cost of productionsales. Net Profit Profit obtained financially by calculating the difference between the gross profit previously obtained and the total amount of variable.
Marketing costs which have been multiplied by product units sold fixed marketing costs variable general and administrative costs and fixed general and administrative costs Variable Marketing Costs Money spent on marketing variables for a product by a company. Fixed Marketing Costs Companies spend money to market a product in a fixed or unchanging amount.