prime cost; initial cost

简明释义

初级成本

英英释义

Prime cost refers to the total direct costs of production, including raw materials and labor directly involved in manufacturing a product.

主成本是指生产的总直接成本,包括原材料和直接参与制造产品的劳动力。

Initial cost is the total expense incurred at the beginning of a project or investment, covering all initial expenditures necessary to start an operation.

初始成本是指在项目或投资开始时发生的总费用,包括启动运营所需的所有初始支出。

例句

1.Understanding the prime cost 原材料成本 helps businesses manage their budgets effectively.

了解原材料成本有助于企业有效管理预算。

2.Before we set the selling price, we need to calculate the initial cost 初始成本 of the project.

在我们设置售价之前,需要计算项目的初始成本

3.The prime cost 原材料成本 of producing this furniture includes wood and labor expenses.

生产这件家具的原材料成本包括木材和人工费用。

4.To improve profitability, we need to reduce our prime cost 原材料成本 by sourcing cheaper materials.

为了提高盈利能力,我们需要通过寻找更便宜的材料来降低我们的原材料成本

5.The initial cost 初始成本 of starting a restaurant can be quite high due to equipment and lease.

开一家餐厅的初始成本可能会很高,因为需要购买设备和租赁场地。

作文

In the world of business and finance, understanding the concept of prime cost; initial cost is crucial for effective budgeting and financial planning. The term prime cost; initial cost refers to the direct costs associated with the production of goods or services. This includes expenses such as raw materials, labor, and manufacturing overhead that are directly tied to the creation of a product. By accurately calculating these costs, businesses can determine their pricing strategies, assess profitability, and make informed decisions about production processes.To illustrate the importance of prime cost; initial cost, consider a small bakery that produces cakes and pastries. The owner must account for the cost of flour, sugar, eggs, and other ingredients used in baking, as well as the wages paid to employees who prepare and sell the products. These expenses constitute the prime cost; initial cost of running the bakery. If the owner fails to accurately track these costs, they may inadvertently set prices too low, leading to financial losses.Moreover, understanding prime cost; initial cost helps businesses identify areas for cost reduction. For instance, if the bakery discovers that the cost of certain ingredients is significantly higher than expected, they might seek alternative suppliers or negotiate better rates. This proactive approach can enhance profitability and ensure the sustainability of the business.In addition to aiding in budgeting, the concept of prime cost; initial cost plays a vital role in financial reporting. Investors and stakeholders often analyze a company's prime cost; initial cost when evaluating its financial health. Companies with lower prime costs relative to their sales revenue are generally considered more efficient and profitable. Therefore, maintaining a clear understanding of these costs is essential for attracting investment and fostering growth.Furthermore, the significance of prime cost; initial cost extends beyond individual businesses. On a larger scale, it impacts entire industries and economies. For example, fluctuations in raw material prices can affect the prime cost; initial cost across various sectors, influencing market trends and consumer behavior. When production costs rise, businesses may pass these increases onto consumers, leading to higher prices and potentially reduced demand.In conclusion, the concept of prime cost; initial cost is fundamental to the success of any business. It encompasses the direct expenses involved in producing goods or services and serves as a critical factor in pricing, budgeting, and financial analysis. By effectively managing and understanding their prime cost; initial cost, businesses can enhance their profitability, attract investment, and contribute to the overall health of the economy. Therefore, entrepreneurs and managers must prioritize a thorough understanding of these costs to ensure their ventures thrive in a competitive marketplace.

在商业和金融的世界中,理解初始成本;主要成本的概念对于有效的预算和财务规划至关重要。术语初始成本;主要成本指的是与生产商品或服务直接相关的费用。这包括与产品制造直接相关的原材料、劳动力和制造间接费用等支出。通过准确计算这些成本,企业可以确定其定价策略、评估盈利能力,并就生产过程做出明智的决策。为了说明初始成本;主要成本的重要性,我们考虑一个小型面包店,该店生产蛋糕和糕点。店主必须计算用于烘焙的面粉、糖、鸡蛋和其他成分的成本,以及支付给准备和销售产品的员工的工资。这些费用构成了经营面包店的初始成本;主要成本。如果店主未能准确跟踪这些成本,他们可能会不小心设定过低的价格,从而导致财务损失。此外,理解初始成本;主要成本有助于企业识别减少成本的领域。例如,如果面包店发现某些原材料的成本远高于预期,他们可能会寻找替代供应商或谈判更好的价格。这种主动的方法可以提高盈利能力,并确保企业的可持续发展。除了帮助预算外,初始成本;主要成本的概念在财务报告中也起着至关重要的作用。投资者和利益相关者通常在评估公司的财务健康时分析公司的初始成本;主要成本。相对于销售收入,初始成本较低的公司通常被认为更高效、更有利可图。因此,保持对这些成本的清晰理解对于吸引投资和促进增长至关重要。此外,初始成本;主要成本的重要性不仅限于单个企业。在更大范围内,它影响整个行业和经济。例如,原材料价格的波动可能会影响各个行业的初始成本;主要成本,从而影响市场趋势和消费者行为。当生产成本上升时,企业可能会将这些增加转嫁给消费者,导致价格上涨并可能减少需求。总之,初始成本;主要成本的概念是任何企业成功的基础。它包含了生产商品或服务所涉及的直接费用,并作为定价、预算和财务分析的关键因素。通过有效管理和理解自己的初始成本;主要成本,企业可以提高盈利能力、吸引投资,并为整体经济的健康做出贡献。因此,企业家和管理者必须优先考虑对这些成本的透彻理解,以确保他们的事业在竞争激烈的市场中蓬勃发展。

相关单词

initial

initial详解:怎么读、什么意思、用法