In doing business, a firm or an individual is liable to incur all the costs involved in producing and selling items. Registration and licensing fees, renting facilities, hiring employees, advertising ...

Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...

Calculating the cost of goods sold gives a business insight into its performance and helps calculate profit. Many, or all, of the products featured on this page are from our advertising partners who ...

In step 3, you calculated your total cost of doing business. Divide that amount by the Total Number of Billable Units in step 2 to create your cost per billable unit. According to the example above, ...