Operating cost

Operating cost,

Definition of Operating cost:

  1. The operating cost is deducted from revenue to arrive at operating income and is reflected on a company’s income statement.

  2. Operating costs are associated with the maintenance and administration of a business on a day-to-day basis. Operating cost is a total figure that include direct costs of goods sold (COGS) from operating expenses (which exclude direct production costs), and so includes everything from rent, payroll, and other overhead costs to raw materials and maintenance expenses. Operating costs exclude non-operating expenses related to financing such as interest, investments, or foreign currency translation.

  3. Cost per unit of a product or service, or the annual cost incurred on a continuous process. Operating costs do not include capital outlays or the costs incurred in design and implementation phases of a new process.

How to use Operating cost in a sentence?

  1. The operating cost for Apple to make one of their smartphones is $199 for the 16GB version and $218 for the 64GB version.
  2. Operating costs can be found and analyzed by looking at a company's income statement.
  3. Common operating costs in addition to COGS may include rent, equipment, inventory costs, marketing, payroll, insurance, and funds allocated for research and development; and exclude non-operating costs.
  4. Operating costs are the ongoing expenses incurred from the normal day-to-day of running a business that include both overhead and costs of goods sold (COGS).
  5. Even though Johns business was online running a website and he had no other workers behind him, he still had operating cost s such as server space, bandwidth costs, and server maintenance costs which all were expensive in their own ways.
  6. It was my job to figure out the operating cost and that would me quite a bit of time to determine.

Meaning of Operating cost & Operating cost Definition

Operating Cost,

How To Define Operating Cost?

  1. Operating costs relate to day-to-day maintenance and business management. Operating costs are the total amount which includes the direct cost of goods sold (COGS) operating costs (excluding direct manufacturing costs) and therefore with rent, salary and other costs, raw material and maintenance costs. General expenses are included. Operating expenses do not include non-operating expenses related to financing, such as interest, investment or currency conversion.

    • Operating costs are the company's current business day expenses, including overheads and cost of goods sold (COGS).
    • General operating expenses other than COGS may include rent, equipment, inventory costs, marketing, salaries, insurance, and research and development funds, and may not include non-operating expenses.
    • Operating expenses can be determined and analyzed through the company's income statement.

Literal Meanings of Operating Cost

Operating:

Meanings of Operating:
  1. (One person) controlling the operation (machine, process or system)

  2. Surgical intervention.

Sentences of Operating
  1. The Prime Minister uses the system of distribution to govern

  2. Surgeons operated on your jaw yesterday morning

Synonyms of Operating

manage, control, make go, utilize, intervene, use, wield, carry out an operation, employ, work, be in charge of, handle, set off, run, perform surgery, ply

Cost:

Meanings of Cost:
  1. Payment (an amount of money) is required before receiving or performing (an item or action).

Sentences of Cost
  1. The price of each issue of the magazine is 25 2.25

  2. Your job is to plan and calculate the cost of the media program for the campaign.

Synonyms of Cost

charge, put a value on, fare, fetch, come to, be, be priced at, estimate the cost of, price, evaluate, asking price, tariff, levy, estimate the price of, put a price on, market price, be valued at, amount to, value, fee, put a figure on, sell for, selling price, hire charge

Operating Cost,

What Does Operating Cost Mean?

  1. Operating costs are related to the day-to-day maintenance and management of the company. Operating costs are the total amount that includes the cost of goods sold (COGS) operating costs (excluding direct auction costs) and therefore includes everything from rent, salary and expenses. Other overhead costs range from raw materials and maintenance costs. Operating expenses do not include non-operating expenses related to financing, such as interest, investment or currency conversion.

    • Operating expenses are expenses incurred during a normal business day and include general expenses and cost of goods sold (COGS).
    • General operating expenses, excluding COGS, may include rent, equipment, inventory costs, marketing, salary, insurance and research and development costs, and non-operating costs.
    • Operating expenses can be determined and calculated based on the company's income statement.

Literal Meanings of Operating Cost

Operating:

Synonyms of Operating

put someone under the knife, manipulate, exercise, guide, steer, manoeuvre, drive, pilot

Cost:

Meanings of Cost:
  1. Payment (amount of money) is required before receiving or performing an item or action.

  2. Appreciate the price.

  3. The amount that is paid or spent to buy or receive something.

Sentences of Cost
  1. We can cover the cost of the event.

Synonyms of Cost

face value, rate, quotation, set someone back, go for, worth, knock someone back, rental, valuation, damage, toll