Greetings friend @xkool24

1.- You have shared the concept and importance of cost. The profitability of a company will depend on the recording of costs; And if they are carried out correctly, it will allow us to know the effectiveness and efficiency with which the production process is carried out.

2.- You have shared the difference between costs and expenses. When we speak in general terms, the different costs apply to any project, the important thing is to know how to distribute them in the cost structure.

3,. You have presented the benefits of having good costing. Profits depend on the price that will be established based on the proper recording of costs.

4.- You have mentioned the steps you would take when creating a business. The organization of costs allows us to visualize the real impact of production in terms of investment, and from there, generate sales strategies.

Below I share the evaluation summary.

Thanks for joining the contest