Greetings @sbamsoneu

1.- You have given us your perception about costs and how important their good management is for a successful business. Knowing how to make good use of them will result in sales prices that will allow the desired profitability margins.

2.- You have established differences between costs and expenses, exemplifying through a clothing store, clearly separating costs from expenses. Everything that is involved in production is part of the costs of the product or service.

3.- You have shared with us the importance of costs for the profitability of a business, and how a good management of them can help to have a solid business.

4.- You explained in detail the way in which you performed the determination of costs for the manufacture of shirts. It is important to take into account the fixed and variable costs and then distribute them throughout the production, and thus have sales costs adjusted to the reality of the company.

Below I share the summary of the evaluation.

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