COSTS AND BUSGETS

Mtra. Mayra Guadalupe Fuentes Sosa

Cost

• Refers to the cost of

production and
operations.
• Is an estimated
amount that people
pay or spend to
shop for something.
• Team :
• Salas Cordova Jared
• Sales Canul Aaron
 costs

Require the payment of a specified

surm or money before it can be
acquired or done
 Costs fixed

Are those costs that are not sensitive to small

changes in the levels of activity of a
Company, but remain invariable in the face
of these changes
 Variable costs

Is one that is modified according to

variations in the volumen of production,
it is both goods and services
 Spent

It is an outflow of money that a person or

Company must pay to prove their right to
an ítem or to receive a service
 Direct cost

Are those that are assigned

unequivocally and directly to the cost
objective
 Indirect cost

It is that cost that affects the production

process in general of one or more products,
so it cannot be directly assigned to a single
product without using some allocation criteria
 Breakeven

Is the minium number of units that a

Company needs to sell so that the
profit at that moment is zero
 Unit cost

Is the average value that, at a certain

volume of ´production, it costs to
produce one unit of the product
 Repair cost

These are expenses that derive from

technical failures of breakdowns for which
the participation of a technician is requires
 Financial state

Are reports used by institutions to

publicize the economic situation
 Balance sheet

Is an accounting financial report that

reflects the economic and financial
situation of a Company at a given time
 Statement of income

It is a financial statement that shows in an

orderly and detailed way how the result of
the exercise was obtained during a certain
period
 Cash flow

It is a basic financial statement that reports

on the variations and movements of cash
and its equivalents in a given period