Ask for the precise difference between cost and expense

The cost can be directly attributed to the production consumption of the product, which generally includes direct labor, direct materials and so on.

The cost cannot be directly attributed to a certain product, because its consumption is the consumption generated by management and so on in the production process of the product.

I don't know why, but it didn't go out three times.

Expenses refer to the various expenses incurred by enterprises in the process of production and operation. According to its economic content, it is divided into three aspects: the consumption of labor materials, the consumption of labor objects and the consumption of live labor, which are called the three major elements of industrial enterprise expenses.

In order to concretely reflect the composition and level of various expenses of industrial enterprises, they are further divided into the following nine cost elements on this basis:

1 Purchased materials 2 Purchased fuel 3 Purchased power 4 Wages 5 Employee benefits withdrawn 6 Depreciation 7 Interest expense 8 Taxes 9 Other expenses.

The cost of a product is the collection of expense elements that are directly used in the production of a product, which is manifested as a cost item. Including1 Direct materials, which refer to the raw materials, main materials and auxiliary materials that are directly used in the production of products and constitute the product entity. 2. Direct labor (wages) refers to the wages of workers directly involved in the production of products and the employee welfare expenses calculated according to the wages of production workers and the prescribed proportion.

3. Manufacturing expenses refer to the expenses (such as depreciation expenses of machinery and equipment) that are directly used in the production of products, but are not convenient to be directly included in the cost of products, and are indirectly used in the production of products (such as the consumption of machinery and materials, depreciation of workshops and plants, office expenses, etc.).

The direct is the cost, and the indirect is the cost!

What is the cost and what is the expense:

Cost refers to the various expenses incurred by an enterprise in the production of products and the provision of services. Cost in a broad sense refers to the cost of acquiring various assets. Cost in the narrow sense only refers to the cost paid to produce the product, including direct materials, direct labor, and manufacturing expenses, that is, expenses included in costs.

Therefore, the expenses incurred are not necessarily costs, but the costs are objectified expenses. Expenses refer to the outflow of economic benefits incurred by enterprises for daily activities such as selling goods and providing labor services.

Links between costs and expenses:1Costs and expenses are components of an enterprise's expenditures other than debt service expenses and distribution expenses; 2.

Costs and expenses are the consumption of the economic resources of the enterprise; 3.At the end of the period, the cost of the products sold in the current period should be carried forward to the expenses of the current period.

The difference between cost and expense: cost is an objectified expense, which is aimed at a certain cost calculation object; 2.Fees are for a certain period of time.

Expenses are the consumption of assets, the purpose of which is to obtain operating income and obtain more new assets; Cost is an objectified expense; Expenses are sometimes accompanied by expenses, but the expenses are not necessarily current expenses. Any part of the expenditure that is related to the acquisition of operating income can be expressed or converted into an expense, otherwise it cannot.

The cost is the purchase expense. The cost is the total cost.

First, the reference is different.

1. Cost: production cost, cost**. The part of the value of the product that belongs to the value of the input factor of production.

2. Expenses: money spent; Expenditure.

Second, the source is different.

1. Cost: Lao She's "Four Generations in the Same Hall" 59: "The price set by the Japanese is less than two-thirds of the cost, and it is absolutely not allowed to be changed. ”

2. Cost: Ming Xu Fuzuo The fourth play of "A Penny": "It turns out that I have always loved money and refused to pay for it, but why do you say it?" ”

Vernacular interpretation: Ming Xu Fuzuo The fourth play of "A Penny of Money": "It turns out that I have always loved money and refused to spend it, why do you say that? ”

Third, the focus is different.

1. Cost: all the expenses required to produce and sell a product. The qualifications, abilities, conditions, etc., that can be relied on in the analogy.

2. Expenses: refers to various expenses.

1.To put it simply, expenses are current profits and losses, that is, some necessary or unnecessary expenses incurred in your operation, and various expenses that are not directly related to the products produced.

2.For example, water and electricity, freight, ** fees, car expenses, management salaries, etc., these are the profit and loss expenses that you will incur every month when you run a company.

3.The cost is different, and generally only after you sell will you carry forward the cost.

4.After your batch of products is released, you have to calculate the cost and profit of this batch of products separately, so that you can better plan and make decisions for the development of the enterprise in the future.

5.The cost is a relatively simple piece, but the cost is broad and profound, complex and abnormal.

Difference: Cost: As the name suggests, such as you make a piece of clothing yourself, fabric.

Cost: labor costs, freight costs incurred in buying fabrics, packaging costs, etc.

Connection: The two of them are complementary to each other, and at the end of the period, these expenses will be carried forward to the cost, constituting the cost of selling a commodity, and then selling, of course, the sale will generate sales costs, such as: freight, manual handling costs, packaging costs, etc.

The difference and connection between fees and costs is as follows:

The difference between period expenses and costs is that period expenses are mainly collected according to the accounting period, and are generally calculated based on various original vouchers obtained in the course of the company's operation; The cost is mainly collected by product, which is generally calculated based on the cost calculation sheet or cost summary table and product warehousing list, excluding period expenses.

When we analyze the product, we need to clearly distinguish between direct and indirect costs, so as to conduct further analysis.

Production cost refers to the various production expenses incurred by an enterprise in order to produce products or provide services, including material costs, labor costs and manufacturing expenses incurred by the manufacturing department.

Among them, the production cost that can be attributed to a product is called direct cost, including material cost and labor cost;

Among them, it cannot be directly attributed to a certain product, but needs to be allocated to the production cost of different products according to a certain proportion, which is called indirect cost, and manufacturing cost is manufacturing cost.

Expenses are classified according to economic content, which can reflect what expenses have occurred in a certain period of time and how much is the amount, which is used to analyze the proportion of various expenses in all expenses in each period of the enterprise, assess the implementation of the cost plan, and provide important data for calculating the net industrial output value and national income.

Expenses are classified according to economic use, which can clearly reflect the material costs, workers' wages and various expenditures directly used for product manufacturers to organize and manage production and business activities, so as to help enterprises understand the implementation of cost plans, quotas, budgets, etc., control cost expenditures, and strengthen cost management and cost analysis.

Expenses are the outflow of economic benefits incurred by enterprises in their daily activities such as selling goods and providing labor and goods. Cost is the cost of a certain product or service object. The difference between the two:

1. The content is different. Expenses include production costs, management costs, sales costs and financial expenses. The cost of products of an industrial enterprise includes only the cost of producing a certain type or quantity of finished products. It does not include the production costs and other expenses of unfinished products.

2. The calculation period is different. The calculation period of the expense is linked to the accounting period, and the cost of the product is generally linked to the production cycle of the product.

3. The object is different. The calculation of expenses is classified by economic use, and the cost of products is calculated for products.

4. The calculation basis is different. Costs are calculated on the basis of direct costs and indirect costs. The cost of the product is based on a certain costing object.

5. The account and the original voucher are different. Expenses are based on various original vouchers obtained in the production process, and cost accounts are accounts of the nature of costs such as production costs.

In general, expenses can generally not be directly related to the product, but directly related to the product that generates revenue.

<> fees and costs are important concepts in business operations, and there is a clear difference between them. Expenses refer to the expenses that must be paid by the fictitious enterprise in order to obtain income in the process of production and operation, while cost refers to the resources that must be invested by the enterprise in order to obtain income in the process of production and operation.

How to accurately calculate fees and costs.

The accurate calculation of the difference between expenses and costs is an important part of business operation, and their accurate calculation can help enterprises better control costs and improve operational efficiency. Therefore, when calculating fees and costs, businesses should adopt the following methods:

1.Categorical calculations.

When calculating expenses and costs, enterprises should classify and calculate according to different categories, such as production expenses, management expenses, sales expenses, etc. This allows for a better grasp of the company's expenses and cost profile, and targeted control.

2.Regular audits.

When calculating fees and costs, businesses should review them regularly to ensure the accuracy of fees and costs. The contents of the audit include the account, amount, time, etc. of expenses, and the account, amount, and time of costs.

3.Reasonable control.

When calculating fees and costs, enterprises should take reasonable control measures to ensure the reasonableness of fees and costs. For example, enterprises can take measures such as technological transformation, energy conservation, and production efficiency to reduce expenses and costs.

4.Adjust dynamically.

When calculating fees and costs, enterprises should dynamically adjust the calculation method of fees and costs according to market changes and enterprise development to ensure the accuracy of fees and costs.

Conclusion. <> fees and costs are important concepts in business operations, and there is a clear difference between them. When calculating expenses and costs, enterprises should adopt methods such as categorical calculation, regular audit, reasonable control and dynamic adjustment to ensure the accuracy of expenses and costs.

Only by accurately calculating expenses and costs can enterprises better control costs and improve operational efficiency.

The difference between expenses and costs: expenses refer to the outflow of economic benefits incurred by enterprises for the daily activities such as selling goods and providing labor services, which can be divided into three categories: production expenses, period expenses and income tax expenses; Cost refers to the value of the product in the production and manufacturing process in terms of resources consumed and measured in money. Includes:

The value of labor objects that have been expended in the production of commodities such as raw materials and fuel, depreciation expenses, wages, etc.

Fee-to-cost linkage: Expenses range more than costs. According to the scope of cost accounting, the period cost cannot be converted into cost (the cost here is the cost of the product), only the production cost can be converted into the cost, according to the accounting standards, the objectified production cost is the cost of the product.