Tag: costs

How to review tag policies with Azure Cost Management

How to review tag policies with Azure Cost Management

[MUSIC].>>Hi, in this session, we will look at Azure Tag Policy and how you can use policies to enforce good data hygiene for a better cost management experience. My name is Raphael Chacko, and I am a PM on the Azure Cost Management Team. Cosmetic even supports tags and tagging is a useful tool if …

Cost Behavior and Cost-Volume-Profit Analysis

Cost Behavior and Cost-Volume-Profit Analysis

>>Okay, today’s lecture is called Cost Behavior and Cost Volume Profit Analysis. This is not a difficult topic and the concepts in this chapter, probably some of the most useful concepts that you’ll take with you to business and they’re going to follow this for 102 and most of this program. And so, it’s an …

Variable Costs

Variable Costs

You’ve probably heard people distinguish between fixed and variable costs. You might be wondering, “what exactly is a variable cost?” Essentially, a variable cost is a cost that changes based on a level of activity. What I mean by activity it could be a number things. It could be the number of units produced by …

HOW MUCH do 3D printed parts really COST?

HOW MUCH do 3D printed parts really COST?

If you own a 3D printer, I’m quite sure that you have already been asked “Oh, can you print this for me? Just tell me what you wanna have for it.” And if you do this for friends and family, charging only for filament is fine. But what if you really want to earn some …

Episode 21: Accounting Costs vs. Economic Costs

Episode 21: Accounting Costs vs. Economic Costs

Sometimes, people need to readjust their thinking as to what costs mean in economic analysis. From an accounting standpoint, costs refer to direct, or out-of-pocket, or explicit costs. What do I, the business owner, pay for the resources that I use to produce my product? Accounting costs are explicit costs. This means that, from an …