What can a company do to better implement and control the budget ?

Question

What are some factors that effect the price of a product (for your sales plans).

PLZ I need help answering these ?

Answer 1

transportation costs

assembly costs

wages

insurance and other employee benefits

cost of operating a building- rent, utilities, upkeep/repairs

cost of parts to make a product (nuts, bolts, etc.)

Answer 2

It is obvious that if your product is over priced, then it would not sell well. the factors that affect the price of your product are the cost of production, labour , transportation, advert. The major cost is the production, it comprises of the cost of the raw material, the processing, packaging,and even delivering to the consumer. to control budjet, not all cost can be cut, it is better to try increase revenue by either advert or improving the quality of the product. Re branding or repackaging also may help.

Cheers