Finance:Extended cost
From HandWiki
 | This article needs additional citations for verification. (December 2009) (Learn how and when to remove this template message) |
In accounting, an extended cost is the unit cost multiplied by the number of those items that were purchased.
For example, four apples purchased at a unit cost of $1 have an extended cost of $4 (=$1 × 4 apples).[1]
By accurately tracking extended cost, a business can make more informed decisions about pricing, purchasing, and inventory management.
References
 |  |
