Examlex
A costing worksheet for a contractor is likely to include sections for:
Monetary Cost
Monetary cost refers to the total amount of money that is spent to purchase goods or services.
Opportunity Cost
The benefit that is missed or given up when an investor, individual, or business chooses one alternative over another.
Bavarian Beer
A type of beer that originates from Bavaria, Germany, known for its strict brewing laws and quality standards.
Opportunity Cost
The value of the next best alternative that is forgone as a result of making a decision.
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