f is formatted output. The format specifier is a parameter of the printf function. The parameters of printf can also vary in use hence printf is variadic: printf( %3.2f\n, someNumber ); //prints a float 3 digits wide and 2 decimal places in precision.
As a result, fixed costs are sometimes called period costs. Some fixed costs are incurred at the discretion of a company's management, such as advertising and promotional expense, while others are not. It is important to remember that all non-discretionary fixed costs will be incurred even if production or sales volume falls to zero.
Cost of Goods Sold â What is cost of goods sold? The term cost of goods sold (COGS) refers to the costs that go into creating the products that a company sells or the costs of acquiring goods to sell. Itâs easy to keep track of expenses for your business with Debitoor accounting software. Try it free for 7 days. Cost of goods sold refers to the stock costs of the goods that a company has sold over a particular period. The COGS is determined by the stock valuation method that is used by the company, such as first-in first-out (FIFO), last-in first-out (LIFO), or average cost.