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  #1  
Old 09-22-2007, 10:26 PM
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Default cost of production

Does anyone know where you can find the cost of production vs. the sale price of certain goods?
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Old 09-22-2007, 10:29 PM
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Default

You might be able to put some of that information together from a companies annual report.
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Old 09-23-2007, 12:12 AM
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you are really going to cause yourself to have a mental breakdown over this my little Marxist. Just let it go...
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Old 09-23-2007, 03:50 AM
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Default

Why do you think there is any relationship between the two.
The price of Gas and diamonds comes to mind.
The first has its price controlled by demand and available supply and has nothing to do with production costs.
Diamonds have their price controlled artificially by de Beers who stock pile diamonds and sell to merchants in unseen mixed packets. They are offered at quoted prices on a take it or leave it basis.
If you question a packet you receive, you are never offered any more.

Is all this Fair, immoral, justified...? who knows... but the market works in both cases.
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Old 09-23-2007, 04:35 AM
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Default

I don't think you'll ever find an honest answer to that. The news leaked recently here in the U.K that supermarkets and Dairies have been actively "fiddling" the price of milk; somewhere 9in between these two, there has been some creaming off of undisclosed profit (no pun intended)..........

I once heard a lorry driver on a ferry telling me that he found out that Denim Jeans coming into the U.K by lorries were valued at $2 each (there is a heck of a lot of travel in between each process), and that those are the same Jeans sold by Marks &Spencer (which should be a reputable chain) for $80 per pair.

My son is training to be an account, and he really has had his eyes opened as to how figures can be manipulated in companies, simply by way of exporting, re-importing (a few times) in between companies in the same group.

As some one once said, "There are lies, damned lies and statistics"; the same applies to "creative accoutantcy"
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