PART 2 — Cost of sales, and selling and general & admin expenses in running a Trucking Business in the Philippines

In our previous article (<a href="https://medium.com/@janernestgo/part-1-variables-and-fixed-costs-in-running-a-trucking-business-in-the-philippines-ba2efae1800f" rel="noopener">PART 1 — Variables and Fixed Costs in running a Trucking Business in the Philippines</a>), we discussed about what are variable and fixed costs, and we have learned that major difference between these two is that for variable costs, it moves when volume moves but it does the opposite for fixed costs. In this article, we will now learn the other perspective of applying costs and expenses in computing trucking rates. As a start, we need to learn what are cost of sales, or could also be called as cost of production (cost of good sold if the business is in merchandising), overhead expenses, or also called as general selling and administrative expenses, and how all of these are related to variable and fixed. <a href="https://jjaogo.medium.com/part-2-cost-of-sales-and-selling-and-general-admin-expenses-in-running-a-trucking-business-in-8d127dc6a3f9">Website</a>