labor, rent and utilities are expenses
快樂牛郎 發表於 2010-2-25 13:56
I'm sorry but you're wrong!
Wiki:
"Markup is the difference between the cost of a good or service and its selling price.[1] A markup is added on to the total cost incurred by the producer of a good or service in order to create a profit. The total cost reflects the total amount of both fixed and variable expenses to produce and distribute a product."