# data[].attributes.body
Yz a23dw0629

Cost : the amount or equivalent paid or charged for something

Profit : money that is earned in trade or business after paying the costs of producing selling goods and service

https://youtu.be/Na4TWd5CPoI?si=y_4cUunTt5o4x-KA

# data[].attributes.body
HENG JIA EN

1. (a) The definition of cost is the amount of expenditure required to order or produce some goods or services.

(b) The definition of profit is the financial benefit realized when the amount of money earned deduct the cost spent.

2. Example

A contractor calculated the final cost of build up an apartment is RMx, which is including total amount cost of resources, materials, time.....

3. Profit is the actual amount of money contractor is pricing to the client to pay for the project(RMy) -the cost is spent of the contractor(RMx). So, the result is the financial benefit received by contractor.

# data[].attributes.body
AWEEN (A23DW1057)

COST & PROFIT

1. DEFINITION: A bussiness profit is the amount of money remaining after the company pays its cost and expenses.

-Profit in construction is the amount of money left over after subtracting overhead, labor and materials costs from a contractor.

-Kos pula merujuk semua perbelanjaan pembinaan dalam merancang dan melaksanakan suatu projek pembinaan yang ditanggung oleh kerja-kerja pembinaan itu sendiri.

2. EXAMPLE:

Projek pembinaan bangunan pejabat 5 tingkat. Klien memberi anggaran kos keseluruhan pembinaan RM10 juta termasuk kos bahan, peralatan, buruh (labour) dan sebagainya. kontraktor dapat melaksanakan projek tersebut dengan harga Rm7 juta.

Keuntungan kasar kontraktor mendapat Rm3 juta.

PENDAPATAN - KOS = KEUNTUNGAN

RM10 JUTA - RM 5 JUTA = RM3 JUTA

# data[].attributes.body
NINA A23DW0606

Kos merujuk kepada perbelanjaan yang ditanggung berhubung dengan kerja kerja pembangunan. Selain itu, kos merupakan nilai wang bagi barangan dan perkhidmatan yang dibeli oleh pengeluar dan pengguna.

Profit pula merupakan keuntungan yang diperoleh dari sebuah bisnes. Di sisi lain, untuk menghasilkan profit bukanlah satu hal yang mudah, ia memerlukan ilmu penjualan dan strategi pemasaran yang baik serta dapat menerapkannya dengan tepat sasaran kepada target konsumen.

Sebagai contoh, klien telah memberi kontraktor sebanyak RM1.5 juta untuk membina sebuah rumah teres 2 tingkat. Kemudian, kontraktor dapat menyiapkan keseluruhan kerja kerja dengan harga sebanyak RM1 juta sahaja. Jadi, baki sebanyak RM500,000 automatik menjadi profit untuk kontraktor.

# data[].attributes.body
GAN CHIN HENG

A23DW1107

1. The definition of cost is the amount of money needed for a business or to do a particular job. (All job involves expense money = cost)

2. The definition of profit is the amount of money that earned from selling, trading and service. (price- cost= profit)

For example:

A contractor asked by his client to build a villa. the client spent RM 1,200,000 on the material and labor cost. After that, the client sells his villa to another buyer with RM 1,600,000. In the case, the client earned RM 400,000 as his own profit by selling this villa.

COST= RM 1,200,000

SELLING PRICE= RM1,600,000

RM1,600,000 - RM 1,200,000 =RM 400,000

# data[].attributes.body
Huai Bin

Definition:

1. Cost

Cost is the amount of money needed to make something to sell to the customer

2. Profit

Profit is the amount of money that is earned more than the cost or service fee

Example:

1. A contractor gets RM10 million from client and spend on the materials and labour as the construction cost.

2. The construction cost in the construction project is RM 10 million, then the contractor quoted RM 14 million from the client, so the contractor get the profit from client is RM4 million.

# data[].attributes.body
Yeong Sook Hua A23DW0604

1. Cost refers to the total expenditure incurred by a business in order to run its operations.

2. Profit is calculated by finding out the difference between revenues and cost.

Example:

All costs incurred by the contractor for the completion of the renovation project, such as materials, Labour and other expenses, amounted to 7,000. The contractor charged the client RM10,000 for the completion of the renovation project.

Rm10,000 - RM7,000 = RM3,000 (RM3,000 will become profit)

# data[].attributes.body
GOH YEE JIE

1.Cost is amount of money that manufacturer use to produce their product.

Profit is amount of money that earn from the product.

2.For example, a designer is required by client to do a renovations for his house.The cost for the renovation works by spending in materials and labour is only RM100k.After that the designer quoted RM120k from the clients. So, RM20k is the profit.

# data[].attributes.body
JIA (A23DW1106)

Definition

1. Cost is the total amount of money spent on production and maintaining product.

2. Profit is when business earns more money than the expenses need to produce and sell goods and services. Profit is (Price-cost= profit). There are 3 major level of profit is gross profit, operating profit and net profit.

# data[].attributes.body
ELGINE TANG JUN YU (A23DW0608)

1) PROFIT = PRICE - COST

i) Cost is means all the fee include the project.such as material, worker salary, equipment, insurance and permit.

ii)Profit is means the total money after deduct all costs that is our profits.

2)For example , we as a contractor we get RM 600,000 from client. firstly , we need to cauculated and confirm with supplier how much of the materials. After that , we need to cauculate fixed costs and the variable costs. For example , our total cost is RM 400,000. That means our profits is RM 200,000.

# data[].attributes.body
1. The definition of cost is the amount of money required to expense in order to produce a good or product. The definition of profit is the amount of money earned from selling the product that exceeded the amount of cost used to produce it.

2. For example, a contractor is asked to build a house by his client. the contractor spent RM 1,000,000 on the materials and labor to as the construction cost. After that, the contractor quoted RM 1,500,000 from the client as the final price of the house. In this case, the contractor earned RM 500,000 from this project which is the profit he made.

# data[].attributes.attachment_caption
How the client get his/her profit from the cost spent.

# data[].attributes.body
Frankie A23DW0612

1. Cost is the amount of money incurred when a firm is producing goods or service.

2. Profit is the amount of money obtained from the goods or service sold and is more than the amount of cost. (Profit = Selling price - cost)

1. For example, the client will pay RM12 million for a small scale town project, including the cost for Materials, Land, Labours, Consulting, etc. The amount of money paid will be used by the contractor, engineers, etc. to operate the project.

2. When the project is finished to the client's requirement, the tenants or future owner will rent or purchase the house//shop lot. Only then the amount of tenants and owners will decide the profit earned by the client. E.g RM450K for a house, if 10 people loaned for it, the client has now at least RM4.5 million return on investment.

# data[].attributes.body
Anis

Definisi :

Kos ialah harga yang perlu kita bayar untuk sesuatu

profit ialah keuntungan yang diperolehi hasil daripada penjualan sesuatu.

Contoh : https://youtu.be/oDwrPhow98c?si=ZUaZrkEpeY7fKxMk

# data[].attributes.body
BINTULHUDA

COST AND PROFIT.

1. DEFINITION

GRAPHIC

2. EXAMPLE : LINK YOUTUBE

# data[].attributes.body
zXCcczx