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10 January, 03:23

The total dollar expenditure for labor, materials, legal services, architectural design, financing, taxes during construction, interest, contractor's overhead and profit, and entrepreneurial overhead and profit is known as what ... ?

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  1. 10 January, 06:44
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    Cost

    Explanation:

    Cost in accounting is defined as the value of the money which has been used up to manufacture or produce something and deliver the service. Therefore, that money will be not be use again anymore.

    In short, the cost is the term which is defined as the aggregate expense incurred in order to complete the task like purchasing material for construction.

    Cost is referred to as the aggregate expenditure for taxes, legal services, financing, architectural design and labor materials while constructing, contractor overhead, profit and overhead.
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