asked 232k views
5 votes
Costco and other big box price clubs charge a membership fee on top of the price of goods sold to members. This is an example of

asked
User DimaTX
by
8.3k points

1 Answer

4 votes

Answer: Service Charge

Explanation: a service charge goes toward the day to day running costs of a company, used to cover things like building costs, insurance, employee compensation. It is how companies like Costco are able to pass along reduced price products to members.

answered
User Bitsoflogic
by
8.7k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.