What is a cost incurred in the process of producing or offering a primary business operation? Expense
Input
Output
Price

Expense

Explanation:

Expenses refer to the cost incurred in the production process or when selling goods and services. They are the cost of generating a company's normal revenue.

Expenses are classified into direct and indirect expenses. Direct expenses can be attached to a particular product or service, while indirect expenses are mostly operating costs such as rent, administrative salaries, and insurance.

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"