process cost

  • 51process costing — Accounting. a method of assigning costs to production processes where products must of necessity be produced in one continuous process, with unit cost arrived at by averaging units produced to the total cost of the process. Cf. job order costing …

    Useful english dictionary

  • 52Cost modeling — Financial transactions on the markets incure costs, whether they be market access fees, or market impact on the price of the security traded.Cost modeling is the subject that tries to give a proper mathematical dynamics to the cost process in… …

    Wikipedia

  • 53Cost Accounting — A type of accounting process that aims to capture a company s costs of production by assessing the input costs of each step of production as well as fixed costs such as depreciation of capital equipment. Cost accounting will first measure and… …

    Investment dictionary

  • 54cost standard — A predetermined level of cost expected to be incurred by a cost item used in the supply, production, or operation of a service, product, process, or cost centre. A cost standard is often applied to a performance standard in order to calculate… …

    Accounting dictionary

  • 55cost sheet — noun : a sheet on which detailed cost elements relating to a specific production order or process are assembled called also cost card * * * a summary of costs involved in the production of a product. Also called cost card. * * * cost sheet, a… …

    Useful english dictionary

  • 56process costing — A costing system sometimes applied to production carried out by a series of chemical or operational stages or processes. Its characteristics are that costs are accumulated for the whole production process and that average unit costs of production …

    Big dictionary of business and management

  • 57process costing — A costing method that uses an organization’s manufacturing *processes to allocate costs to *products. Typically used in the large scale production of identical items (e.g., in the chemicals industry), process costing uses activity levels in *cost …

    Auditor's dictionary

  • 58Cost-based anti-spam systems — Since spam occurs primarily because it is so cheap to send, a proposed set of solutions require that senders pay some cost in order to send spam, making it prohibitively expensive for spammers. Contents 1 Stamps 2 Proof of work systems 3 Bonds or …

    Wikipedia

  • 59process choice — The selection of the type of process to be used to provide a product or service. Options range from a one off project approach (e. g. custom made furniture by a craftsperson), through batch production, to continuous processing that produces large …

    Big dictionary of business and management

  • 60Cost Control — The practice of managing and/or reducing business expenses. Cost controls starts by the businesses identifying what their costs are and evaluate whether those costs are reasonable and affordable. Then, if necessary, they can look for ways to cut… …

    Investment dictionary