cost of materials

  • 71Nanochannel glass materials — are complex glass structures containing large numbers of parallel hollow channels. Source: Naval Research Laboratory Technology Transfer Office. Nanochannel glass materials are an experimental mask technology that is an alternate method for… …

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  • 72Holding cost — In business management, holding cost is money spent to keep and maintain a stock of goods in storage. The most obvious holding costs include rent for the required space; equipment, materials, and labor to operate the space; insurance; security;… …

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  • 73Low cost housing in Pakistan — Private sector Low Cost Housing in Pakistan was initially based on the concept of providing housing facilities to the general public, without making enormous profits. It was pioneered by Al Azam Limited Construction Company, a start up… …

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  • 74At What Cost?, Cornell — At What Cost? was a graduate student group formed at Cornell University in August 2002 to oppose a graduate student unionization drive run by an organization called CASE/UAW that was affiliated with the United Auto Workers. The name At What Cost? …

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  • 75marginal-cost pricing — In economics, the practice of setting a product s price equal to the additional (marginal) cost of producing one more unit of output. The producer charges an amount equal to the cost of the additional economic resources. The policy is used to… …

    Universalium

  • 76direct materials price variance — In a standard costing system, a variance arising as part of the direct materials total cost variance. There are two alternative points at which the materials price variance may be established: when the material is purchased or when it is issued… …

    Accounting dictionary

  • 77production cost variance — In standard costing, the variance arising when the standard cost of the actual production is compared with the actual cost incurred. If the standard cost is higher than the actual cost a favourable variance arises, while if the actual cost… …

    Accounting dictionary

  • 78standard cost allowance — Under a standard costing system, the level of expenditure allowed to be incurred for variable costs, taking into account the actual levels of activity achieved. For example, the standard cost allowance for direct materials is obtained from the… …

    Accounting dictionary

  • 79standard cost allowance — Under a standard costing system, the level of expenditure allowed to be incurred for variable costs, taking into account the actual levels of activity achieved. For example, the standard cost allowance for direct materials is obtained from the… …

    Big dictionary of business and management

  • 80direct cost — ➔ cost1 * * * direct cost UK US noun [C] (also direct expense, also first cost, also prime cost) ► ACCOUNTING the cost of the materials and the workers that are involved when a compan …

    Financial and business terms