cost of production
51cost of sales — cost of goods sold; = COGS A figure representing the cost to an organization of supplying goods or services for sale, excluding administration and other general overheads. In a sales organization, it is the opening stock at the beginning of an… …
52cost accountant — ➔ accountant * * * cost accountant UK US noun [C] ► ACCOUNTING an accountant who examines all the costs involved in a business activity or a production process in order to help managers decide how to make profits or save money: »The prime role of …
53cost of sales — cost of goods sold; COGS A figure representing the cost to an organization of supplying goods or services for sale, excluding administration and other general overheads. In a sales organization, it is the opening stock at the beginning of an… …
54Production sharing agreement — Production sharing agreements (PSAs) are a common type of contract signed between a government and a resource extraction company (or group of companies) concerning how much of the resource (usually oil) extracted from the country each will… …
55cost accounting — cost′ account ing n. bus an accounting system that analyzes the cost of items involved in production • Etymology: 1910–15 cost′ account ant, n …
56cost accounting — cost accountant. an accounting system indicating the cost of items involved in production. Also called, esp. Brit., costing. [1910 15] * * * …
57cost reduction — UK US noun [C or U] ► the process of reducing the amount of money that a company spends on wages, production, etc. in order to make it more profitable: »further/continuing/significant cost reductions …
58cost accounting — n. Accounting 1. a system for recording, analyzing, and allocating production and distribution costs 2. the keeping of such records cost accountant n …
59Cost of products sold — (COPS) is the expense incurred by a company to sell a product. It includes raw and packing material costs, production costs (labor, utilities, etc.), and certain freight costs. Categories: CostsEconomics and finance stubs …
60cost-push inflation — cost′ push infla′tion n. bus inflation in which prices increase as a result of increased production costs even when demand remains the same Compare demand pull inflation • Etymology: 1955–60 …
