cost of work
61cost of completion — The amount of money required to finish a job when a contract has been breached by the failure to perform. For example, if a general contractor is in breach of contract by not finishing a house extension, the cost of completion is the actual… …
62cost of sales — 1. in retailing : the purchase cost or inventory value of merchandise sold during a stated period plus the cost of direct work thereon (as alterations or workroom charges) 2. in manufacturing : the production cost or inventory value of goods sold …
63cost-plus a fixed-fee contract — A cost reimbursement type contract that provides for the payment of a fixed fee to the contractor. The fixed fee, once negotiated, does not vary with actual cost but may be adjusted as a result of any subsequent changes in the scope of work or… …
64Cost-weighted activity index — A cost weighted activity index is a technique for measuring the changes in the output of an organisation over time. It is used particularly for Government departments and other bodies that do not operate in a market, hence normal means of… …
65work out — UK US work out Phrasal Verb with work({{}}/wɜːk/ verb ► to be successful or develop in a particular way: »I hope your new job works out. ► to have a particular result or type of result: »These figures work out different every time I do them. »It… …
66cost of goods manufactured — manufacturing cost of finished goods The total production cost of the finished goods transferred from the production facility of an organization during an accounting period. It is made up of the total expenditure for the period on direct… …
67cost plus — /kɒst plʌs/ noun a system of calculating a price, by taking the cost of production of goods or services and adding a percentage to cover the supplier’s overheads and margin ● We are charging for the work on a cost plus basis …
68cost plus — /kɒst plʌs/ noun a system of calculating a price, by taking the cost of production of goods or services and adding a percentage to cover the supplier’s overheads and margin ● We are charging for the work on a cost plus basis …
69work out — phr verb Work out is used with these nouns as the subject: ↑idea, ↑thing Work out is used with these nouns as the object: ↑accommodation, ↑agreement, ↑armistice, ↑average, ↑compromise, ↑cost, ↑deal, ↑detail, ↑ …
70cost plus contract — A building or construction contract under which the contractor is entitled to recover the cost of the work to him plus an agreed upon percentage. 13 Am J2d Bldg Contr § 20 …
