costs of production
121line production — mass production A type of process in which high volumes of identical, or very similar, products are made in a set sequence of operations. It involves high capital expenditure and depends on efficient plant layouts and procedures, as well as good… …
122variable production overhead — The elements of an organization s indirect manufacturing costs that vary in total in proportion to changes in the level of production or sales. Examples can include factory power and depreciation of machinery using the production unit method …
123post-production — UK / US adjective cinema used for describing the work done on a film or television programme after the action has been filmed post production costs Derived word: post production UK / US noun uncountable …
124labour costs — wages costs Expenditure on wages paid to those operators who are both directly and indirectly concerned with the production of the product, service, or cost unit. See also: direct labour cost, indirect labour cost …
125variable costs — /ˌveəriəb(ə)l kɒsts/ plural noun production costs which increase with the quantity of the product made, e.g. wages or raw materials …
126variable costs — /ˌveəriəb(ə)l kɒsts/ plural noun production costs which increase with the quantity of the product made, e.g. wages or raw materials …
127Capital Costs — The amount of money needed to purchase equipment, buildings, tools, and other manufactured goods that can be used in production …
128manufacturing overhead — production overhead The costs of production that cannot be traced directly to the product or cost unit. Apart from the direct costs, all other costs incurred in the manufacturing process are the manufacturing overhead; examples include… …
