full-cost method
1Full-Cost Method — An accounting system used by companies that incur exploration costs for oil and natural gas that does not differentiate between operating expenses associated with successful and unsuccessful exploration projects. Regardless of the outcome,… …
2full costing method — full costs A method of costing a product or service that charges all the costs of an organization, both direct costs and overheads, to the cost unit. The full costing method usually takes the absorption approach to the costing of products and… …
3full-cost transfer prices — Transfer prices that are set by full cost pricing but do not include a profit margin for the supplying division. This method is widely used in practice. However, there can be problems for managers if they do not have accurate cost information,… …
4full-cost transfer prices — Transfer prices that are set by full cost pricing but do not include a profit margin for the supplying division. This method is widely used in practice. However, there can be problems for managers if they do not have accurate cost information,… …
5full cost pricing — /ˌfυl kɒst praɪsɪŋ/ noun a pricing method based on assessing the full production cost of each product unit and adding a profit margin …
6full cost pricing — A method of setting the selling prices of a product or service that ensures the price is based on all the costs likely to be incurred in its supply. Compare: cost plus pricing, marginal cost pricing …
7Cost-plus pricing — is a pricing method used by companies to maximize their profits. The firms accomplish their objective of profit maximization by increasing their production until marginal revenue equals marginal cost, and then charging a price which is determined …
8Cost accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
9Full Costing — A managerial accounting method that describes when all fixed and variable costs, including manufacturing costs, are used to compute the total cost per unit. Full costing includes these costs when computing the amount of money it takes to produce… …
10cost — The opposite of revenue. An expense that reflects the price of purchasing goods, services and financial instruments. A cash cost means that cash is given up today to the purchase. Also, the purchase price of an investment, which is compared to… …