inventory costs
11Inventory Management — The overseeing and controlling of the ordering, storage and use of components that a company will use in the production of the items it will sell as well as the overseeing and controlling of quantities of finished products for sale. A business s… …
12inventory — / ɪnvənt(ə)ri/ noun 1. (especially US) all the stock or goods in a warehouse or shop ● to carry a high inventory ● to aim to reduce inventory 2. a list of the contents of a building such as a house for sale or an office for rent ● to draw up an… …
13inventory — / ɪnvənt(ə)ri/ noun 1. especially US all the stock or goods in a warehouse or shop ● to carry a high inventory ● to aim to reduce inventory (NOTE: The UK term is stock.) 2. a list of the contents of a building such as a house for sale or an… …
14inventory valuation — stock valuation The valuation of stocks of raw material, work in progress, and finished goods. According to Statement of Standard Accounting Practice 9, stocks should be valued at the lower of cost or net realizable value and the costs incurred… …
15inventory valuation — stock valuation The valuation of stocks of raw material, work in progress, and finished goods. According to Statement of Standard Accounting Practice 9, stocks should be valued at the lower of cost or net realizable value and the costs incurred… …
16inventoriable costs — Costs that can be included in the valuation of inventory (raw materials, work in progress, or finished goods). See inventory valuation …
17Backorder Costs — A cost incurred by a business when it is unable to fill an order and must complete it later. A backorder cost can be discrete, as in the cost to replace a specific piece of inventory, or intangible, such as the effects of poor customer service.… …
18Flow Of Costs — Refers to the manner in which costs move through a firm. Typically, the flow of costs is relevant to a manufacturing environment where accountants must quantify what costs are in raw materials, work in process, finished goods inventory and cost… …
19Carrying Costs — The price of holding, or carrying, inventory. Carrying costs include storage costs, maintenance (particularly in regard to perishable items), insurance and other less tangible expenses, such as opportunity costs and losses due to theft. One of… …
20National Bridge Inventory — The National Bridge Inventory (NBI) is a database, compiled by the Federal Highway Administration, with information on all bridges and tunnels in the United States that have roads passing above or below. This is similar to the grade crossing… …
