product costs
21product-line pricing — Setting the price steps between various products in a product line, based on differences in costs of manufacture between the products, competitors prices, and how customers evaluate the different features in the product line …
22product deletion — /ˌprɒdʌkt dɪ li:ʃ(ə)n/ noun the removal of old products from the market as new ones are added to the company’s range ● Product deletion was caused by poor sales. ● If production costs continue to rise then product deletion will be the only answer …
23product placement — refers to how companies buy advertising space within a film for their products, as a way for a producer to fund some film production costs Example: the familiar brand names in Kubrick s 2001: A Space Odyssey (1968); Mountain Dew in Antz… …
24New product development — In business and engineering, new product development (NPD) is the term used to describe the complete process of bringing a new product to market. A product is a set of benefits offered for exchange and can be tangible (that is, something physical …
25direct costs — 1) Product costs that can be directly traced to a product or cost unit. They are usually made up of direct materials costs (which can be charged directly to the product by means of materials requisitions), direct labour costs (charged by means of …
26direct costs — 1) Product costs that can be directly traced to a product or cost unit They are usually made up of direct materials costs (which can be charged directly to the product by means of materials requisitions), direct labour costs (charged by means of… …
27joint costs — In process costing, the costs incurred prior to the separation point after which the joint products are treated individually. The joint costs are therefore common to the joint products; in order to determine individual product costs, the joint… …
28indirect costs — indirect expenses Expenses that cannot be traced directly to a product or cost unit and are therefore overheads (compare direct costs). As some indirect product costs may, however, be regarded as cost centre direct costs, the indirect cost centre …
29indirect costs — indirect expenses Expenses that cannot be traced directly to a product or cost unit and are therefore overheads (compare direct costs). Some indirect product costs may, however, be regarded as cost centre direct costs; the indirect cost centre… …
30Poultry by-product meal — (PBM) is a high protein commodity used as a major component in some pet foods. It is made from grinding clean, rendered parts of poultry carcasses and can contain bones, offal and undeveloped eggs, but only contains feathers that are unavoidable… …
