total production cost
1Total delivery cost — Total Delivered Cost (TDC) is the amount of money it takes for a company to manufacture and deliver a product. Its components are: *Total Manufacturing Cost: Costs incurred up to and inclusive of the production of finished and wrapped pallets or… …
2total standard cost — The total standard production cost plus the standard cost allowance for the non production overhead …
3total standard cost — In standard costing, the total standard production cost plus the standard cost allowance for the non production overhead …
4production cost — total cost of production The total of all the costs incurred in producing a product or cost unit. In a manufacturing account the production cost is represented by the total of the prime costs and the manufacturing overhead. See: cost of goods… …
5production cost — total cost of production The total of all the costs incurred in producing a product or cost unit In a manufacturing account the production cost is represented by the total of the direct costs and the manufacturing overhead See cost of goods… …
6production cost variance — In standard costing, the variance arising when the standard cost of the actual production is compared with the actual cost incurred. If the standard cost is higher than the actual cost a favourable variance arises, while if the actual cost… …
7Production Cost — A cost incurred by a business when manufacturing a good or producing a service. Production costs combine raw material and labor. To figure out the cost of production per unit, the cost of production is divided by the number of units produced. A… …
8total standard production cost — The total of standard direct materials cost, standard direct labour cost, the standard fixed overhead cost, and the standard variable overhead cost …
9total standard production cost — In standard costing, the total of standard direct materials cost, standard direct labour cost, the standard fixed overhead cost, and the standard variable overhead cost …
10production cost — noun combined costs of raw material and labor incurred in producing goods • Hypernyms: ↑cost * * * noun : the combined total of raw material and direct labor costs and burden incurred in production …
