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Words related to costing
cost·ing
C c -
cost
The cost of something is the amount of money that is needed in order to buy, do, or make it. -
job-order costing
a method of cost accounting by which the total cost of a given unit or quantity is determined by computing the costs that go into making a product as it moves through the manufacturing process. -
cheap
Goods or services that are cheap cost less money than usual or than you expected. -
economy-size
larger in size and costing less per unit of measurement than a smaller size: an economy-size box of soap flakes. -
job costing
a method of cost accounting by which the total cost of a given unit or quantity is determined by computing the costs that go into making a product as it moves through the manufacturing process. -
process costing
a method of assigning costs to production processes where products must of necessity be produced in one continuous process, with unit cost arrived at by averaging units produced to the total cost of the process.