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costing

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costing
▪ I. † ˈcosting, n. Obs. A kind of apple. Cf. costard.1741 Compl. Fam. Piece ii. iii. 383 Apples [July]. Stone Apple..Summer Costing.▪ II. ˈcosting, vbl. n. [f. cost v. + -ing1.] a. Estimation of the cost of production of an article, etc. b. The costs of production or working. Also pl. and attrib.18... Oxford English Dictionary
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Target costing
Process of target costing The process of target costing can be divided into three sections: the first section involves in market-driven target costing Product-level target costing Following the completion of market-driven costing, the next task of the target costing process is product-level target costing wikipedia.org
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Standard costing definition — AccountingTools
Nov 13, 2023Standard costing is the practice of substituting an expected cost for an actual cost in the accounting records. Subsequently, variances are recorded to show the difference between the expected and actual costs. This approach represents a simplified alternative to cost layering systems, such as the FIFO and LIFO methods, where large amounts of ...
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costing
costingn [C, U] (commerce 商) estimation or fixing of prices or costs 估价; 定价; 成本计算; 作价 When we had done the costings on the project, it was clear it would not be economical to go ahead with it. 我们计算了成本, 清楚表明这项工程不合算. [attrib 作定语]the costing department, clerk etc 成本会计部门、 会计等. 牛津英汉双解词典
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Actual Costing - Meaning, Formula, Vs Normal & Standard Costing
Actual costing is a method of recording and calculating the cost sheet balance by including the real-time prices of goods and services. Here, there are no budgeted or estimated costs used. As a result, there is proper allocation and transparency. This costing method prevails more in production firms.
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Normal vs. Actual Costing | Definition, Methods & Examples
Nov 21, 2023Actual costing uses actual mounts for the direct materials and labor, while normal costing just uses the actual amounts. Under actual costing, the overhead allocation rate is calculated based on ...
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Key Differences Between Actual Costing and Normal Costing
Sep 30, 2022Accuracy. Under actual costing, rates are based on costs incurred, while in normal costing, rates are based on the anticipated total efficiency of production. For example, the actual number of units produced at each rate might be lower than your team expected, resulting in inefficient use of resources and higher costs per unit.
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Process costing
One type of costing system that is used in certain industries is process costing that varies from other types of costing (such as job costing) in some In process costing unit costs are more like averages, the process-costing system requires less bookkeeping than does a job-order costing system. wikipedia.org
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Direct costing definition — AccountingTools
Oct 3, 2023Direct costing is a specialized form of cost analysis that only uses variable costs to make decisions. It does not consider fixed costs, which are assumed to be associated with the time periods in which they were incurred. The direct costing concept is extremely useful for short-term decisions, but can lead to harmful results if used for long ...
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Costing the Earth
Costing the Earth is a factual programme on BBC Radio 4 about the environment. wikipedia.org
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Variable costing
Variable costing is a managerial accounting cost concept. Variable costing is a costing method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in wikipedia.org
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I need help with this word problem. A pet store owner wants to mix together an high quality dry cat food costing 1.10 per pound with a lower quality dry cat food costing 0.85 per pound. How many pounds of each should ...
pounds at a cost of $1.10$) and the cost of the leass expensive food (y pounds at a cost of .85 per pound) by noting we want a _total of $40$ pounds costing
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Railway costing
some commercial variations of railway costing models have been implemented, including the OSCAR railway costing model developed by CPCS Transcom Limited The Cartage railway costing model was developed by Vectorail, a global supplier of railway costing solutions with more than forty years of experience in wikipedia.org
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Costing Manager, HCM Vietnam - - 34387
时间类型: Full-time 返回职位搜索 . 申请 . 分享 . 说明与要求 . Who we are . lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in ...
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Activity‐based costing for logistics and marketing
Activity‐based costing (ABC) is gradually being utilized as more of a decision‐making tool than an accounting tool. This paper investigates how, after almost a decade of slow growth, ABC is gaining acceptance as a tool to determine the true costs of marketing and logistics activities. How ABC provides managers with considerable insights ...
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