/ ˈkɑːst əˈkaʊntɪŋ /
Množina reči cost accounting je cost accountings.
The process of measuring all the costs associated with doing business, both direct costs - materials, labor, marketing, and sometimes distribution - and indirect costs (or overhead) - facilities, rent, utilities, cleaning, maintenance, depreciation, property taxes and insurance, and administration.
Keeping account of the costs of items in production.
The systematic recording and analysis of the costs of material, labor, and overhead incident to production.
/ kɒstɪŋ /
Množina reči costing je costings.
(British) Cost accounting.
There are four common methods to calculate cost of inventory: average costing (assumes that the cost of inventory is the sum of the average costs of goods on hand when the accounting period began and goods purchased since that moment), lower of cost or market cost (measures ending inventory valued as the lower of the purchase cost of the materials or the present market value), first-in, first-out (assumes that the older goods are sold first), and last-in, first-out (assumes that you are selling the goods most recently purchased).