What does costing mean?
Definitions for costing
cost·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word costing.
Princeton's WordNet
costingnoun
cost accounting
Wiktionary
costingnoun
The estimation of the cost of a process or product.
Wikipedia
costing
Cost accounting is defined as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. It includes methods for recognizing, classifying, allocating, aggregating and reporting such costs and comparing them with standard costs." (IMA) Often considered a subset of managerial accounting, its end goal is to advise the management on how to optimize business practices and processes based on cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future.Cost accounting information is also commonly used in financial accounting, but its primary function is for use by managers to facilitate their decision-making.
ChatGPT
costing
Costing is a system or method of calculating and determining the total cost of producing a product or providing a service. This includes the cost of raw materials, labor, overheads, and any other direct or indirect expenses. Costing helps in price determination, budget planning, cost control, and financial analysis and is a key aspect of accounting, finance, and economics in a business operation.
Webster Dictionary
Costing
of Cost
Editors Contribution
costing
The cost of a process, commodities, goods, products or services.
The business costing was easily created and provided financial information that the business needed to move forward.
Submitted by MaryC on March 13, 2020
costingverb
Verb form of the word cost.
The costing was accurate, specific and thorough.
Submitted by MaryC on May 2, 2020
Matched Categories
British National Corpus
Written Corpus Frequency
Rank popularity for the word 'costing' in Written Corpus Frequency: #4244
Anagrams for costing »
gnostic
Gnostic
contigs
Numerology
Chaldean Numerology
The numerical value of costing in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of costing in Pythagorean Numerology is: 6
Examples of costing in a Sentence
While your monthly payment may go down, refinancing back to a 30-year loan may end up costing you more interest because you're essentially starting over.
We are not doing new things what we are doing is stimulation programs. Taking from the current funding and putting it into where our bread and butter is, we don't have the figures of the total cost of this. We are currently working on the costing.
People will read in the local newspaper that the local highway expansion or the bus station or the local rail system that the local politicians had promised would only cost $ 100 million and it ends up costing $ 200 million.
. Dr. Scott Irwin, director of palliative care psychiatry at the University of California, San Diego, who was not connected with the study, said the lesson isn't that hospice care is costing too much. Costs should naturally go up because more people are using hospice and using it earlier, which is a really good thing.
Once aircraft get grounded, and you start to go into that spiral, that's really hard to get out of, you have a proportion of your fleet that's not generating revenue but is still costing you money, so the more aircraft you lose, your revenue falls but your cost doesn't fall in the same manner.
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Translations for costing
From our Multilingual Translation Dictionary
- kostkalkulo, kostotaksoEsperanto
- cosgadh, cosgScottish Gaelic
- ವೆಚ್ಚವಾಗುತ್ತಿದೆKannada
- стоимостьRussian
- вартістьUkrainian
Get even more translations for costing »
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"costing." Definitions.net. STANDS4 LLC, 2024. Web. 26 Jul 2024. <https://www.definitions.net/definition/costing>.
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