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

  1. costingnoun

    cost accounting

Wiktionary

  1. costingnoun

    The estimation of the cost of a process or product.

Wikipedia

  1. 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

  1. 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

  1. Costing

    of Cost

Editors Contribution

  1. 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  


  2. 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

  1. Written Corpus Frequency

    Rank popularity for the word 'costing' in Written Corpus Frequency: #4244

Anagrams for costing »

  1. gnostic

  2. Gnostic

  3. contigs

How to pronounce costing?

How to say costing in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of costing in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of costing in Pythagorean Numerology is: 6

Examples of costing in a Sentence

  1. Craig Melvin:

    Meanwhile, that war in Ukraine having quite the impact here at home, where just about everything is costing more these days, in some cases a lot more.

  2. Matt Kuchar:

    I played some pretty good golf but got a bad break, i hit a beautiful shot in but it caught a limb and it ended up costing me a double bogey.

  3. Yvonne Yen:

    We trying to move, because the property tax is costing me a thousand dollars a month, but we have no place to move.

  4. Loren Weisman:

    When marketing is not grounded in a foundation of authentic messaging with authority, integrity and ability, it can end up costing worlds more, saying worlds less and sounding the same as so many others.

  5. Mallory Duncan:

    This is not just a business-to-business dispute, these fees drive up the price of retail merchandise, costing the average family hundreds of dollars a year.

Popularity rank by frequency of use

costing#10000#15237#100000

Translations for costing

From our Multilingual Translation Dictionary

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"costing." Definitions.net. STANDS4 LLC, 2024. Web. 20 Apr. 2024. <https://www.definitions.net/definition/costing>.

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