cost

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cost

(Expenses), noun business expense, charge, expenditure, legal expense, money expended, obligation incurred, outgo, outlay, overhead, payment, running expense
Associated concepts: awarding costs, bill of costs, costs and disbursements

cost

(Penalty), noun amercement, bereavement, damages, fine, forfeiture, harm, impairment, injury, loss, penal retribution, penalization, penance, privation, punishment, sacrifice, unfortunate consequence
Associated concepts: court costs, treble costs

cost

(Price), noun appraisal, asking price, assessment, carrying charge, charge, consideration, expensiveness, face value, high worth, impensa, mark up, marked price, purrhase price, quotation, quoted price, reckoning, sum asked for, valuation, value
Associated concepts: accrued costs, actual cost, all costs, cost basis, cost of administration, cost of doing business, cost of materials, cost of repair, cost of replacement, cost-plus contract, costs and expenses, costs of suit, fixed costs, full costs, legal costs, legitimate cost, marginal cost, operating costs, sheriff's costs, total cost, wholesale cost
See also: bill, charge, detriment, expenditure, fee, forfeiture, invoice, loss, maintenance, outlay, overhead, penalty, price, rate, rent, toll, upkeep, value, worth
References in periodicals archive ?
Many castings require coremaking, machining or heat treatment, however, and it is the software's requirement to handle the various scenarios that are presented in each individual costing of a casting, rather than applying the costs across the board.
The costing software also must handle the regular foundry practice of surcharging across the board.
The goal of costing software is to instill confidence in foundry quotes and to help a foundry decide whether it should take a new job or keep current jobs.
The modifications and adaptations in costing software a foundry requires can be performed on many of the existing systems (foundry specific and otherwise) that exist today.
Yet, the traditional emphasis on hourly rates as the key cost factor does diminish somewhat under the new costing scheme.
When applied with common sense and a basic understanding of the business, process value analysis (PVA) is the foundation for other cost analysis tools, including activity based product costing. PVA is the most powerful analysis method financial managers can use to analyze a company's cost structure.
By using the following step-by-step approach, financial managers can understand their companies' detailed manufacturing and costing procedures.
FMN: Let's go on to discuss product costing and performance measurement and their application.
Activity-based costing looks at activities identified through PVA and determines the resources required to do each of those activities.
GIENGER: Typically, companies begin with either activity-based costing or process value analysis.