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Costing is any system for assigning costs to an element of a business. Costing is typically used to develop costs for any or all of the following: Customers. System of computing cost of production or of running a business, by allocating expenditure to various stages of production or to different operations of a firm. job costing. Popular 'Accounting & Auditing' Terms. Costing definition: A costing is an estimate of all the costs involved in a project or a business venture. | Meaning, pronunciation, translations and examples.

costing definition: a calculation of the future cost of something such as a possible product. Learn more. Synonyms for costing at with free online thesaurus, antonyms, and definitions. Find descriptive alternatives for costing. Costing Methods. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video. Loading University of.

Cost accounting is the process of recording, classifying, analyzing, summarizing, and allocating . Main article: Activity-based costing · Activity-based costing ( ABC) is a system for assigning costs to products based on the activities they require. The full costing technique is a managerial accounting method that describes when all fixed and variable costs are used to compute the total cost per unit. Definition of costing - the proposed or estimated cost of producing or undertaking something. 8 May Product costing is a methodology associated with managerial accounting, i.e., accounting intended to serve management in an operational. 10 Nov Focusing on syllabus area G3c): evaluate the following strategic options using marginal and relevant costing techniques.


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