costing
1
3.8
- noun
- /ˈkɔstɪŋ/
- Specialized
:
costeo
- When it comes to project costing and particularly operational costs, the monetary costs due to inaccuracy rarely are considered.
- activity-based costing
- costing algorithms
- costing model
Examples
-
In this instance, regardless of the costing method used, it will place a money value of $7 on each Widget 1.
Academic text (1996) -
Previous costing exercises have covered smaller sets of medicines, focusing on a single therapeutic group or disease group.
Academic text (2016) -
That way when it came back through the job costing, we could change that factor again.
-
Very specific costing to measure effectiveness can be difficult, but not impossible, to provide.
Academic text (2014) -
"Very few firms have a costing system that allows them to measure the profitability of their matters.
Academic text (1998) -
For instance, the data captured in an REA model can be used to support an Activity-Based Costing application.
Academic text (2003) -
There was apparently considerable variation in the costing of mats by the committees (New Zealand 1928: xxxiii, 268).
Academic text (1991) -
The manager explained that accurate costing is essential for budgeting and resource allocation.
-
During the meeting, we discussed the costing process for the new project to ensure we stay on budget.
-
Understanding the costing of each component helps in making informed financial decisions in business.
Synonyms
2
3.7
A careful study of the separate costs of a project to find savings
1
5.1
A way for a company to record and study how much money it spends to make and sell products
How Detailed
- Specialized
1
5.1
- Specialized
2
3.7
- Specialized
1
3.8
133
2.8
Surface Forms
Morphology
Etymology
Costing comes from the simple word cost ('price'), which long ago was linked to ideas of something that 'stands' or is fixed, like a set price. So costing is the process of working out or estimating that price for a product, project, or service.