batch costing


batch costing
A form of costing in which the unit costs are expressed on the basis of a batch produced. This is particularly appropriate where the cost per unit of production would result in an infinitesimal unit cost and where homogeneous units of production can conveniently be collected together to form discrete batches. See batch production

Big dictionary of business and management. 2014.

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  • batch costing — ➔ costing * * * batch costing UK US noun [U] ► ACCOUNTING, PRODUCTION the fact of stating the price of a product as based on the cost of producing a batch of the product, rather than on the cost of producing a single item: »Batch costing is… …   Financial and business terms

  • batch costing — A form of costing in which the unit costs are expressed on the basis of a batch produced. This is particularly appropriate where the cost per unit of production would result in an infinitesimal unit cost and where homogeneous units of production… …   Accounting dictionary

  • batch costing — /ˈbætʃ kɒstɪŋ/ (say bach kosting) noun Commerce a form of job costing in which a convenient unit or quantity of production is treated as a batch or job …   Australian English dictionary

  • Калькуляция себестоимости партионная (BATCH COSTING)  — Метод калькуляции себестоимости, согласно которому затраты накапливаются в разрезе партий произведенных продуктов или выпусков. Обычно применяется в нефтяной и химической промышленности. Затраты включаются в определенное количество материалов по… …   Словарь терминов по управленческому учету

  • costing — cost‧ing [ˈkɒstɪŋ ǁ ˈkɒːst ] noun [countable, uncountable] ACCOUNTING the process of calculating the cost of a future activity or product, or the calculation itself: • Railtrack originally said the scheme would cost £100 million, but last year… …   Financial and business terms

  • batch production — A manufacturing process in which medium to high volumes of similar items are made in batches, rather than continuously, with the product moving from process to process in batches. The key to batch production is the careful scheduling of work to… …   Big dictionary of business and management

  • job costing — ➔ costing * * * job costing UK US noun [C or U] ► ACCOUNTING, PRODUCTION the process of calculating how much each product or service will cost a business to make or provide, or the calculation itself: »This latest job costing software allows you… …   Financial and business terms

  • Process costing — is an accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process. Costs are assigned to products, usually in a large batch, which might include an entire month s production. Eventually …   Wikipedia

  • job order costing — UK US noun [U] ► PRODUCTION the calculation of the costs for materials and labour relating to the production of a quantity of goods or of a service: »A job order costing system traces the costs of a specific order or batch of products …   Financial and business terms

  • activity — In activity based costing systems, any operation performed within an organization that causes costs to be incurred. Examples of activities therefore include processing an order, writing a letter, designing a product, and visiting a customer. The… …   Accounting dictionary