costing
Determining the price
Costing is the process of calculating or estimating how much something will cost.
In business, it refers to determining expenses for production, projects, or operations: The costing for the new product line took weeks.
A costing is also the resulting estimate itself: We need accurate costings before submitting the bid.
Mathematical problem-solving process
- approximationNear but inexact value
- assessmentFormal evaluation of worth
- quantificationExpressing something numerically
- measurementDetermining size or amount
quote · quotation · estimate · pricing · ballpark · preliminary · parametric · bottom-up
Distribution of shares
- forecastingEstimating future conditions
- planningArranging for future events
- expenditureMoney paid out
- projectionSomething that extends outward
cashflow · variance · departmental · operational · annual · quarterly · break-even
Money paid for something
- expenditureMoney paid out
- chargeCost or accusation
- feePayment for service
- out-of-pocketPaid from personal funds
Located directly above
- activity-basedOrganized around doing things
- throughputProcessing rate over time
- work-in-progressIncomplete but active endeavor
Estimation of worth
- assessmentFormal evaluation of worth
- worthDegree of importance
- depreciationAsset value reduction over time
- amortizationGradual debt reduction schedule
calculation
Mathematical problem-solving process
- approximationNear but inexact value
- assessmentFormal evaluation of worth
- quantificationExpressing something numerically
measurement · quote · quotation · estimate · pricing · ballpark · preliminary · parametric · bottom-up · top-down
allocation
Distribution of shares
- forecastingEstimating future conditions
- planningArranging for future events
- expenditureMoney paid out
projection · cashflow · variance · departmental · operational · annual · quarterly · break-even
outlay
Money paid for something
- expenditureMoney paid out
- chargeCost or accusation
- feePayment for service
overhead
Located directly above
- activity-basedOrganized around doing things
- throughputProcessing rate over time
- work-in-progressIncomplete but active endeavor
appraisal
Estimation of worth
- assessmentFormal evaluation of worth
- worthDegree of importance
- depreciationAsset value reduction over time
amortization · FIFO · LIFO
markup
Added percentage for profit
- marginEdge of a page
- profitabilityCapacity to generate gain
- fashion industryfashion, fashion design, fashion designers, fashion shows, fashion week
- valuingvaluing, appreciating, cherishing, treasuring, prizing
- assessmentsassessments, evaluation, evaluations, test, tests
- bookkeepingledger, general ledger, accounts, ledgers, journal entry
- garment makingsewing, stitching, hemming, tailoring, dressmaking
costingfree
Without payment or restriction
complimentary · gratis · no charge · costless · on the house
- job costingExpense allocation by assignment
- costing the earthExtremely expensive
cost, costs, costly, accost, costed, low-cost, costliness, cost-effective, cost-effectiveness