costing Synonyms
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costing Meaning
Wordnet
costing (n)
cost accounting
costing Sentence Examples
- The project manager tasked with costing the construction project estimated a total budget of $1.5 million.
- Costing the production of a new product involves analyzing various factors such as materials, labor, and overhead expenses.
- Accurate costing is essential for businesses to determine the profitability of their products and services.
- The accounting department is responsible for costing each component of the manufacturing process.
- Costing errors can lead to financial losses and impact the competitiveness of a company.
- Costing methods vary depending on the industry and the complexity of the product or service being evaluated.
- The management team convened to review the costing analysis before finalizing the budget for the upcoming fiscal year.
- Implementing a standardized costing system can streamline financial reporting and decision-making processes.
- Costing software can help automate the calculation of expenses and provide real-time insights into cost structures.
- Continuous monitoring and updating of costing data are necessary to adapt to changing market conditions and business dynamics.
FAQs About the word costing
cost accounting
bringing,fetching, totaling, selling (for), going (for), demanding,running,totalling, amounting (to), exacting
No antonyms found.
The project manager tasked with costing the construction project estimated a total budget of $1.5 million.
Costing the production of a new product involves analyzing various factors such as materials, labor, and overhead expenses.
Accurate costing is essential for businesses to determine the profitability of their products and services.
The accounting department is responsible for costing each component of the manufacturing process.
