PRODUCT COST


Meaning of PRODUCT COST in English

refers to the total production cost incurred during some particular period and reported to the income statement as cost of goods sold

Note: normally consist of of raw materials, labor, and manufacturing overhead

see also income statement

Sean Woo's Finance, GIS and real estate English glossary.      Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance.