PROCESS COSTING


Meaning of PROCESS COSTING in English

Accounting.

a method of assigning costs to production processes where products must of necessity be produced in one continuous process, with unit cost arrived at by averaging units produced to the total cost of the process. Cf. job-order costing .

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .