What does Costing mean?

Definitions for Costing
cost·ing

This dictionary definitions page includes all the possible meanings, example usage and translations of the word Costing.

Princeton's WordNet

  1. costingnoun

    cost accounting

Wiktionary

  1. costingnoun

    The estimation of the cost of a process or product.

Wikipedia

  1. costing

    Cost accounting is defined as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. It includes methods for recognizing, classifying, allocating, aggregating and reporting such costs and comparing them with standard costs." (IMA) Often considered a subset of managerial accounting, its end goal is to advise the management on how to optimize business practices and processes based on cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future.Cost accounting information is also commonly used in financial accounting, but its primary function is for use by managers to facilitate their decision-making.

ChatGPT

  1. costing

    Costing is a system or method of calculating and determining the total cost of producing a product or providing a service. This includes the cost of raw materials, labor, overheads, and any other direct or indirect expenses. Costing helps in price determination, budget planning, cost control, and financial analysis and is a key aspect of accounting, finance, and economics in a business operation.

Webster Dictionary

  1. Costing

    of Cost

Editors Contribution

  1. costing

    The cost of a process, commodities, goods, products or services.

    The business costing was easily created and provided financial information that the business needed to move forward.


    Submitted by MaryC on March 13, 2020  


  2. costingverb

    Verb form of the word cost.

    The costing was accurate, specific and thorough.


    Submitted by MaryC on May 2, 2020  

Matched Categories

British National Corpus

  1. Written Corpus Frequency

    Rank popularity for the word 'Costing' in Written Corpus Frequency: #4244

Usage in printed sourcesFrom: 

Anagrams for Costing »

  1. gnostic

  2. Gnostic

  3. contigs

How to pronounce Costing?

How to say Costing in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of Costing in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of Costing in Pythagorean Numerology is: 6

Examples of Costing in a Sentence

  1. Heidi Hiller:

    It is affecting us big time, we're well aware that people are coming in and asking us to design and produce an event that is within weeks of their request, but the product is not moving quickly. So that's causing rush shipping charges, and rush everything charges, on top of the product already costing a little bit more.

  2. Yehia Rashed:

    We are not doing new things what we are doing is stimulation programs. Taking from the current funding and putting it into where our bread and butter is, we don't have the figures of the total cost of this. We are currently working on the costing.

  3. The Economic Policy Institute:

    The total annual wage theft from front-line workers in low-wage industries in the three cities approached $3 billion, if these findings in New York, Chicago, and Los Angeles are generalizable to the rest of the U.S. low-wage workforce of 30 million, wage theft is costing workers more than $50 billion a year.

  4. Assemblyman Rocky Chvez:

    The real problem is that it takes 5.7 years to get a college degree, which is costing students additional money, the change should be to ensure that students graduate in four years. The bottom line is that we ca n’t throw money into a system that needs to be revamped.

  5. Rob Watts:

    Once aircraft get grounded, and you start to go into that spiral, that's really hard to get out of, you have a proportion of your fleet that's not generating revenue but is still costing you money, so the more aircraft you lose, your revenue falls but your cost doesn't fall in the same manner.

Popularity rank by frequency of use

Costing#10000#15237#100000

Translations for Costing

From our Multilingual Translation Dictionary

Get even more translations for Costing »

Translation

Find a translation for the Costing definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"Costing." Definitions.net. STANDS4 LLC, 2024. Web. 20 Nov. 2024. <https://www.definitions.net/definition/Costing>.

Discuss these Costing definitions with the community:

0 Comments

    Are we missing a good definition for Costing? Don't keep it to yourself...

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Quiz

    Are you a words master?

    »
    pleasing in appearance especially by reason of conformity to ideals of form and proportion
    A handsome
    B opaque
    C busy
    D blistering

    Nearby & related entries:

    Alternative searches for Costing: