Costing

1. Cost and management accounting.

The process of determining the cost of products or services.

Such costings may then be used, in turn, to plan selling prices or other management decisions.

2.

Proposed or estimated costs or prices for a product, service or activity.

See also

• Absorption costing
• Accounts
• Activity-based costing
• Budget
• CertICM
• Corporate financial management
• Cost centre
• Direct costs
• Financial reporting
• Fixed cost
• Indirect costs
• Job costing
• Forecast
• Management accounting
• Process costing
• Profit centre
• Variable cost