Engineered Costs

  • 1 Posts
  • 1 Sections
  • 1 Types
Definitions
Engineered Costs
Engineered Costs Synthetic Costs Standard Costing Budgeting Planning Estimated Unit Costs Labour Costing
Engineered costs involve calculating expected expenditures for a production process by constructing synthetic costs based on detailed analysis and logical considerations. This method is often used in standard costing, budgeting, and planning where estimated unit costs are necessary before production.
Read more about Engineered Costs.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.