manufacturing cost

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• Manufacturing cost — is the sum of costs of all resources consumed in the process of making a product. The manufacturing cost is classified into three categories: direct materials cost, direct labor cost and manufacturing overhead[1]. Contents 1 Direct materials cost …   Wikipedia

• manufacturing cost of finished goods — See: cost of goods manufactured …   Accounting dictionary

• manufacturing cost of finished goods — See cost of goods manufactured …   Big dictionary of business and management

• Manufacturing Readiness Level — ( MRL ) is a measure used by some United States government agencies and many of the world s major companies (and agencies) to assess the maturity of manufacturing readiness serving the same purpose as Technology Readiness Levels serve for… …   Wikipedia

• manufacturing account — manufacturing statement An accounting statement forming part of the internal final accounts of a manufacturing organization; for a particular period, it is constructed to show, inter alia, prime cost of production, manufacturing overhead, total… …   Accounting dictionary

• cost of goods manufactured — manufacturing cost of finished goods The total production cost of the finished goods transferred from the production facility of an organization during an accounting period. It is made up of the total expenditure for the period on direct… …   Accounting dictionary

• Cost of poor quality — (COPQ) or poor quality costs (PQC), are defined as costs that would disappear if systems, processes, and products were perfect. COPQ was popularized by IBM quality expert H. James Harrington in his 1987 book Poor Quality Costs.[1] COPQ is a… …   Wikipedia

• cost-plus — ˌcost ˈplus adjective COMMERCE MANUFACTURING cost plus product/​price/​basis etc if something is made or done on a cost plus basis, it is made or done at an agreed price plus an extra amount. This is done when the cost of making a product etc is… …   Financial and business terms

• cost of goods manufactured — manufacturing cost of finished goods The total production cost of the finished goods transferred from the production facility of an organization during an accounting period. It is made up of the total expenditure for the period on direct… …   Big dictionary of business and management

• Cost — This article is about the economic concept. For the scientific organization, see COST. For uses of The Cost , see The Cost (disambiguation). Expenditure redirects here. For personal consumption expenditure, see Consumption (economics). In… …   Wikipedia

• Manufacturing resource planning — (or MRP2) Around 1980, over frequent changes in sales forecasts, entailing continual readjustments in production, as well as the unsuitability of the parameters fixed by the system, led MRP (Material Requirement Planning) to evolve into a new… …   Wikipedia