joint costing

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Definition of joint costing in English English dictionary

joint cost
Costs incurred for a joint purpose benefiting more than one cost objective
joint cost
Cost of a single process that yields multiple products simultaneously
joint cost
The cost incurred in a joint production process before the joint products become identifiable as separate products
joint cost
A common cost in cases where a company produces products in fixed proportions and the cost the company incurs to produce one product entails producing another; the backhaul is an example joint rate - A rate over a route that requires two or more carriers to transport the shipment just-in-time (JIT) inventory system - An inventory control system that attempts to reduce inventory levels by coordinating demand and supply to the point where the desired item arrives just in time for use Back to Top
joint costing

    Hyphenation

    joint cost·ing

    Turkish pronunciation

    coynt kôstîng

    Pronunciation

    /ˈʤoint ˈkôstəɴɢ/ /ˈʤɔɪnt ˈkɔːstɪŋ/
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