process cost system
Definition
A method of evaluating inventory based on the price of manufacturing a product or service. This system factors in manufacturing direct and indirect costs.
Related Articles
- Overview of Online Banking and Related Issues *
- Common Stock Strategies - Part 2 *
- Getting Started with Investments and Financial Planning *
- A Safe Retirement - Custodians, Rollovers, and IRAs *
- Steps to Take to Improve your Credit *
- Are student loans a good idea? *
- Common Financial Instruments of Forex *
- Keoghs and Their Distribution Options *
Related Videos
http://www.businessdictionary.com/definition/process-cost-system.html
