BATCH COSTING Definition

Bookmark and Share

BATCH COSTING is the identification and assignment of those costs incurred in completing the manufacture of a specified batch of components. Having arrived at the batch cost, the unit cost is simply derived by dividing it by the number of components in the batch.

Learn new Accounting Terms

INTEREST INCOME - NON-OPERATING is interest income generated from non-operating investment securities such as certificates of deposit or bonds for non-financial service companies.

INVOICE, CONSULAR is an invoice stamped or endorsed by the consulate of the country requiring such.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.