job-order costing

[ job-awr-der ]
/ ˈdʒɒbˌɔr dər /


a method of cost accounting by which the total cost of a given unit or quantity is determined by computing the costs that go into making a product as it moves through the manufacturing process.
Also called job costing.

Definition for job costing (2 of 2)

job costing

noun Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019