job-order costing

[ job-awr-der ]
/ ˈdʒɒbˌɔr dər /

noun

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