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job-order costing

[ job-awr-der ]
/ ˈdʒɒbˌɔr dər /
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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.
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Also called job costing.
Compare process costing.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

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