Process-costing
noun, Accounting.
1.
a method of assigning costs to production processes where products must of necessity be produced in one continuous process, with unit cost arrived at by averaging units produced to the total cost of the process.
Read Also:
- Process data
data processing
- Process design language 2
language (PDL2) A language developed for the Texas Instruments ASC computer. [“Texas Instruments Process Design Methodology – Design Specification: Process Design Language”, Volume I (Sep 1976)]. [Mentioned in “An Overview of Ada” J.G.P. Barnes, Soft Prac & Exp 10:851-887 (1980)]. (1995-08-13)
- Processed
noun, plural processes [pros-es-iz, ‐uh-siz, ‐uh-seez or, esp. British, proh-ses-iz, proh-suh-seez] /ˈprɒs ɛs ɪz, ‐ə sɪz, ‐əˌsiz or, esp. British, ˈproʊ sɛs ɪz, ˈproʊ sə siz/ (Show IPA) 1. a systematic series of actions directed to some end: to devise a process for homogenizing milk. 2. a continuous action, operation, or series of changes taking […]
- Processed-cheese
or process cheese noun 1. a mass-produced product made of one or more types of cheeses that have been heated and mixed with emulsifiers, colorings, flavorings, etc., primarily to retard spoilage and enhance spreadability at reduced cost.
- Process engineering
noun 1. the branch of engineering concerned with industrial processes, esp continuous ones, such as the production of petrochemicals