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product cost

The amount it takes to produce or manufacture goods or services. An example would be the materials to produce a doll.

Related information about product cost:
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    Product cost vs period cost. Definition, explanation and examples of product cost and period cost. Difference between product cost and period cost.
  2. What is product cost? - Questions & Answers - AccountingTools
    Sep 28, 2010 ... Product cost is the cost of direct labor, direct materials, and manufacturing overhead that are consumed to create a product. Product cost can ...
  3. Product Cost
    Product Costs. Accountants prepare product costs to serve two purposes: Decision making by managers, and external reporting. Decision making product costs ...
  4. Product cost management - Wikipedia, the free encyclopedia
    Product Cost Management is a set of tools, processes, methods, and culture used by firms who develop and manufacture products to ensure that a product ...
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    How do I compute the product cost per unit? What are conversion costs? What is variance analysis? the accounting coach. About the Author: Harold Averkamp ...
  6. What is product cost? definition and meaning
    Definition of product cost: The sum of all costs associated with the production of a specific quantity of a good or service.
  7. Product cost calculations
    “In fact there is no single correct (product) cost figure” (Walker 1999). Product costs are always calculated from the financial transaction data of the cost centers of ...
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    Reduce Your Product Costs with aPriori; get real-time product cost assessments throughout the entire development and production proces.