actual cost


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actual cost

[′ak·chə·wəl ′kȯst]
(industrial engineering)
Cost determined by an allocation of cost factors recorded during production.
References in periodicals archive ?
The point is that under the actual cost method, the deductible depreciation expense is limited to the adjusted basis of the vehicle.
For example, if the insurer calculates the value of a particular claim based upon the lower "actual cost" of the medical treatment for a pre-amendment accident, the injured plaintiff may point to any resulting settlement offer as evidence of the insurer's vexatious conduct in light of the significantly higher amount billed for the medical services received.
#Combined with $1,200 match = actual cost of $1,400
'Many people didn't believe the cost then, but alas, the actual cost is at RM32 billion after we found a letter dated March 2018 by Prasarana (requesting for additional funding),' he said.
The government would either provide Rs 225,000 per acre or 50 per cent of the total actual cost to encourage tunnel farming that enables farmers grow off-season vegetables that can fetch premium price.
--AC (ACWP)--actual cost (actual cost of works performed), that is the actual cost of works performed at verification time,
"In addition to the actual cost of credit, APR is heavily influenced by the term of the loan as well as any collection charge included.
21, Worcester Superior Court Judge David Ricciardone ruled that the town was entitled to buy the water company using a formula established in a 1984 case, which had pitted the town against the water company, to determine "actual cost.''
CNEN argued the council had failed to have due regard to the "actual cost" per resident of providing care when reaching its decision.
The body said that it is unfair that actual cost escalated to many times higher than its actual cost however, they will not let it go and this case will be thoroughly investigated.
Cost of the Basket of Health Services 1995-2011 in NIS billions NIS billions 1995 1996 1997 1998 1999 2000 2001 Actual cost at current prices 12.24 13.86 15.36 16.61 18.01 19.27 20.27 Actual payments of households 12.24 13.86 17.16 18.81 21.21 22.77 24.47 beyond health tax Fully indexed cost 12.24 14.72 16.87 18.73 20.74 22.96 24.35 NIS billions 2002 2003 2004 2005 2006 2007 2008 Actual cost at current prices 21.12 21.14 22.01 22.77 24.04 24.95 26.58 Actual payments of households 25.82 26.44 27.81 28.87 30.74 32.35 34.48 beyond health tax Fully indexed cost 26.27 27.15 28.94 31.15 33.15 35.02 37.52 NIS billions 2009 2010 2011 Actual cost at current prices 28.14 30.33 32.59 Actual payments of households 36.54 39.23 J.N beyond health tax Fully indexed cost 40.95 44.41 48.83 Note: 1.
"Our experience so far is that the actual cost is working out higher than anticipated.