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 discrepancy between actual costs and bills has been termed "waived cost" by the RSB.
In this, nearly 86 per cent of the actual cost of water and electricity is waived, the official said.
Because support, schedule, and engineering cost changes represent events that have or will result in actual cost variances, we place them under actual cost growth.
Also available to the group is the cost report, which identifies by specific patient actual costs during the same time period.
The change does not affect people who are self-employed, who can continue to claim relief on the actual costs of running a car.
Shares acquired due to reinvestment are added to the short-term category at actual cost.
The study concluded that the actual cost of the Medicare program exceeded the demo rate by approximately $20 per day.
However, research** into the actual cost of holidaying in each country revealed that, whilst Switzerland and Denmark were indeed in the top five (taking second and third spots), the priciest hotspot was actually France.
About actual cost of poultry units, the official informed that the actual cost of such units in open market was nearly Rs 2200.
Actual cost or percentage of the actual cost (There is an actual cost to be borne by one or few units)
Subsequent to that decision, the IRS began considering circumstances specific to automobile dealers, such as industry practice, the use of replacement cost required by third parties, the administrative burden of switching to actual cost and the close correlation to replacement cost and actual cost in this industry.
Detailed engineering approach from Actual Cost Records.