cost record

Activity-based costing records the costs that traditional cost accounting does not do.

The movie was very popular but because of its high cost recorded a loss of $193,000.

The production, to be directed by Warner Shook, would set the Broadway cost record for a straight play.

It is important to develop budgetary control techniques and costing records within the company to clearly identify where profit is being made on development.

The simplest form of cost system merely amounts to an analysis or separate cost record for each individual contract or development project.

So, the more capacity that can be permitted at each dump, the less depreciation and other costs recorded per ton, lifting reported profits.

Costs recorded in the Income Statement are based on the historical cost of items sold or used, rather than their replacement costs.

This report should be in part a cost recording device, as well as a cost forecasting device and thus a powerful management aid.

To the extent that job cost records are intended to assist in the calculation of real profit margins these rates, excluding profits, are normally used.

Provided coding can be accurately and quickly undertaken cost records can be continuously and rapidly updated.

Bryce has been an outspoken critic of the troubled V-22 tiltrotor, or Osprey, for its safety and cost record.

But the GAO reviews' most important finding was that nobody really audits the cost records of these telcos for, well, costs.

It recommends the Cost Accounting Standards to be followed by companies in India to witch statutory maintenance of cost records applicable.

Accuracy is of course particularly important when a builder is engaged in small works and uses the cost records to prepare the final account and sales invoice for the client.

(b) Surveyors and management can have easy and direct access to analysed monthly costs recorded in a cost ledger as a single line entry for each contract every month.

The accommodation for a one-time appraisal to establish initial carrying amounts for US GAAP does not apply unless reliable historical cost records have never been maintained.

Equally, it is vital that job cost records are posted on a daily basis and job cost reports are provided at least once a month to responsible professional staff and partners.

Unlike government owned enterprises in certain countries, PRC government-owned enterprises generally maintain historical cost records for property, plant and equipment, although government policy rather than market forces may have determined those costs.

If neither fair value is determinable, the cost of the PP&E acquired is the cost recorded for the PP&E surrendered net of any accumulated depreciation or amortization.

Decisions on change were not based on whim or fancy but were the result of keen study of the meticulous costing records which were always a prominent feature of management at Cessford.

A control (or total) account of all costs arising for a defined period (day, week or month) can be reconciled with the postings to the individual cost records for each project to ensure that the figures are balanced.

Ideally, these reports show costs recorded to date under analytical headings, progress compared with estimates of percentage completion to date, and details of billings, expense recoveries, credit notes, disputes and other relevant commentaries.

In order to appreciate the reasons why cost records may be inaccurate at any given point in time and therefore will need adjustment before any cost value reconciliation can take place, it will be useful to examine the thinking behind a typical cost system.

That civil inquiry, which has been under way for several years, has resulted in the Government's obtaining the cost records for at least 50 Columbia facilities, which are now being used as part of the criminal inquiry, people with knowledge of the case said.

"I've spent most of the last dozen years of my life putting this together and I'm extremely proud of our safety record, our liability record, our cost record," said Mr. McCulley, a former Navy pilot who commanded the shuttle Atlantis in 1989.