The net cost represents the actual economic loss from the purchase. When a business acquires a piece of equipment, the initial sales price, shipping and taxes represent the gross cost. Eventually, if the company sells the equipment for salvage, the gross cost is reduced by the salvage value to compute the net cost, notes Bragg.
Get PriceCost of Facilities Capital CFC Cost of Facilities Capital CFC, which is not the same as interest charges, addresses the cost of money invested, whether the machinery is purchased with cash or financed. CFC is calculated by the following formula N-1 x 1S 2 x CMR 2 x N CFC factor CFC factor x PAH Hourly CFC Cost. Where.
Wholesale acquisition cost WACis the list price paid by a wholesaler, distributor and other direct accounts for drugs purchased from the wholesalers supplier. Generally, it is the price put by the manufacturer of drug before any rebates, discounts, allowances or other price concessions are offered by the supplier of the product.
Definition of cost-effective in the Definitions.net dictionary. Meaning of cost-effective. What does cost-effective mean Information and translations of cost-effective in the most comprehensive dictionary definitions resource on the web.
Define Cost-Reimbursable Contractor. cost-reimbursable contractor. A person or company working as an independent contractor for a governmental agency, whose costs, including travel, are reimbursed by the contracting agency.
Cost Benefit Analysis. Cost Benefit Analysis is a financial method of evaluating the feasibility of a project or program by systematically summing its benefits and deducting its costs. It represents an advance over traditional forms of valuation in that it includes opportunity costs, cost of externalities and costs of intangible assets.
Cost Benefit Analysis is a financial method of evaluating the feasibility of a project or program by systematically summing its benefits and deducting its costs. It represents an advance over traditional forms of valuation in that it includes opportunity costs, cost of externalities and costs of intangible assets.
Contract, Cost-Plus-A-Fixed-Fee A cost-reimbursement type contract that provides for the payment of a fixed fee to the vendor. The fixed fee, once negotiated, does not vary with the actual cost but may be adjusted because of any subsequent changes in the scope of work or services to be performed under the contract.
Activity cost driver rate is calculated by dividing activity expenses by the total quantity of the activity cost driver e.g., machine set up expe.
Cost of cure is used as a measure of damages following breach of contract where one party has not completed the work satisfactorily. Constable building are claiming 378 523, the price of demolishing the badly built swimming pools and rebuilding them according to the agreed dimensions cost.
The cost-per-action CPA model is at the other end of the spectrum from the cost-per-impressions model CPM, with the cost-per-click CPC model somewhere in the middle. In a CPA model, the publisher is taking most of the advertising risk, as their commissions are dependant on good conversion rates from the advertisers creative units and .
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Definition of COST The cost of an article purchased for exportation is the price paid, with all Incidental charges paid at the place of exportation. Goodwin v. U. S., 2 The Law Dictionary Featuring Blacks Law Dictionary Free Online Legal Dictionary 2nd Ed.
Dictionary Cost-utility Analysis CUA A form of economic study design in which interventions which produce different consequences, in terms of both quantity and quality of life, are expressed as utilities. These are measures which comprise both length of life and subjective levels of well being. The best known utility measure is the .
also called traditional costing is a product costing system when an entity allocates factory overhead costs to a single cost pool e.g., factory overhead and then uses volume-based cost drivers to allocate factory overhead costs to individual products or services.The entity uses volume-based cost drivers that depend on the number of units manufactured.
Cost per impression CPI refers to the rate that an advertiser has agreed to pay per 1,000 views of a particular advertisement. A website that serves ads based on CPI doesnt need the user to click on the ad each appearance of the ad in front of a user counts as one impression. The advertiser agrees to pay the website a certain price for .
The term No-cost Loan is often used as marketing hype, but generally refers to a loan agreement where the lender is the one that pays for any fees, such as insurance, escrow services, title fees, appraisal fees, credit reports etc. It is promoted as a package where you simply get your loan and dont have to worry about the cost of anything else however it is often the case that rates are .
The opportunity cost of opening up the 7-11 is the money that he could have made opening up the bar. Example 2 A kid can either buy a new bike or an Xbox 360 gaming system. He chooses to buy the Xbox 360, so the opportunity cost of buying the 360 is the bike.
cost of capital The opportunity cost of an investment that is, the rate of return that a company would otherwise be able to earn at the same risk level as the investment that has been selected. For example, when an investor purchases stock in a company, heshe expects to see a return on that investment. Since the individual expects to get .
Definition The cost or cost-equivalent paid per click-through. Information The terms pay-per-click PPC and cost-per-click CPC are sometimes used interchangeably, sometimes as distinct terms. When used as distinct terms, PPC indicates payment based on click-throughs, while CPC indicates measurement of cost on a per-click basis for contracts not based on click-throughs. For example, consider .
COST SHIFTING. TheLaw.com Law Dictionary Blacks Law Dictionary 2nd Ed. When a court imposes or shifts the costs associated with legal compliance from one party to another. A good example of cost shifting occurs with electronic evidence and electronic discovery compliance. The general presumption under the Federal Rules of Civil Procedure is .
Opportunity cost is the value of something when a particular course of action is chosen. Simply put, the opportunity cost is what you must forgo in order to get something. The benefit or value that was given up can refer to decisions in your personal life, in a company, in the economy, in the environment, or on a governmental level.
Definition of Cost of Poor Quality COPQ Those costs that are generated as a result of producing defective material. This cost includes the cost involved in fulfilling the gap between the desired and actual productservice quality. It also includes the cost of lost opportunity due to the loss of resources used in rectifying the defect.
But, the opportunity cost is that output of goods falls from 22 to 18. Therefore, the opportunity cost of increasing consumption of services is the 4 goods foregone. At point D, the economy is inefficient. We can increase both goods and services without any opportunity cost. C is currently impossible. Examples of opportunity cost. The cost of war.
sunk-cost fallacy. When one makes a hopeless investment, one sometimes reasons I cant stop now, otherwise what Ive invested so far will be lost. This is true, of course, but irrelevant to whether one should continue to invest in the project. Everything one has invested is lost regardless.
It looks like cost-efficient is a tolerated synonym of a lesser status. As always, my starting place is The Oxford English Dictionary. There I find a reference to cost-effective in the entry for cost cost-effective adj. designating or pertaining to a project, etc., that is effective in terms of its cost.
Cost principle What is the cost principle The cost principle is an accounting principle that requires assets, liabilities, and equity investments to be recorded on financial records at their original cost. Process your expenses and manage your company assets.
Cost Model Definition of Cost Model In order to calculate the costs of providing service it is necessary to design and build a framework in which all costs can be recorded and allocated or apportioned to specific customers or other activities.
Cost per impression CPM is the measured of cost that one will pay when their ad is shown per one thousand impressions. CPM helps to determine other calculations for ads such as CPC cost per click and the CTR click-through rate. A digital advertiser will bid on the cost cost per one thousand impressions before the actual ad is shown .
Taking some action that will stop an identified cause of cash loss.
Definition of average cost Production cost per unit of output, computed by dividing the total of fixed costs and variable costs by the number of total units produced total output. ... Dictionary Dictionary Toggle navigation. Uh oh Youre not signed up. Sign Up Close navigation. Home Dictionary. Term of the Day Articles Subjects .