What does Process Costing mean?
A costing method used by companies that produce large quantities of identical items through a continuous process.
A beverage manufacturer uses process costing because the product is homogeneous and produced in a continuous flow.
Process Costing in German, French, Spanish and Italian
GermanDivisionskalkulation
also Prozesskostenrechnung
Wird in der Chemie-, Lebensmittel- oder Ölindustrie eingesetzt.
FrenchComptabilité par processus
also Calcul des coûts par processus
Les coûts sont accumulés par département de production.
SpanishCosteo por procesos
Los costos se asignan a procesos o centros de costos en lugar de trabajos individuales.
ItalianContabilità per processo
Adatto per prodotti omogenei realizzati in flussi continui.
Common phrases with Process Costing
- system process costing
- department process costing
- units process costing
- equivalent process costing