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  1. Costing definition — AccountingTools

    Jun 2, 2025 · Costing is any system for assigning costs to an element of a business. It is used to develop costs for products, customers, employees, and so forth.

  2. What Is Costing? Common Types and How They Are Used - Indeed

    Dec 15, 2025 · What is costing? Costing, or cost accounting, is a system for determining a company's cost of production. This type of accounting looks at both variable and fixed costs …

  3. What Is Costing? | Definition, Objectives and Advantages

    Feb 27, 2023 · That is to say, costing involves analyzing the expenditure incurred in manufacturing an item or rendering a service. This enables an organization's managers to …

  4. COSTING | definition in the Cambridge English Dictionary

    COSTING meaning: 1. a calculation of the future cost of something such as a possible product: 2. a calculation of…. Learn more.

  5. What Is Cost Accounting? It’s Cost Control - FreshBooks

    Feb 24, 2025 · Cost accounting is a process of recording, analyzing and reporting all of a company’s costs (both variable and fixed) related to the production of a product. This is so that …

  6. Costing Definition & Meaning | Britannica Dictionary

    COSTING meaning: 1 : the process of determining how much money will be needed to pay for something; 2 : a plan or an estimate of how much money something will cost

  7. Cost Accounting: Definition and Types With Examples

    Feb 27, 2025 · Cost accounting is a type of managerial accounting that businesses use to capture and analyze the total costs associated with producing goods or providing services. It tracks …

  8. COSTING Definition & Meaning - Merriam-Webster

    The meaning of COST is the amount or equivalent paid or charged for something : price. How to use cost in a sentence.

  9. What is Cost Accounting? Definitions and Key Concepts Explained

    Jan 5, 2024 · Costing is like being a financial detective. It’s the art and science of figuring out exactly how much it costs to make a product or provide a service. Think of it as answering the …

  10. COSTING definition in American English | Collins English Dictionary

    A costing is an estimate of all the costs involved in a project or a business venture.