actual cost

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Costs determined on the basis of historical data and not upon estimated increases in costs or averages
The real cost associated with purchasing materials and services, and paying internal personnel A standard cost system tracks actual usage, as defined by hours or units consumed, based on a standard value, to calculate and track variances versus the standard hours or units; an actual cost system (often used in to-order environments) attempts to assign the true cost of every purchase, material issue and labor activity to jobs and products actual cost of work performed (ACWP)- A project cost measurement that tracks the actual costs associated with tasks performed in a given time frame and compares them to budget costs to track rate variances
Total costs incurred that must relate to whatever cost was budgeted within the planned value and earned value (which can sometimes be direct labor hours alone, or all costs including indirect costs) in accomplishing work during a given time period See also Earned Value
The cost actually incurred
(Ticaret) The real cost associated with purchasing materials and services, and paying internal personnel. A standard cost system tracks actual usage, as defined by hours or units consumed, based on a standard value, to calculate and track variances versus the standard hours or units; an actual cost system (often used in to-order environments) attempts to assign the true cost of every purchase, material issue and labor activity to jobs and products
An acceptable approximation of the true cost of producing a part, product, or group of parts or products, including all labor and material costs and a reasonable allocation of overhead charges Actual costs are those labor and material costs that are charged against a job as moves through the production process [APIC]
The cumulative actual cost incurred on the project to date

المصطلحات ذات الصلة

actual cost of work performed
(Ticaret) (ACWP) A project cost measurement that tracks the actual costs associated with tasks performed in a given time frame and compares them to budget costs to track rate variances
actual cost

    الواصلة

    ac·tu·al cost

    التركية النطق

    äkşıl kôst

    النطق

    /ˈaksʜəl ˈkôst/ /ˈækʃəl ˈkɔːst/
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