actual cost

English - Turkish

Definition of actual cost in English Turkish dictionary

(Bilgisayar) gerçekleşen maliyet

gerçek maliyet

üretim maliyeti

English - English

Definition of actual cost in English English dictionary

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

Related Terms

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

Hyphenation

ac·tu·al cost

Turkish pronunciation

äkşıl kôst

Pronunciation

/ˈaksʜəl ˈkôst/ /ˈækʃəl ˈkɔːst/