Our what is the meaning of machinery cost

Indirect Cost: Definition and Example | Office of ...


Dec 14, 2017· To facilitate preparation of an indirect cost proposal, shown below are (1) some definitions of the term "indirect costs," (2) a brief discussion of indirect cost rate structures and (3) a simple example of an indirect cost rate computation.

Heavy equipment - Wikipedia


Heavy equipment refers to ... costing strategy is to cost all repairs to the equipment and only frequently replaced wear items are excluded from the equipment cost.

Cost | Definition of Cost by Merriam-Webster


Cost definition is - the amount or equivalent paid or charged for something : price. How to use cost in a sentence. the amount or equivalent paid or charged for ...

Chapter 9: Asset Valuation (Equipment) - frazier …


Asset Valuation (Equipment) 198 nesses, the importance and definition of value to each of these disciplines is dif-ferent. Real estate values rarely have to explain installation costs, since land is

Capitalization and Depreciation of Property, Plant, …


Definition and Classification of Capital Costs The basis for accounting for property, plant, and equipment is cost on the date of the acquisition or

Predictive Maintenance: What is PdM? | Fiix


What is predictive maintenance? Definition. The aim of predictive maintenance (PdM) is first to predict when equipment failure might occur, and secondly, to prevent the occurrence of the failure by performing maintenance.

DEFINITIONS OF CONSTRUCTION - Census.gov


DEFINITIONS OF CONSTRUCTION Construction includes the following: ... Cost and installation of production machinery and equipment items …

1.2 Definition of Terms - OER Home Page | grants.nih.gov


Term Definition; Acquisition cost: The cost of the asset including the cost to ready the asset for its intended use. Acquisition cost for equipment, for example, means the net invoice price of the equipment, including the cost of any modifications, attachments, accessories, or auxiliary apparatus necessary to make it usable for the purpose for ...

Economics Chapter 9 Practice Flashcards | Quizlet


Start studying Economics Chapter 9 Practice. Learn vocabulary, ... Which is the definition of explicit costs? b) ... the amount of machinery and equipment, ...

3. CALCULATION OF MACHINE RATES - Home | Food …


CALCULATION OF MACHINE RATES. ... Figure 3.1 Equipment Cost Model. ... The salvage cost for the animal has the same definition as for a machine …

Capital Equipment Defined, Explained, Illustrated With ...


Capital equipment refers to long-lasting goods a firm acquires that are not ... Capital Equipment Definition, ... Have an acquisition cost above a certain ...

What is Acquisition Cost? definition and meaning


Definition of acquisition cost: The cost of equipment or property after adjustments for incentives, discounts, or closing costs, but before any sales tax.

Cost Approach | Machinery and Equipment Valuation


Cost Approach of Machinery and Equipment Valuation. Principle of Substitution . The general premise of the cost approach in machinery and equipment appraisals is the principle of substitution.

What is machine? definition and meaning ...


Definition of machine: ... fixed cost marginal cost Mentioned in These Terms. machine bureaucracy machine learning machine controlled time man ...

Construction Specification 8—Mobilization and


generated by an Adobe application. 1. Scope. The work consists of the mobilization and demobilization of the contractor's forces and equipment necessary for performing the work required under the contract.

Maintenance (technical) - Wikipedia


The technical meaning of maintenance involves functional checks, servicing, repairing or replacing of necessary devices, equipment, machinery, building infrastructure, and supporting utilities in industrial, business, governmental, and residential installations.

What is Running Cost? definition and meaning


Definition of running cost: Funds that are spent by a company for the purpose of managing the business and/or for operating machinery for use in the...

Cost Accounting: Cost Unit and Cost Center


Mar 25, 2010· While preparing cost accounts, it becomes necessary to select a unit with which expenditure may be identified. The quantity upon which cost can be conveniently allocated is known as a unit of cost or cost unit.

Downtime definition: equipment down time costs …


This is a management methodology for production management decision making based on the true down time costs. This method seeks to identify related cost centers for equipment downtime the maintenance process and the production planning.

Equipment Budgeting for New or Remodeled Buildings | …


Responsibility for Specialized Equipment. Specialized Equipment is the responsibility of the department using the equipment. Such equipment will be moved with a department when it is relocated.

Machinery - definition of machinery by The Free …


Define machinery. machinery synonyms, machinery pronunciation, machinery translation, English dictionary definition of machinery. n. pl. ma·chin·er·ies 1.

What is equipment? definition and meaning ...


Definition: Tangible property ... Click to read more about equipment. Dictionary Term of the Day Articles Subjects BusinessDictionary Business Dictionary ...

What Is Miscellaneous Production Cost? | Chron.com


Definition. Miscellaneous production costs are expenses a factory incurs that are indirectly related to the ... equipment depreciation ... Miscellaneous Production Cost.

Construction Equipment Operators : Occupational …


Construction equipment operators drive, maneuver, or control the heavy machinery used to construct roads, bridges, buildings, and other structures. Construction equipment operators work in nearly all weather conditions. They often get dirty, greasy, muddy, or dusty. The majority of operators work ...

Equipment Synonyms, Equipment Antonyms | …


The Bines what-not in the sitting-room was grimly orthodox in its equipment. All our stores and equipment were carried across in the boats. This equipment of the charioteer is shown on the bas-reliefs.

Mov Eqp Q&A : Movable Equipment : Cost Accounting …


What is the University's definition of movable equipment? The University's definition of movable equipment is an article of non-expendable, tangible, personal property which stands alone, is complete in itself, has a useful life of more than one yea

What does "at cost" mean? | Yahoo Answers


May 17, 2010· Best Answer: It means whatever the seller paid for it. For example if a grocery store buys milk from a farmer for $1, and then sells it to you for $1, they are selling the milk to you "at cost".

What are Non-controllable Costs? - Definition | Meaning ...


Definition: Non-controllable costs, ... What are Non-controllable Costs? ... The purchase of a new piece of machinery would be a non-controllable cost to the foreman.

Concept of Cost of Production - Definition and Meaning ...


Concept of Cost of Production: Definition and Meaning: By "Cost of Production" is meant the total sum of money required for the production of a specific quantity of output.

machine | Definition of machine in English by Oxford ...


Definition of machine ... coast and a nursing home lost all power meaning desperately-needed oxygen machines could not ... shock machine cost one ...


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