Total Cost of Production

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Definitions
Production Cost
Production Cost Total Cost of Production Direct Cost of Sales Manufacturing Overhead Cost Unit Manufacturing Account Cost of Goods Manufactured
The total of all the costs incurred in producing a product or cost unit. In a manufacturing account, the production cost is represented by the total of the direct cost of sales and the manufacturing overhead.
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Definitions
Total Cost of Production
Total Cost of Production Production Cost Manufacturing Expenses Fixed Costs Variable Costs Business Finance Cost Management
Total cost of production is a term used to refer to the overall expense incurred by a company to manufacture a product or provide a service. It includes both fixed and variable costs.
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