Product costing:
"The activity of determining the cost associated with a particular product. "

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Definitions of terms related to Product costing:

• Acquisition cost
• Actual cost
• cost of goods sold (COGS)
• period cost
• Planned cost
• process costing
• Product families
• Product features / options
• Product life cycles
• Product line
• Product load profile
• Product specification
• Product structure file
• Production activity control
• Production classification
• Production kanbans
• Production plan
• Production scheduling
• project costing
• Standard cost