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Home > QFINANCE Dictionary > Definition of continuous operation costing

Definition of

continuous operation costing

Operations & Production

basing costs on process not product a costing method in which costs are first charged to the process of production, then averaged over the units produced during the relevant period. It is used where production consists of a sequence of continuous or repetitive operations.

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Definitions of ’continuous operation costing’ and meaning of ’continuous operation costing’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’continuous operation costing’ and other financial terms with our online QFINANCE Financial Dictionary.

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