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costing vs cost

Both 'costing' and 'cost' are correct, but they are used in different contexts. 'Cost' is a noun referring to the amount of money needed for something, while 'costing' is a verb used to describe the process of determining the cost of something.

Last updated: March 27, 2024 • 1357 views

The word 'costing' is a verb that describes the process of determining the cost of something.

"costing"

Use 'costing' when you want to talk about the action of calculating or estimating the cost of something.
  • Nov 16, 2017 ... So I'm trying to figure out what the costing workbench is doing. I did our first cost roll up ever the other day, looks like things are fine ...
  • Aug 25, 2023 ... The shitty consultants say what costing method do you want to use. The client says "oh we use average". Ok we'll use average. NO! The good ...
  • Oct 10, 2022 ... cost elements check box checked/unchecked, Pull as assembly checkbox checked/unchecked yields different results. Understanding how the costing ...
  • This is the first costing-specific resource that bridges costing theory — what you should do — with practical, step by step guidance on what you can do ...
  • Mar 2, 2023 ... Hello All, We have been trying to utilise Group Average costing as a solution to the problem of non-standardized item pricing that we have ...
  • Aug 11, 2021 ... I know that Solidworks has a plug-in called as Solidworks Costing , which has been quite well known for its cost calculation capabilities. Is ...
  • Uniform Rail Costing System (URCS) · Three Phases of URCS · Origins of URCS · Uses of URCS · Recent Changes to URCS · URCS Programs and Documentation · URCS Data for ...
  • Jan 31, 2020 ... Costing the Three Transformative Results focuses on new research to estimate the costs associated the global effort led by UNFPA to: (a.
  • Training, guidance, and Job Costing Tools (JCT) for Cost Center Managers, Financial Analysts, and University HCM Fiscal Analysts.
  • Synonyms for COSTING: fetching, bringing, running, going (for), selling (for), demanding, totaling, totalling, asking, coming (to)

Alternatives:

  • calculating the cost
  • estimating the cost
  • determining the cost

The word 'cost' is a noun that refers to the amount of money needed for something.

"cost"

Use 'cost' when you want to refer to the price or amount of money required for something.
  • Stay in place at any cost.
  • Others questioned the cost of developing software.
  • Such overlap could also cause confusion regarding project cost accounting.
  • Envy and jealousy cost your father his success.
  • Built vast fortunes... commanded at a terrible cost.
  • This modification is a tradeoff between increased cost and improved efficiency.
  • And the cost annually is three trillion dollars.
  • That's just the gasoline cost.
  • The final cost was 2,500,000 rubles.
  • Installations which achieve the right balance between construction cost, social cost and environmental cost.
  • As a business has virtually no influence on indirect cost, a cost reduction oriented cost breakdown analysis focuses rather on factors contributing to direct cost.
  • In theoretical economics, cost used without qualification often means opportunity cost.
  • The cost of cyber attacks, vandalism and hacking have cost companies billions.
  • Secondly, a difference in the ratio of fixed cost and variable cost might also be exploited strategically.
  • Production cost, marginal cost and price of oil.
  • Optionally, you can specify the cost of digging wells and soil removal cost.
  • Equally critical is the systemic cost and institutional cost.
  • Operating cost A Holder reduces the cost for your vehicle pool.
  • The cost of delivery also includes cost of packing.
  • Variable cost of sales This represents the cost of goods sold.

Alternatives:

  • price
  • expense
  • amount

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