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The oldest cost (i.e., the first in) is then matched against revenue and assigned to cost of goods sold. Last-In First-Out (LIFO) is the reverse of FIFO. Some systems permit determining the costs of goods at the time acquired or made, but assigning costs to goods sold under the assumption that the goods made or acquired last are sold first.
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
Stamped concrete in various patterns, highlighted with acid stain. Decorative concrete is the use of concrete as not simply a utilitarian medium for construction but as an aesthetic enhancement to a structure, while still serving its function as an integral part of the building itself such as floors, walls, driveways, and patios.
Consignment stocks: The inventories where goods are with the buyer, but the actual ownership of goods remains with the seller until the goods are sold. Though the goods were transported to the buyer, payment of goods is done once the goods are sold. Hence such stocks are known as consignment stocks. Maintenance supply. For example:
Cost benchmarking is the measurement, refinement and analysis of one's Cost of Goods Sold (COGS) when compared to market peers. Cost benchmarking identifies competitiveness of pricing in industry terms, highlighting best in class [ 1 ] pricing and subsequently showing areas for competitive pricing improvement.
A finished tilt-up building. Tilt-up, tilt-slab or tilt-wall is a type of building and a construction technique using concrete.Though it is a cost-effective technique with a shorter completion time, [1] poor performance in earthquakes has mandated significant seismic retrofit requirements in older buildings.
Siding or wall cladding is the protective material attached to the exterior side of a wall of a house or other building. Along with the roof, it forms the first line of defense against the elements, most importantly sun, rain/snow, heat and cold, thus creating a stable, more comfortable environment on the interior side.
Types of External cromatic wall insulation systems (EWI Systems pictured above) External wall insulation systems generally comprise firstly an insulation layer (an element which helps to achieve the requisite thermal performance); and secondly,a protected weatherproof finish (usually a render, although brick slips, [3] tiles, and decorative boards can also be used).