What is the definition of Backflush costing? | Dictionary.net

BACKFLUSH COSTING

\bˈakflʌʃ kˈɒstɪŋ], \bˈakflʌʃ kˈɒstɪŋ], \b_ˈa_k_f_l_ʌ_ʃ k_ˈɒ_s_t_ɪ_ŋ]\

Definitions of BACKFLUSH COSTING

1910 - Black's Law Dictionary (2nd edition)

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Pricing a product by using the finished result and working your way back. When inventory must be kept low this is the way costing is done. AKA backflush accounting.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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