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)

Sort: Oldest first

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

Word of the day

Tetrachlorvinphos

An organophosphate cholinesterase inhibitor that is used as insecticide. It has low mammalian toxicity. (From Merck Index, 11th ed)

View More

Nearby Words