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English definition of “batch costing”

batch costing

noun [U]    
ACCOUNTING, PRODUCTION the fact of stating the price of a product as based on the cost of producing a batch of the product, rather than on the cost of producing a single item: Batch costing is typically used for mass-produced goods such as clothing. → Compare job costing
(Definition of batch costing noun from the Cambridge Business English Dictionary © Cambridge University Press)
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