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any unit of activity, group of employees or machines, line of products, etc., isolated or arranged in order to allocate and assign costs more easily.
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for
The labor cost is determined by multiplying the time spent at each operation by the charge rate for that
Fuel prices weren't the only rising
for the company.
Even in prosperous times, many administrations have treated the faculty chiefly as a
In fact, the legacy network of copper wires they service is rapidly turning into a
rather than a source of profits.
The individual is a
rather than a performance center.
Do not run this report without your agencies
The fifth and sixth digit should be used to record inventories by
Provide a reconciliation of insurance charged to each
Monitors execution of the budget to insure
managers do not exceed allocations.
It is possible for one
to go up or down independent of the other.
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Nearby words for cost center
cost control callback
cost driver attribute
cost of living
cost, insurance, and freight