production profit/loss


Accounting dictionary. 2014.

Look at other dictionaries:

  • manufacturing profit/loss — production profit/loss The difference between the value of the goods transferred from a manufacturing account to a trading account at a price other than the cost of goods manufactured, and the cost of goods manufactured. This difference is… …   Accounting dictionary

  • manufacturing profit-loss — production profit loss The difference between the value of the goods transferred from a manufacturing account to a trading account at a price other than the cost of goods manufactured, and the cost of goods manufactured. This difference is… …   Big dictionary of business and management

  • profit on manufacture — production profit The margin obtained when manufactured items or finished goods are transferred from the factory at a price in excess of the cost of production. The technique is used in organizations wishing to submit the production departments… …   Big dictionary of business and management

  • profit-volume chart — PV chart A graph showing the profits and losses to be made at each level of activity. The profit loss line is usually plotted as a linear function, and the graph shows the total fixed cost level as the loss at zero activity, the breakeven point… …   Big dictionary of business and management

  • profit–volume chart — PV chart A graph showing the profits and losses to be made at each level of activity. The profit/loss line is usually plotted as a linear function, and the graph shows the total fixed cost level as the loss at zero activity, the breakeven point… …   Accounting dictionary

  • profit — [n] gain accumulation, acquisition, advancement, advantage, aggrandizement, augmentation, avail, benefit, bottom line*, cleanup, earnings, emoluments, gate*, goods*, gravy*, gross, harvest, income, interest, killing, lucre, net, output, outturn,… …   New thesaurus

  • Profit (economics) — In economics, the term profit has two related but distinct meanings. Normal profit represents the total opportunity costs (both explicit and implicit) of a venture to an entrepreneur or investor, whilst economic profit (also abnormal, pure,… …   Wikipedia

  • profit and loss account — P & L account 1) An account in the books of an organization showing the profits (or losses) made on its business activities with the deduction of the appropriate expenses. 2) A statement of the profit (or loss) of an organization over a financial …   Accounting dictionary

  • profit and loss account — P & L account 1) An account in the books of an organization showing the profits (or losses) made on its business activities with the deduction of the appropriate expenses. 2) A statement of the profit (or loss) of an organization over a financial …   Big dictionary of business and management

  • profit — profiter, n. profitless, adj. profitlessly, adv. profitlessness, n. /prof it/, n. 1. Often, profits. a. pecuniary gain resulting from the employment of capital in any transaction. Cf. gross profit, net profit. b. the ratio of s …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.