Page 4 - Cost Dictionary
P. 4

FIXED COST                                                                 FREIGHT                                                                        GAIN



                                                                                                     Goods that are
                       A cost such as wages,


                                                                                              transported by ship,
                      rent, and interest that

                                                                                           aircraft, train, or truck,                                                  An increase in size,
                          does not change in


                                                                                                  or the method of                                                    weight, amount, etc.
                    relation to how much a

                                                                                                transporting these
                          business produces


                                                                                                                goods
                                      Costo Fijo                                                                  Flete                                                                Utilidad








                                 GENERAL




                                EXPENSES                                                  GENERAL LEDGER                                                                            GOODS
                                                                                               The book or part of a
                     Money that a company


                 spends on organizing and                                                        computer program                                                           Things for sale,


                    controlling its activities                                              that a company uses to                                                       or the things that



                   generally rather than on                                                         regularly record                                                                you own


                     a particular product or


                    service that it produces                                               money received or paid                                                                   Producto,




                             Gastos Generales                                                             Libro Mayor                                                   Mercancia y Bienes







                                   GOODS IN                                                     GROSS INCOME                                                                GROSS LOSS




                                    PROCESS                                                 The total amount of a                                                  The total amount of a



                           Relates to partially                                                                                                                   company’s losses from

                                                                                                         person’s or
                   completed goods that are                                                                                                                     its different activities in

                                                                                           organization’s income                                                      a particular period,
                            somewhere in the

                                                                                            in a particular period                                               even if it makes a profit

                     manufacturing process                                                                                                                               on some of these

                                                                                           before tax is paid on it
                   and not yet ready for sale                                                                                                                                      activities




                            Productos en Proceso                                                   Ganancias Brutas                                                          Perdida Bruta







                                                                                                              IDEAL

                                     INCOME                                                                                                                                  IDLE TIME

                                                                                                        CAPACITY

                           Money earned by a                                                    Ideal capacity is the




                            person, company,                                               maximum output that a                                                            A period of time



                       government, etc. over                                                 manufacturing facility                                                  when a business does



                          particular period of                                              can produce, assuming                                                             not operate or


                                                                                               no downtime and no
                                             time                                                                                                                            employees stop
                                                                                                                  waste
                                                                                                                                                                                      working
                                          Ingresos                                             Capacidad Productiva                                                         Tiempo de Osocio
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