ABC cost component

[/ˌeɪ biː ˈsiː kɔst kəmˈpoʊnənt/]
nounpl: ABC cost components
componente de custo ABC
1. An individual cost element or factor identified and allocated in Activity-Based Costing (ABC) methodology, representing a specific resource consumption or activity that contributes to the total cost of a product or service
The ABC cost component for machine setup time was calculated separately from direct labor costs.
O componente de custo ABC para o tempo de configuração da máquina foi calculado separadamente dos custos de mão de obra direta.
2. In management accounting, a discrete cost driver or cost pool element that is tracked and assigned to cost objects based on their actual consumption of activities
Each ABC cost component must be clearly identified and linked to its corresponding cost driver.
Cada componente de custo ABC deve ser claramente identificado e vinculado ao seu correspondente direcionador de custo.
ABC (Activity-Based Costing) is a management accounting methodology that gained prominence in the 1980s-1990s and is widely taught in business schools and used by multinational corporations. In Brazil, particularly in São Paulo's financial district, ABC cost analysis is standard practice for companies seeking more accurate cost allocation. The term reflects a shift from traditional volume-based costing to activity-based analysis, representing modern cost management practices in both Brazilian and international business environments.
Synonyms / Sinônimos
cost driveractivity cost elementcost pool componentactivity-based cost factor
Antonyms / Antônimos
traditional cost allocationvolume-based costindirect cost lump sum

Regional Variations

General Brazilian
componente de custo ABC
Standard term used in management accounting and finance sectors
São Paulo
elemento de custo ABC
Alternative terminology commonly used in large corporations and consultancy firms
Portugal
componente de custo baseado em atividades
More formal/descriptive translation used in Portuguese accounting practice
USA/International
ABC cost component
Standard English term in international accounting and business contexts

Related Words

Activity-Based Costing (ABC)cost drivercost poolcost allocationoverhead allocationactivity analysiscost objectresource consumption

Related Idioms & Phrases

break down costs by ABC components
trace ABC cost components to activities
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