Costing Meaning in Bengali – বাংলা অর্থ

“Costing” is an English word. In Bengali, it means calculating the total cost of something. Think about making a product, like a shirt. Or think about providing a service, like repairing a car. Costing is the process of finding out how much money was spent. It includes all the expenses. This helps businesses know the actual cost.

There are several ways to say “Costing” in Bengali. Common translations include:

  • খরচ নির্ধারণ (Khoroch Nirdharon): This means determining the expense.
  • ব্যয় হিসাব (Byay Hishab): This means calculating the expenditure or cost.
  • মূল্য নির্ধারণ (Mullo Nirdharon): While this often means price setting, it relates to understanding the cost first to set the price.

So, the “Costing Meaning in Bengali” is about calculating all the expenses involved. It is a key step before setting a price or making business decisions. It helps to see if a product or service will make money.

Costing অর্থ কি?

[ নির্দেশনা: শুধুমাত্র এই সেকশনটি বাংলায় লিখ। Costing শব্দটির বাংলায় উচ্চারণটিও লিখবে]

Costing (কস্টিং) এর বাংলা অর্থ হলো খরচ নির্ধারণ বা ব্যয় হিসাব।

সহজ কথায়, কোনও জিনিস তৈরি করতে বা কোনও পরিষেবা দিতে মোট কত টাকা খরচ হয়, তা হিসাব করার পদ্ধতিকেই কস্টিং বলে। এর মধ্যে কাঁচামাল, শ্রমিকের মজুরি, কারখানা বা অফিসের ভাড়া, বিদ্যুৎ বিল এবং অন্যান্য সমস্ত আনুষঙ্গিক খরচ অন্তর্ভুক্ত থাকে।

ব্যবসা চালানোর জন্য কস্টিং বোঝা খুব জরুরি। এটি পণ্যের সঠিক বিক্রয়মূল্য নির্ধারণ করতে এবং লাভ-লোকসান বুঝতে সাহায্য করে।

Costing এর উচ্চারণ: কস্টিং (Kosting)

Examples

Let’s look at some examples to understand costing better.

  1. Bakery: Imagine a bakery makes cakes. To find the costing of one cake, the bakery owner calculates everything. They add the cost of flour, sugar, eggs, butter, and chocolate. They also add the cost of electricity for the oven. Then, they include the baker’s salary (labor cost) for the time spent. Finally, they might add a small part of the shop’s rent. Adding all these gives the total costing for the cake.
  2. Furniture Maker: A carpenter makes a wooden chair. The costing includes the price of wood. It includes the cost of nails, glue, and paint. It also includes the time the carpenter spent working on it (labor cost). The cost of using tools might also be added.
  3. Software Company: A company develops a mobile app. The costing includes the salaries of programmers and designers. It includes the cost of software licenses they use. It also adds office costs and marketing expenses planned for the app. All these together make up the costing of the app project.

These examples show that costing involves adding up all related expenses.

Synonyms

Synonyms are words that have a similar meaning. Here are some synonyms for costing:

  • Cost calculation
  • Expense analysis
  • Cost determination
  • Pricing (often follows costing)
  • Valuation (can be related, assessing worth which often involves cost)
  • Cost analysis
  • Expense tracking

These words are related to the idea of calculating or analyzing costs.

Antonyms

Antonyms are words with opposite meanings. Finding a direct opposite for “costing” (as a process) is a bit hard. However, we can think of concepts that are different or contrast with it:

  • Guesswork: Making decisions without calculating costs.
  • Ignoring costs: Not paying attention to expenses.
  • Profit: The money gained after costs are subtracted from revenue. Costing finds the cost; profit is the result.
  • Revenue: The total money received from sales, before deducting costs. Costing deals with expenses, while revenue deals with income.
  • Price Taking: Accepting the market price without calculating one’s own costs to see if it’s profitable.

These terms represent ideas different from the careful calculation involved in costing.

Grammar

Let’s look at the grammar of the word “costing.”

  • Word Type: “Costing” is most often used as a gerund (a verb form ending in “-ing” that acts as a noun). It can also be a present participle (used in continuous verb tenses or as an adjective).
  • Base Verb: The base verb is cost.
  • Forms:
    • Base: cost
    • Present Participle / Gerund: costing
    • Past Tense: cost (It is an irregular verb; the past tense is the same as the base form).
    • Past Participle: cost
  • Inflections:
    • Costs: This can be the plural form of the noun “cost” (e.g., “The costs are high”). It can also be the third-person singular present tense of the verb “cost” (e.g., “It costs five dollars”).
  • Usage as Noun: “The costing process took two days.” (Here, costing is a noun).
  • Usage as Participle: “We are costing the new project.” (Here, costing is part of the present continuous verb tense). “The costing department is busy.” (Here, costing acts like an adjective describing the department).

Uses

The process of costing is used in many areas:

  • Business Management: To set selling prices for products and services.
  • Manufacturing: To find the cost of producing each unit.
  • Budgeting: To plan future expenses for a company or project.
  • Financial Accounting: To report costs accurately in financial statements.
  • Decision Making: To decide if a new product, project, or service will be profitable.
  • Project Management: To estimate and control the costs of a project.
  • Service Industries: To determine the cost of providing services like consulting, healthcare, or education.

Understanding costing helps make informed financial decisions.

Related Phrases

There are many phrases related to costing used in business and accounting:

  • Costing method: The specific way costs are calculated (e.g., job costing, process costing).
  • Job costing: Calculating costs for specific jobs or projects.
  • Process costing: Calculating average costs for mass-produced items.
  • Standard costing: Using estimated or standard costs for planning and control.
  • Activity-Based Costing (ABC): A method that assigns costs based on activities.
  • Cost sheet: A document showing the detailed breakdown of costs.
  • Cost analysis: Examining costs to understand them better.
  • Cost center: A department within a company to which costs can be allocated.
  • Direct costing: Considering only direct costs.
  • Absorption costing: Including both direct and indirect (overhead) costs.

These phrases show the different ways costing is applied and studied.

Conclusion

In summary, “costing” is the essential process of calculating the total expenses required to produce something or deliver a service. The “Costing Meaning in Bengali” translates to concepts like খরচ নির্ধারণ (Khoroch Nirdharon) or ব্যয় হিসাব (Byay Hishab). It involves carefully adding up all relevant costs, from materials and labor to overheads. Understanding costing is vital for businesses to set prices correctly, manage budgets, make profitable decisions, and achieve financial success. Whether you are in business or just managing your finances, knowing the basics of costing is very useful.