Full cost definition

Full cost means the cost of providing service plus a reasonable charge for administrative overhead;

Full cost means the cost of providing service plus a reasonable charge for administrative overhead and where relevant any applicable charges aimed at reflecting environmental costs and applied without distinction as to nationality;

Full cost means the cost of service provided plus a reasonable charge for administrative overhead;

Examples of Full cost in a sentence

• The Company currently follows full cost accounting as prescribed in Accounting Guideline 16, Oil and Gas Accounting – Full Cost.

• To convert Successful Efforts method financial statements of GeoResources to Full Cost method financial statements to reflect that exploration expenses would have been capitalized under Full Cost method of accounting for oil and natural gas activities.

• There would not have been an impairment as measured under Full Cost accounting, therefore an adjustment is necessary to eliminate the historical impairment recorded in the year ended December 31, 2011.

• To eliminate the historical oil and natural gas properties impairment as impairments of oil and natural gas properties are evaluated on a single cost center basis under Full Cost rules as compared to a field by field basis under Successful Efforts rules.

• Effective January 1, 2004 the Trust adopted CICA accounting guideline 16, "Oil and Gas Accounting - Full Cost." This accounting guideline replaced CICA accounting guideline 5, "Full cost accounting in the oil and gas industry." Accounting guideline 16 modifies how the ceiling test calculation is performed.

More Definitions of Full cost

Full cost or “full premium” means the entire amount needed to fund the employee benefit in question irrespective of whether part would ordinarily be paid by the employee and part paid by the Board.

Full cost means all costs attributable to the provision of service.

Full cost means an amount calculated by the constituent institution that is

Full cost means an amount calculated by the constituent institution that is no less than the sum of tuition, required fees, and on-campus room and board.

Full cost means the cost after all discounts have been deducted and inclusive of Advertising Standards Board of Finance (ASBOF) / Broadcast Advertising Board of Finance (BASBOF), Framework Levy and VAT. Note however, that VAT must be shown separately on all invoices, and that the Fee Commission and any other costs (e.g. ASBOF/BASBOF @ 0.1% of net expenditure) must be calculated on the VAT exclusive figure and shown separately on all invoices, with the exception of International activity;

Full cost payment program means a hospital payment program for participating public hospitals located in the State of Washington that are operated by public hospital districts and are not Agency-approved and DOH-certified as CAH, the Harborview Medical Center, and the University of Washington Medical Center. These hospitals are reimbursed based on the full cost of services as determined through the Medicare Cost Report and RCCs(ratio of costs–to-charges). Each of these hospitals’ certified public expenditures represent the cost of the patients’ medically necessary care. Each hospital’s inpatient claims are paid by the “full cost” payment method, using the Medicaid RCCs to determine cost.

Full cost means the cost of services provided, which may include the appropriate amounts for costs of capital and depreciation of assets, as well as the costs of maintenance, operation, management, and administration;