One of the mysteries of the English language finally explained.
An overhead expense.‘safety equipment is usually regarded as an oncost’
- ‘Fixed charges usually known as shop expenditure and establishment expenses or shop oncost and office oncost, are apportioned to the various jobs.’
- ‘Jenkinson recommends the use of a work in process account that includes prime costs only, oncost was only added in the sales journal at the time of sale.’
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