Definition of Accounting Cost
Accounting Cost is the aggregation of material, labor and overhead costs to allocate them to individual products.
There is a specialization in accounting dedicated to this analysis, and it is called, appropriately so, Cost Accounting. If you are starting or own a business that manufactures products, it's very important to have a dedicated effort in cost accounting.
Accounting Cost References On This Site
These Gaebler.com articles mention this glossary term: