teleport - transport by dematerializing at one point and assembling at another. 1  science fiction - literary fantasy involving the imagined impact of science on society. 2  transport - move something or somebody around; usually over long distances.
Actual cost is the total amount of materials, labor costs, and any directly associated overhead costs that can be charged to a specific project. This is different from the standard cost, although both approaches are often used to evaluate the profitability of a given project.
Under actual costing, you will still have a, âplanned,â cost that rolls up all of the manufacturing costs, but unlike standard costing, this planned cost will not drive the inventory value. Understanding requirements and impact of each method on your organization is key to making an informed decision.