Posted in Operations and Supply Chain Terms, Total Reads: 592
Definition: Laid-Down Cost
Laid-Down cost is the sum total of the cost of a product and its transportation expenses. The Laid-Down cost is used to compare the total cost of a product when it is shipped from different resources to a customer’s point of use. The invoice cost, customs, excise duties, freight and cartage are included in laid down cost. Laid down costs are on the asset side of the balance sheet and are included while determining the total cost of production of an item.