(up) to the hilt. âº Something that is done (up) to the hilt is done completely and without any limits: The government is already borrowing up to the hilt. (Definition of â(up) to the hiltâ from the Cambridge Advanced Learnerâs Dictionary & Thesaurus Â© Cambridge University Press) Translations of â(up) to the hiltâ.
accounting cost - actual expenses, plus depreciation. 1  more concerned with past performance. 2  depreciation expenses calculated for capital equipment.  more connected to the IRS than economic cost.
Period Costs vs. Product Costs. There are two types of expenses in managerial accounting: period costs and product costs. A period cost is defined as all costs in the profit and loss statement that is not a cost directly associated with a product, also known as âSales, General and Administrative costsâ (SG&A). A product cost is the total amount of cost that is directly associated with a product, also known as a cost of goods sold.