Home > Term: moving annual total
moving annual total
In a study of process costs (in large or in detail) a series of costs-per-unit observed and recorded at regular intervals (usually in monthly financial summaries cross referenced to analyzed detail cost). Twelve months are covered and each month the new month's figures are added and those for the corresponding month of the previous year are removed. Therefore, like periods are always compared and seasonal fluctuations are smoothed out. Abbrev., MAT.
- Kalbos dalis: noun
- Pramonės šaka / sritis: Mining
- Category: General mining; Mineral mining
- Government Agency: USBM
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(Milwaukee, United States)