1 Direct materials. 2  Add the total cost of materials purchases in the period to the cost of beginning inventory, and subtract the cost of ending inventory. 3  The result is the cost of direct materials incurred during the period. 4  Direct labor.
Freebase(2.00 / 1 vote)Rate this definition: Nozzle. A nozzle is a device designed to control the direction or characteristics of a fluid flow as it exits an enclosed chamber or pipe. A nozzle is often a pipe or tube of varying cross sectional area, and it can be used to direct or modify the flow of a fluid.
Princeton's WordNet(0.00 / 0 votes)Rate this definition: 1  fan(noun) a device for creating a current of air by movement of a surface or surfaces. 2  sports fan, fan, rooter(noun) an enthusiastic devotee of sports. 3  fan, buff, devotee, lover(verb) an ardent follower and admirer. 4  fan(verb) strike out (a batter), (of a pitcher)