Meaning Of The Word Standard cost
What's the definition of Standard cost? Find Standard cost meanings, definitions and more at the Real Dictionary online.
Standard cost Meaning
| Standard cost Definition |
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What's The Definition Of Standard cost?
standard cost in British English
noun: a predetermined cost of material, labor, etc., based on specifications prepared from time-and-motion studies, accounting records, and the like noun: the predetermined budgeted cost of a regular manufacturing process against which actual costs are compared standard cost in Retail noun: A standard cost is the budgeted cost of a regular manufacturing process against which actual costs are compared. |
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