Auditor's dictionary. 2014.
standard cost — ➔ cost1 * * * standard cost UK US noun [C] ACCOUNTING ► the expected cost of a job, project, or other activity if there are no problems that increase the total for each stage of the process: »We can use previous cost data to calculate the product … Financial and business terms
standard cost — noun : a predetermined cost based on cost factors assumed to be normal with which a correlated historical cost is compared compare actual cost * * * a predetermined cost of material, labor, etc., based on specifications prepared from time and… … Useful english dictionary
standard cost — In standard costing systems, a predetermined unit cost of a product or service. It is important to emphasize that standard cost is a unit cost concept … Accounting dictionary
standard cost — In standard costing systems, a predetermined unit cost of a product or service. It is important to emphasize that standard cost is a unit cost concept … Big dictionary of business and management
standard cost — standartinės sąnaudos statusas T sritis Gynyba apibrėžtis Iš anksto nustatytos produkto ar veiklos sąnaudos, kurios bus patiriamos daugiau negu vieną kartą. atitikmenys: angl. standard cost šaltinis NATO mokymų ir pratybų finansavimo terminų… … Lithuanian dictionary (lietuvių žodynas)
standard cost card — In a standard costing system, a record showing how the standard cost of each product is built up. The standard cost card records the standard quantities of material and the standard prices, the standard labour times, and the standard rates of pay … Accounting dictionary
standard cost allowance — Under a standard costing system, the level of expenditure allowed to be incurred for variable costs, taking into account the actual levels of activity achieved. For example, the standard cost allowance for direct materials is obtained from the… … Accounting dictionary
standard cost allowance — Under a standard costing system, the level of expenditure allowed to be incurred for variable costs, taking into account the actual levels of activity achieved. For example, the standard cost allowance for direct materials is obtained from the… … Big dictionary of business and management
standard cost — a predetermined cost of material, labor, etc., based on specifications prepared from time and motion studies, accounting records, and the like. Cf. actual cost. [1930 35] * * * … Universalium
standard cost — /ˌstændəd kɒst/ noun a future cost which is calculated in advance and against which estimates are measured … Dictionary of banking and finance
