standard cost


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standard cost

n
(Accounting & Book-keeping) accounting the predetermined budgeted cost of a regular manufacturing process against which actual costs are compared
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And he said the standard cost of using the road should be cut because the standard cost for most cars was PS2 when it first opened in 2003 but has risen to PS5.
He took you through the nuances of standard cost accounting.
The standard cost is [pounds sterling]300 per head, although region-and volume-related discounts may be available.
Initially, I placed an order for a 1MB broadband line, which has a standard cost of Dh259.
They are much higher than our normal standard cost.
Although manufacturing organizations worldwide are moving rapidly to adopt lean management systems, field reports suggest that many lean manufacturers continue to use traditional standard cost accounting control systems, despite the argument by lean accounting experts that they hinder lean implementation.
Compliance with the code also requires the adoption of the Industry Standard Cost Classifications Christina Hirst, acting director for RICS Wales, said: "Since the launch of the code in 2006, it is fair to say that a greater degree of professionalism has been brought to the way investors provide and charge for services.
After October 1, the standard cost of a landline will be Au159.
Under the current six-month business model and process re-engineering project, IBM will support the establishment of a contract management system, standard cost management, supply chain management (SCM), operation system, enterprise resource planning (ERP) system, pricing strategy planning and diagnosis of Information Technology operations.
Research carried out by the website reveals that a 40-year-old man fined pounds 1,000 and banned for 12 months for drink-driving faces paying an average pounds 578 for cover, compared with the standard cost of pounds 300.
Research by the website reveals a 40-year-old man fined pounds 1,000 and banned for 12 months for drink-driving faces paying an average pounds 578 for cover, compared with the standard cost of pounds 300.

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