Definición de standard cost en inglés:

standard cost

Saltos de línea: stand|ard cost

sustantivo

  • The estimated cost of a process, resource, or item used in a manufacturing enterprise, entered in an account and compared with the actual cost so that anomalies are readily detectable.
    Más ejemplos en oraciones
    • This budget employed a standard cost for each production step.
    • Prior to Managerial Accounting, popular cost accounting textbooks were focused on the calculation of unit product costs in job order, process and standard cost systems.
    • Not many years ago the advocates of standard costs were like voices crying in the wilderness.

Derivativos

standard costing

sustantivo
Más ejemplos en oraciones
  • In Spain standard costing was used for decision making as early as the 17th century.
  • In actuality, norm-based accounting was first employed in the early 1900s when standard costing and other scientific management principles became socially acceptable.
  • In the context of the development of scientific management, it is, of course, standard costing which is seen as being the key accounting change.