a predetermined cost of material, labor, etc., based on specifications prepared from time-and-motion studies, accounting records, and the like.
ELEMENTARY SCHOOL PUNCTUATION QUIZ
Punctuation marks help make writing easy to read and understand. Some of the most important ones are the period (.), comma (,), question mark (?), and exclamation point (!). How well do you know how to use them? Find out in this quiz!
Question 1 of 10
Which punctuation mark is best for this sentence? "Can I watch a movie __"
Compare actual cost.
Origin of standard cost
First recorded in 1930–35
Words nearby standard cost
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for standard cost
accounting the predetermined budgeted cost of a regular manufacturing process against which actual costs are compared
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012