Advertisement

Advertisement

standard cost

noun

  1. a predetermined cost of material, labor, etc., based on specifications prepared from time-and-motion studies, accounting records, and the like.

standard cost

noun

  1. accounting the predetermined budgeted cost of a regular manufacturing process against which actual costs are compared

Discover More

Word History and Origins

Origin of standard cost1

First recorded in 1930–35

Discover More

Example Sentences

The standard cost for most of the old English vials under the British monopoly had been $5.50 a gross.

Advertisement

Word of the Day

tortuous

[tawr-choo-uhs ]

Meaning and examples

Start each day with the Word of the Day in your inbox!

By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies.

Advertisement

Advertisement

Advertisement

standard coinstandard deviation

Browse

  • #
  • aa
  • bb
  • cc
  • dd
  • ee
  • ff
  • gg
  • hh
  • ii
  • jj
  • kk
  • ll
  • mm
  • nn
  • oo
  • pp
  • qq
  • rr
  • ss
  • tt
  • uu
  • vv
  • ww
  • xx
  • yy
  • zz