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There is no need to use a standard cost again for these important decisions.
You may find, for example, that a single 6-foot-long standard costs less than two 3-foot lengths.
And I've got the standard cost here I need to get up.
Standard cost implies a norm, or what costs should be.
It would be paid for emergency services to outsiders at a standard cost.
Materials and labor may be allocated based on past experience, or standard costs.
It also insisted that all government traffic must travel at a third of standard costs.
Standard cost accounting can hurt managers, workers, and firms in several ways.
In Harlem the standard cost of getting high on crack is $3.
This procedure assumes the use of a standard costing system in an established product line.
Most industrial/commercial concerns will have such standard costs calculated for their ranges of products.
They said the expenses the company cited appeared to be standard costs for running a cable programming business.
It serves in the areas of cost estimation,standard costs,production control and the evaluation for productivity.
Then it is mostly a question of exploiting data from standard cost accounting for productivity measurements.
The products that met the standards cost $8 to $40 for a similar amount.
In comparing actual costs with standard costs management should first consider the economy of operations.
The hotel has 4,049 suites, and a standard costs $169 to $899.
The 'standard cost' per unit is then calculated from these rates.
Standard costs are then flushed backwards through the system to assign costs to products.
The top of the chart has the standard costs from the Settlers game (for settlements, upgrade to city, and roads).
The costs (or benefits) associated with externalities do not enter standard cost accounting schemes.
Where materials or labor costs for a period exceed the expected amount of standard costs, a variance.
Regulation of the business primarily relates to the tariffs required to meet regulated service standards cost efficiently.
To compensate for the speed of networks increasing beyond the gigabit range, the standard cost has been slightly modified.
The first three months of the Leveson inquiry into press standards cost £855,300, figures show.