Standard cost: Difference between revisions

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A pre-determined cost of a unit of production or service on the basis of a specification of all the factors affecting costs given normal efficiency.
A pre-determined cost of a unit of production or service on the basis of a specification of all the factors affecting costs given normal efficiency.


== See also ==
== See also ==
* [[Fixed cost]]
* [[Fixed cost]]

Revision as of 19:32, 28 April 2016

A pre-determined cost of a unit of production or service on the basis of a specification of all the factors affecting costs given normal efficiency.


See also