Examples of 'standard costs' in a sentence
Meaning of "standard costs"
Standard costs refer to predetermined costs that companies expect to incur for direct materials, direct labor, and overhead for a product. These costs are used for planning, controlling, and decision-making purposes in accounting and budgeting
How to use "standard costs" in a sentence
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standard costs
Annual standard costs estimated total costs.
Vacancy rate and adjustments to standard costs.
Deviations from standard costs would be explained.
The variance is attributable to increased standard costs.
A system of standard costs is applied to trust fund projects.
The variance is due to increased standard costs.
To cover standard costs under supplies and materials.
Advantages and disadvantages of using standard costs.
Increase in the standard costs of the international staff.
Excess of budget over standard costs.
Standard costs are de facto used for budgeting purposes.
This proposal is based on standard costs.
If standard costs are incorporated into the accounting system.
Invoices when prepared are based on standard costs.
Standard costs are also useful for performance measurement purposes.
See also
Drastic reduction of the standard costs.
Hence standard costs allow a manufacturer to practice management by exception.
Assess the reasonableness of standard costs.
Annual standard costs.
Create bills of materials and calculate standard costs.
Based on standard costs.
Salaries and common staff costs are based on standard costs.
Total standard costs.
Illustrate the process of determining and setting standard costs.
Net standard costs.
In some manufacturing organizations only standard costs are developed.
Standard costs related to transposition checks and possible infringement procedures.
The variance is attributed to higher standard costs for communications.
Standard costs in.
Discuss the difference between budgets and standard costs.
There are certain standard costs related to closing the sale of a home.
It also sought clarification on the evolution of standard costs for salaries.
Your accountants establish standard costs for your products based on experience.
It also insisted that all government traffic must travel at a third of standard costs.
Efficiently review and update standard costs with this worksheet.
These standard costs were not indicative of the actual cost or value of the assets.
This involves comparisons of the standard costs to the actual costs.
Salary standard costs used for budget management reflect the expected hedged rates.
Adjustments to standard costs.
The free ones stream with advertisements while the rest have quite standard costs.
Application of standard costs.
A No standard costs exist for this item.
Adjustment to standard costs.
The standard costs will be reviewed accordingly by the Committee.
Do additional research and know the standard costs in the industry.
The increased budget standard costs for these posts also contributed to the increase in budget.
The increase for posts is due to different standard costs in various duty stations.
B These standard costs must be considered as maximum costs referred to for budgeting purposes.
Million due to increase in budget standard costs for the international staffing table.
The documents also reflected a new format based on the use of standard costs and ratios.
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No deviation from the standard form is permitted
Standard installation and wiring material is used
There is probably no standard practice or perfect answer
Examples of using Costs
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There are no conditions or costs attached to this service
Postage costs are the responsibility of the customer
Total programme support costs on project expenditure
