Standard Operating Cost

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Definition: Standard Operating Cost

Standard Operating Cost

Quick Summary of Standard Operating Cost

The Standard Operating Cost is the total of all the standard cost allowances for the actual level of activity achieved by an organisation.

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What is the dictionary definition of Standard Operating Cost?

Dictionary Definition

This is the total of all the standard cost allowances for the actual level of activity achieved by an organisation.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/standard-operating-cost/
Modern Language Association (MLA):
Standard Operating Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/standard-operating-cost/.
Chicago Manual of Style (CMS):
Standard Operating Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/standard-operating-cost/ (accessed: April 20, 2024).
American Psychological Association (APA):
Standard Operating Cost. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/standard-operating-cost/

Definition Sources

Definitions for Standard Operating Cost are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 10th August, 2019 | 0 Views.