Define: Standard Operating Cost

UK Accounting Glossary

Definition: 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.



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.


Full Definition of Standard Operating Cost




Standard Operating Cost FAQ's



Cite Term


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Page URL
https://payrollheaven.com/define/standard-operating-cost/
Modern Language Association (MLA):
Standard Operating Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 20, 2019 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: July 20, 2019).
American Psychological Association (APA):
Standard Operating Cost. PayrollHeaven.com. Retrieved July 20, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/standard-operating-cost/

Definition Sources


Definitions for Standard Operating Cost are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th May 2019.