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.


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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. February 29, 2020 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: February 29, 2020).
American Psychological Association (APA):
Standard Operating Cost. PayrollHeaven.com. Retrieved February 29, 2020, 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)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

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