Business, Legal & Accounting Glossary
In standard costing, the total standard production cost plus the standard cost allowance for the non-production overhead.
The total standard production cost plus the standard cost allowance for the non-production overhead.
In standard costing methods, the total standard cost is calculated by adding the production cost to the standard cost allowance for the non-production overhead.
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This glossary post was last updated: 12th December, 2019 | 0 Views.