Define: Total Standard Production Cost

Business, Legal & Accounting Glossary

Definition: Total Standard Production Cost



What is the dictionary definition of Total Standard Production Cost?

Dictionary Definition


The total of standard direct materials cost, standard direct labour cost, the standard fixed overhead cost and the standard variable overhead cost.


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https://payrollheaven.com/define/total-standard-production-cost/
Modern Language Association (MLA):
Total Standard Production Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 09, 2020 https://payrollheaven.com/define/total-standard-production-cost/.
Chicago Manual of Style (CMS):
Total Standard Production Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/total-standard-production-cost/ (accessed: April 09, 2020).
American Psychological Association (APA):
Total Standard Production Cost. PayrollHeaven.com. Retrieved April 09, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/total-standard-production-cost/

Definition Sources


Definitions for Total Standard Production 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: 4th May, 2019