Define: Total Standard Profit

UK Accounting Glossary

Definition: Total Standard Profit



What is the dictionary definition of Total Standard Profit?

Dictionary Definition


The difference between the sales at standard selling prices and the standard overhead cost of these sales.


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Total Standard Profit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 28, 2020 https://payrollheaven.com/define/total-standard-profit/.
Chicago Manual of Style (CMS):
Total Standard Profit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/total-standard-profit/ (accessed: February 28, 2020).
American Psychological Association (APA):
Total Standard Profit. PayrollHeaven.com. Retrieved February 28, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/total-standard-profit/

Definition Sources


Definitions for Total Standard Profit 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.