Definition and Explanation of Standard Costing: A standard cost is the predetermined cost of manufacturing a single unit or a number of product units during a specific period in the immediate future. It is the planned cost of a product under current and/or anticipated operating conditions.A standard cost has two components: a standard and a cost.A standard is like a norm and whatever is considered normal can generally be accepted as standard. For example, if a score of 72 is the standard for a golf course, a golfer's score is judged on the basis of this standard. standard cost is the predetermined cost of manufacturing a single unit or a number of product units during a specific period in the immediate future.
Common Prefixes and Their Meanings. Adding a prefix to a word changes the meaning or grammatical role of the original word. The following is a list of some common prefixes, their meanings, and examples of the prefix attached to a word. Anti- : against: antifreeze / antilock / antibacterial. Ab- / Abs- : away, from, separated: absent / abhor / abstract.
A prefix is a string of letters that are added to the beginning of a root word, changing its meaning.Each prefix has a meaning (for example, un-means not, sub-means under mis-means wrong or badly). Suffixes are groups pf letters added to the end of a word.hildren are taught the meanings of different prefixes (for example: 'bi' means 'two'). Then they will look at words with these prefixes and how that meaning is incorporated into the word, for example: a bicycle has two wheels and a bilingual person is fluent in two languages.