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 letter or series of letters attached to the beginning of a word, word base, or suffix to produce a derivative word with a new meaning. There are many prefixes used by biologists in constructing scientific names and terminology. In general, they are either of Latin or Greek derivation.n example of a personal name used as a prefix is rogersii (= of Rogers). It would be pointless to include in this dictionary all of the proper names used as prefixes in the construction of scientific names, but users should consider this possibility when they fail to find a prefix in the dictionary.