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.
I. A List of prefixes, suffixes and roots Common Prefixes Prefix Example Meaning a-, an-ab-, a-, abs-ad-, ac-, af-, ag-, al-, an-, ap-, ar-, as-, at-ambi-amphi-ante-anti-auto-bi-centi-circum-con-, com-, co-, col-, cor-contra-de-dec-, deca-di-dia-dis-ex-, e-, ef-fore-hemi-hepta-hexa-hyper-in-, il-, ir-, im-inter-intra-, intro-kilo-milli-mis-mono-multi-