standard cost price (n)~ The normal or ideal cost that is used as a comparison to the actual cost. For manufactured items standard cost price includes labor materials and overhead. For purchased items standard cost price includes purchase price plus transportation and other fees.
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standard cost price (n)~ The normal or ideal cost that is used as a comparison to the actual cost. For manufactured items standard cost price includes labor materials and overhead. For purchased items standard cost price includes purchase price plus transportation and other fees.
