Definition. An estimated or predetermined cost of performing an operation or producing a good or service, under normal conditions.Standard costs are used as target costs (or basis for comparison with the actual costs), and are developed from historical data analysis or from time and motion studies.usiness usually provide their services to their customers using the business's past work history to provide the customer with a typical or standard cost for the service. 8 people found this helpful.
de-, prefix meaning to do the opposite, away, off, to remove entirely, down or from: decapitation, decartation, dedentition.Prefix meaning away from, cessation, without; sometimes has an intensive force.e-, prefix meaning to do the opposite, away, off, to remove entirely, down or from: decapitation, decartation, dedentition.
Full Definition of PREFIX. 1. : an affix attached to the beginning of a word, base, or phrase and serving to produce a derivative word or an inflectional form â compare suffix. 2. : a title used before a person's name.