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.
Suffix (name). A name suffix, in the Western English-language naming tradition, follows a person's full name and provides additional information about the person. Post-nominal letters indicate that the individual holds a position, educational degree, accreditation, office, or honor.