standard price unit
1Unit of account — A unit of account is a standard monetary unit of measurement of value/cost of goods, services, or assets. It is one of three well known functions of money. It lends meaning to profits, losses, liability, or assets. The accounting monetary unit of …
2Price Variance — The materials price variance (Vmp) is computed as follows::Vmp = (Actual Unit Cost Standard Unit Cost) * Actual Quantity Purchasedor:Vmp = (Actual Quantity Purchased * Actual Unit Cost) (Actual Quantity Purchased * Standard Unit Cost).When the… …
3unit price — noun : a price quoted in terms of so much per agreed or standard unit of product or service agreed to take the gravel at a unit price of 50 cents a yard often : an inclusive price quoted to cover all incidentals (as transportation or… …
4standard — ▪ I. standard stan‧dard 1 [ˈstændəd ǁ ərd] noun 1. [countable, uncountable] a level of quality, skill, ability, or achievement by which someone or something is judged, and that is considered good enough to be acceptable: • The airline has… …
5unit — n. 1 a an individual thing, person, or group regarded as single and complete, esp. for purposes of calculation. b each of the (smallest) separate individuals or groups into which a complex whole may be analysed (the family as the unit of society) …
6Unit block — A unit block is a type of standardized wooden toy block for children. Known also as standard unit blocks or Kindergarten blocks, these building blocks are common in preschools and some Kindergarten classrooms in the United States.izesA unit block …
7unit standard selling price — The standard selling price, expressed as a rate per unit sold …
8unit price — noun The price of a standard amount of a good, as of weight or volume …
9unit pricing — the system of indicating the cost of a consumer product in terms of a standard unit of measure, as so much per pound, quart, or yard, in addition to the price per can, bottle, or piece. [1965 70] * * * …
10Gold standard — For other uses, see Gold standard (disambiguation). Under a gold standard, paper notes are convertible into pre set, fixed quantities of gold. The gold standard is a monetary system in which the standard economic unit of account is a fixed mass… …
