Standard Manufacturing Cost definition

Standard Manufacturing Cost is a budgeted cost per unit established to facilitate inventory evaluation, planning and budgeting, which shall include: [*****].
Standard Manufacturing Cost shall include the following:
Standard Manufacturing Cost means the standard manufacturing cost --------------------------- using generally accepted accounting principles for one (1) 10 milliliter ampoule (10.6 milliliter fill), including formulation, filling and bulk packaging activities, but excluding drug substance and shipping charges. On the date hereof, such costs are estimated by ORTHO to be as follows: *****.

Examples of Standard Manufacturing Cost in a sentence

  • For the avoidance of doubt, no Taxes shall be included in Seller’s Standard Manufacturing Cost for such Railcar.

  • The Cost to Abbott for each Product purchased by Abbott from MTI under this Agreement shall be an amount equal to MTI's Standard Manufacturing Cost for the Product sold, not to exceed a maximum percentage of the appropriate aggregate Average Selling Price for the appropriate time period, calculated according to the following schedule: MAXIMUM COST (as a % of Average Selling Price) MTI PRODUCT LINE EFF.

  • Except as otherwise expressly provided herein, all calculations of Seller’s Standard Manufacturing Cost (as defined below) shall conform to and be made using Seller’s Cost Accounting Policy and Procedure, dated and current as of the Effective Date and initialed by the Parties (“Seller’s Costing Policy”).

  • Cost Centre, Classification of Cost, Overhead Cost, Indirect Expenses Vs Overheads.UNIT-II Cost Control Accounts and Integrated Accounting System- Cost Ledgers, Control Accounts, Features of an Integrated Accounting System, Journal Entries.UNIT-III Standard Manufacturing Cost and Cost Variances Definition, Differences between Historical Estimated Cost, Budgets and Standards, Types of Standards, Settings of Standards, Review of Standards.

  • The parties shall review MTI's Standard Manufacturing Cost for the Product sold for each Product and Product Line on or before September 30 of each year during the Term and establish the Standard Manufacturing Cost for the Product sold (and accordingly, the Cost for each Product) for the following calendar year at such time.


More Definitions of Standard Manufacturing Cost

Standard Manufacturing Cost shall be based on R2's then current costs (without xxxx up) to manufacture the spare parts. R2 shall maintain a supply of warranty replacement parts for the R2 Product and shall provide to GEMS such parts until the one-year anniversary of the date of termination of this Agreement, or until GEMS takes over production of the R2 Product, whichever first occurs. Installation and all other service charges are the responsibility of GEMS.
Standard Manufacturing Cost means with respect to any Product, MTI's fully allocated cost of manufacturing such Product (in accordance with QSR and the Specifications), as determined in accordance with Generally Accepted Accounting Principles ("GAAP"), consistently applied, including all direct and indirect costs related to the manufacture of such Product, including without limitation, costs for labor, materials (including, without limitation, components of such Product), quality control, regulatory compliance, manufacturing administrative expenses, subcontractors, fixed and variable manufacturing overhead costs and business unit, division or company costs reasonably allocable to the manufacture, packaging and labeling of such Product, in each case, respectively.
Standard Manufacturing Cost means with respect to any Product, MTI's fully allocated cost of manufacturing such Product (in accordance with QSR and the Specifications), as determined in accordance with Generally Accepted Accounting Principles ("GAAP"), consistently applied, including all direct and
Standard Manufacturing Cost means with respect to any
Standard Manufacturing Cost means the standard manufacturing cost per the BPCS system in Matsudo, Japan and Delkenheim, Germany and per the AMM system in Lake County, Illinois as of December 1, 2004, for application in the applicable 2005 Fiscal Year, as increased or decreased on the first day of each applicable Fiscal Year during the term of the Manufacturing Support Services Agreement by an amount equal to the percentage increase or decrease in Seller’s standard costs of manufacturing the Reagents.
Standard Manufacturing Cost for a Product means *** standard manufacturing cost calculated *** with respect to such Product according to *** and generally accepted accounting principles applied in a consistent manner with respect to all products of Abbott's Chemical and Agricultural Products Division, *** associated xxxx xxx production of such Product; provided that in calculating Standard Manufacturing Cost for such Product Abbott shall *** of any *** Cost Improvements *** shall *** of any *** Cost Improvements. If the Parties agree to jointly fund any process improvements, the Parties shall agree as to what effect to give to cost reductions resulting from such improvement in the calculation of Standard Manufacturing Cost.
Standard Manufacturing Cost for a Product means *** standard manufacturing cost calculated *** with respect to such Product according to *** and generally accepted accounting principles applied in a consistent manner with respect to all products of Xxxxxx'x Specialty Products Division as to Bulk Drug Substance and of Xxxxxx'x Pharmaceuticals Products Division as to Finished Product, including *** with the production of such Product, and giving effect to all Process Cost Improvements.