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.