Standard Cost Pricing

Knowledge Center


Description of Standard Cost Pricing. Explanation.




Definition Standard Cost Pricing. Description.

Standard Cost Pricing is an accountants approach to pricing wherein standard variable cost per unit are calculated by adding the total variable costs of production (materials and labor) to the cost of bought-in components and dividing the sum by the number of units produced. This type of pricing can be frequently found in manufacturing environments.

A benefit of this approach is its simplicity. Also it is fact-based. A disadvantage is the risk of underestimating customer demand and the value as perceived by the customer as important mechanisms. This may result in overpricing and underpricing. Furthermore the role of competitors is ignored. Historical accounting costs are used rather than replacement value.

Standard Cost Pricing Special Interest Group

Special Interest Group (8 members)

Standard Cost Pricing Forum  

Recent topics

  Standard Costing Objectives      
  Standard Cost in Agribusiness      

Best Practices - Standard Cost Pricing

Expert Tips - Standard Cost Pricing

Advance yourself in business administration and management

Resources - Standard Cost Pricing

Overview of Pricing and Pricing Strategies


News about Standard Cost Pricing


Videos about Standard Cost Pricing


Presentations about Standard Cost Pricing


Books about Standard Cost Pricing


More about Standard Cost Pricing


Accelerate your management career

Compare with: Cost-plus Pricing  |  Target Pricing  |  Marginal Cost Pricing  |  Penetration Pricing  |  Price Skimming  |  Perceived Value Pricing  |  Psychological Pricing  |  Discount Pricing  |  Promotional Pricing  |  Competitive Pricing

Special Interest Group Leader


Return to Management Hub: Finance & Investing  |  Marketing

More on Management  |  Return to Management Dictionary  | 


This ends our Standard Cost Pricing summary and forum.

About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2018 12manage - The Executive Fast Track. V14.1 - Last updated: 18-10-2018. All names of their owners.