Standard Unit Costs

Chief Executive Officer

Standard prices of the working-units of tangible fixed assets are, amongst other quantities, required input data in order to establish minimum product prices. However, this important data is not calculated exactly, but – if calculated in conformity with outdated textbooks in use worldwide – is consistently too low. In practice one often estimates, rather than […]

License and Republishing: The views expressed in this article Standard Unit Costs are those of the author Jan Jacobs alone and not the CEOWORLD magazine.

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