Examples of Standard unit in a sentence
Unit of Measure Standard unit or system of units by means of which a quantity is accounted for and expressed (e.g., each, set, box, case, etc.) Unit Price The cost of one unit of measure of an item.
This valuation determined the original cost using one of the following methods: Use of historical records where available. Standard unit costs appropriate for the construction/acquisition date. Present cost indexed by a reciprocal factor of the price increase from the construction/acquisition date to the current date.
In such an event the variation in the weight of the individual unit shall however be within (+) or (-) 10% of the weight of the sections (Standard unit) furnished in the drawing.
This valuation determined the original cost using one of the following methods: • Use of historical records where available.• Standard unit costs appropriate for the construction/acquisition date.• Present cost indexed by a reciprocal factor of the price increase from the construction/acquisition date to the current date.
Standard unit designs for common facilities assist larger contracting options, and reduce load on supervisory and adjudicative agencies.
Standard unit of measurement Units of measurement Prohibition of use of certain units of measurement Equivalence of certain units(2) The Minister may, by statutory instrument, make provision for the granting of exemption from any of the provisions of subsection (1), for a specified time and a specific area of activity.
Standard unit for counting containers of various capacities and for describing the capacities of container ships or terminals.
In this case the formula for calculating mix variance is: Standard cost of standard mix – Standard cost of actual mix.(Standard Price x Standard Quantity) – (Standard Price x Actual Quantity) Or Standard unit cost (Standard Quantity – Actual Quantity)In case standard quantity is revised due to shortage of one material, the formula will be equal to Standard unit cost (Revised Standard Quantity – Actual Quantity).
This valuation determined the original cost using one of the following methods: • Use of historical records where available.• Standard unit costs approach for the construction/acquisition date• Present cost indexed by a reciprocal factor of the price increase from the construction/acquisition date to the current date.
Standard unit cost tables were prepared based upon a project’s completed history.