standard operating profit

The budgeted revenue from an operation less the standard operating cost

Accounting dictionary. 2014.

Look at other dictionaries:

  • standard operating profit — The budgeted revenue from an operation less the standard operating cost …   Big dictionary of business and management

  • unit standard operating profit — The standard operating profit, expressed as a rate per unit of production or sales …   Accounting dictionary

  • unit standard operating profit — The standard operating profit, expressed as a rate per unit of production or sales …   Big dictionary of business and management

  • profit variance — In standard costing, the variance consisting of the difference between the standard operating profit budgeted to be made on the items sold and the actual profits made. The analysis of the profit variance into its constituent sales, direct labour …   Accounting dictionary

  • profit variance — In standard costing, the variance consisting of the difference between the standard operating profit budgeted to be made on the items sold and the actual profits made. The analysis of the profit variance into its constituent sales, direct labour …   Big dictionary of business and management

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