norm cost; prescribed cost

简明释义

定额成本

英英释义

例句

1.The company decided to evaluate its performance against the norm cost 标准成本 to identify areas for improvement.

公司决定根据norm cost 标准成本评估其绩效，以识别改进的领域。

2.Understanding the norm cost 标准成本 helps businesses manage their budgets more effectively.

理解norm cost 标准成本有助于企业更有效地管理预算。

3.To enhance efficiency, the team analyzed deviations from the norm cost 标准成本 in previous projects.

为了提高效率，团队分析了以往项目中与norm cost 标准成本的偏差。

4.The project was completed under the prescribed cost 规定成本, allowing for additional funding for future initiatives.

该项目在prescribed cost 规定成本之内完成，使未来的计划获得了额外资金。

5.During the audit, the financial team compared actual expenses with the prescribed cost 规定成本 set by the management.

在审计过程中，财务团队将实际支出与管理层设定的prescribed cost 规定成本进行了比较。

作文

In the world of finance and economics, understanding various cost concepts is crucial for effective decision-making. One such concept is norm cost, which refers to the standard or average cost expected for a particular item or service under normal conditions. This type of cost is often used as a benchmark against which actual costs can be measured. For instance, if a company anticipates that the production of a widget should typically incur a cost of $10 per unit, this amount is considered the norm cost or the expected cost under normal circumstances. By comparing actual costs to this norm, businesses can identify inefficiencies and areas for improvement.On the other hand, we have the term prescribed cost, which indicates a cost that has been set or mandated by an authority, often for regulatory or budgeting purposes. For example, in healthcare, a government may establish a prescribed cost for certain medical procedures to control spending and ensure that services remain affordable. This means that healthcare providers must adhere to these set costs when billing patients or insurance companies. The prescribed cost serves as a guideline that helps maintain consistency and fairness in pricing across the industry.Understanding the distinction between norm cost and prescribed cost is essential for managers and financial analysts. While norm cost provides a realistic expectation based on historical data and market conditions, prescribed cost is often influenced by external regulations and policies. Businesses must navigate both concepts to optimize their pricing strategies and operational efficiencies.For example, consider a manufacturing company that produces consumer electronics. The norm cost of producing a smartphone might be calculated based on previous years' data, factoring in material costs, labor, and overhead. If this norm cost is $300, the company would aim to keep its production costs at or below this figure to maintain profitability. However, if the government imposes a prescribed cost of $250 for smartphones sold through public health programs, the manufacturer must adjust its pricing strategy accordingly. They may need to find ways to reduce production costs or explore alternative materials to meet the prescribed cost without sacrificing quality.In conclusion, both norm cost and prescribed cost play vital roles in the financial landscape. Understanding these terms allows businesses to make informed decisions, manage budgets effectively, and strategize for future growth. By analyzing norm costs and adhering to prescribed costs, organizations can enhance their competitive edge and ensure long-term sustainability in an ever-changing market environment. As such, it is imperative for professionals in finance and management to grasp these concepts thoroughly and apply them strategically in their operations.

在金融和经济的世界中，理解各种成本概念对于有效决策至关重要。其中一个概念是norm cost，指的是在正常情况下对特定项目或服务预计的标准或平均成本。这种类型的成本通常用作实际成本衡量的基准。例如，如果一家公司预期生产一个小部件的成本通常应为每个单位10美元，那么这个金额被视为norm cost或正常情况下的预期成本。通过将实际成本与这一标准进行比较，企业可以识别出低效之处和改进领域。另一方面，我们有prescribed cost这一术语，它表示由某个权威机构设定或强制规定的成本，通常出于监管或预算目的。例如，在医疗保健中，政府可能会为某些医疗程序设定prescribed cost以控制支出并确保服务保持可负担性。这意味着医疗服务提供者在向患者或保险公司收费时必须遵守这些设定的成本。prescribed cost作为一个指导方针，有助于在整个行业内保持定价的一致性和公平性。理解norm cost和prescribed cost之间的区别对于管理者和财务分析师至关重要。虽然norm cost提供了基于历史数据和市场条件的现实预期，但prescribed cost往往受到外部法规和政策的影响。企业必须在这两个概念之间找到平衡，以优化其定价策略和运营效率。例如，考虑一家生产消费电子产品的制造公司。生产智能手机的norm cost可能根据前几年的数据进行计算，考虑到材料成本、劳动力和间接费用。如果这个norm cost是300美元，公司将力争将其生产成本保持在这个数字以下，以维持盈利能力。然而，如果政府对通过公共卫生计划销售的智能手机施加了250美元的prescribed cost，制造商必须相应调整其定价策略。他们可能需要寻找降低生产成本的方法，或探索替代材料，以在不牺牲质量的情况下满足prescribed cost。总之，norm cost和prescribed cost在财务领域中都发挥着至关重要的作用。理解这些术语使企业能够做出明智的决策，有效管理预算，并为未来的增长制定战略。通过分析norm costs和遵循prescribed costs，组织可以增强其竞争优势，并确保在瞬息万变的市场环境中实现长期可持续发展。因此，金融和管理专业人士必须彻底掌握这些概念，并在其运营中战略性地应用。