standard cost revision

简明释义

标准成本的修正

英英释义

例句

1.The standard cost revision process will help us identify areas where we can reduce expenses.

进行标准成本修订的过程将帮助我们识别可以减少开支的领域。

2.A standard cost revision was required due to significant fluctuations in raw material prices.

由于原材料价格的显著波动，需要进行标准成本修订。

3.The finance team conducted a standard cost revision to ensure accurate budgeting for the upcoming fiscal year.

财务团队进行了标准成本修订，以确保即将到来的财政年度预算的准确性。

4.After reviewing the production data, management decided that a standard cost revision was necessary to reflect current market conditions.

在审查生产数据后，管理层决定有必要进行标准成本修订以反映当前市场状况。

5.During the quarterly review, the team presented their findings on the standard cost revision they implemented last quarter.

在季度审查期间，团队展示了他们上个季度实施的标准成本修订的发现。

作文

In today's competitive business environment, companies are constantly seeking ways to improve efficiency and reduce costs. One of the key strategies employed by organizations is the practice of standard cost revision. This process involves updating the standard costs associated with producing goods or services to reflect current market conditions, labor rates, material costs, and overhead expenses. By regularly revising these costs, businesses can ensure they remain competitive and profitable. 标准成本修订是指根据当前市场条件、劳动力费用、材料成本和间接费用等因素，更新与生产商品或服务相关的标准成本的过程。 The importance of standard cost revision cannot be overstated. It allows firms to identify variances between actual costs and standard costs, enabling them to pinpoint areas where inefficiencies may exist. For instance, if the standard cost of a product is set at $100, but the actual cost rises to $120, the company must investigate the reasons behind this discrepancy. Is it due to increased raw material prices, higher labor costs, or perhaps inefficiencies in the production process? By understanding these variances, management can take corrective actions to mitigate losses and improve overall performance. Moreover, standard cost revision plays a critical role in budgeting and forecasting. When preparing budgets, businesses rely on standard costs to estimate future expenses. If these costs are outdated, it can lead to inaccurate financial projections, which can have serious implications for strategic planning. For example, if a company budgets based on old standard costs that do not reflect current market realities, it may find itself underfunded or overextended. Therefore, regular revisions are essential for maintaining accurate and reliable financial forecasts. 标准成本修订在预算和预测中也起着关键作用。当企业编制预算时，往往依赖标准成本来估算未来的开支。如果这些成本过时，就可能导致不准确的财务预测，从而对战略规划产生严重影响。Furthermore, standard cost revision can enhance decision-making processes within an organization. Managers use standard costs as benchmarks to evaluate the performance of different departments and employees. By comparing actual results against revised standards, they can make informed decisions regarding resource allocation, pricing strategies, and operational improvements. For instance, if a particular department consistently exceeds its standard costs, management may decide to investigate further or implement new training programs to enhance efficiency. This proactive approach can lead to a culture of continuous improvement within the organization. In conclusion, the practice of standard cost revision is vital for modern businesses aiming to thrive in a dynamic marketplace. It not only helps in identifying cost variances and enhancing budgeting accuracy but also supports informed decision-making. By regularly updating their standard costs, organizations can better position themselves to respond to changes in the market and maintain a competitive edge. Therefore, implementing a robust 标准成本修订 process should be a priority for any organization seeking long-term success.