Standard Cost
Standard Cost. Or Cost, means the cost for direct materials and labor, overhead and administration, in accordance with generally accepted accounting principles.
Found in
Masimo contract
Standard Cost. Means ALLERGAN's internal standard cost, comprising direct and indirect fully allocated costs to Manufacture Botulinum Toxin Type A at the Manufacturing Facility for supply to GSK or any of ALLERGAN's other customers (be they Third Parties or Affiliates), including without limitation the ***, determined in accordance with applicable law and U.S. generally accepted accounting principles using methodology consistently applied by ALLERGAN.
All Definitions
Found in
ALLERGAN INC contract