The best replacement for standard cost is actual cost.

The best alternatives to standard cost are rated as following:
★★★★★  actual cost
★★★★  average cost
★★  current cost
★★  budgeted cost
★★  moving average
★  cogs
★  variable cost
★  weighted average
★  flexible budget
★  actual
  landed cost
  moving average cost
  normal cost
  weighted average cost

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