Cost Accounting Standard Costing Variances
- 1x (Normal)
Material Cost Variance4:19
Material Price Variance3:41
Material Usage Variance9:16
Case Study on Material Cost Variance5:57
Material Cost Variance for more than one Material15:20
Comprehensive Case Study on Material Cost Variance11:04
Case Study MCV more than one Comprehensive Case Study MCV28:58
Labour Cost Variance5:33
Labour Rate Variance1:40
Labour Efficiency Variance9:12
Case Study Labour Cost Variance6:20
Comprehensive Case Study Labour Cost Variance28:23
Overhead Cost Variance3:22
Production Volume Variance8:16
Overhead Expenses Variances1:32
Variable Overhead Cost Variance4:01
About This Class
Welcome to this course Cost Accounting Standard Costing Variances.
This course is an extension of Standard Costing Techniques Course.
In this course, you will learn about various Costing Variances like
a) Material Costing Variance
b) Material Price Variance
c) Material Usage Variance
d) Material Mix Variance
e) Material Yield Variance
f) Labour Cost Variance
g) Labour Rate Variance
h) Labour Efficiency Variance
i) Labour Mix Variance
j) Idle Time Variance
k) Labour Yield Variance
l) Overhead Cost Variance
m) Variable Overhead Cost Variance
n) Expenditure or Budget Variance
o) Efficiency Variance
p) Fixed Overhead Cost Variance
q) Expenditure Variance
r) Volume Variance
s) Efficiency Variance
t) Capacity Variance
u) Calendar Variance.
This course is structured with an intention to equip you for professional accounting / finance courses world wide.
This course is structured in self paced learning style.
Video lectures are used for delivering the course content.
Welcome to this course once again and all the very best.
I am a Chartered Accountant with tonnes of passion for teaching.
I teach Financial Management for Chartered Accountancy and Cost and Management Accountancy students in Ernakulam,India. and I teach 100+ Finance, Accounts, Costing, Banking, Credit Analysis, Statistics, etc. in Skillshare.
I also hold
- Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune
- Bachelors in Commerce, from Loyola College, Chennai.
I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice.
During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in
a) Financial Analysis
b) Risk Assessment
c) Viability Study
d) Evaluating business models
e) Project Finance
f) Working Capital Management, etc.
I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like
a) Project Finance
b) Credit Risk Assessment
c) Entrepreneurship Development
d) Finance for Non Finance Executives
e) Burning Desire for Entrepreneurship
I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.