Standard Costing :: Variance Analysis : Study Notes

Material Variances Materials :: Standard/Actual/Budgeted Input/Output/Quantity/Rate/Cost Materials :: Recalculating Standard Quantity/Cost for/of Actual Output Materials :: Recalculating Standard Quantity/Cost for/of Actual Input Materials :: Revising Standards Material Variances :: Overview Material Cost Variance Material Price Variance Material Usage/Quantity Variance Material Mix Variance Material Yield Variance Material Yield Variance when there are losses Material Variances :: Formulae Review & Illustration Material Variances :: Calculating variances using cost data when quantities and prices are not known Material Variances :: Reconciliation Statements Material Variances :: Treatment in Cost Accounting Material Variances :: Accounting (Recording) Journal Entries     Labour/Labor Variances Topics Labour/Labor :: Standard/Actual/Budgeted Input/Output/Time/Rate/Cost Labour/Labor :: Standard Cost for Actual Output Labour/Labor :: Recalculating Standards based on actual output/input time Labour/Labor :: Revision of Standards Labour/Labor Variances :: Overview Labour/Labor Cost Variance Labour/Labor Rate of Pay Variance Labour/Labor Usage/Efficieny Variance Labour/Labor Idle Time Variance Labour/Labor Mix/Gang-Composition Variance Labour/Labor Yield/Sub-Usage/Sub-Efficiency Variance Labour/Labor Variances :: Formulae Review and Illustration Labour/Labor :: Calculating Variances using cost data when time and wage rates are not known Labour/Labor :: Reconciliation Statements Labour/Labor :: Treatment in Cost Accounting Labour/Labor :: Accounting (Recording) Journal Entries     Overhead Variances Topics Overheads :: Direct, Indirect Expenses Overhead Classification :: Functional (Factory, Administration, Selling, Distribution)/Behavioural (Variable, Fixed, Semi-Variable) Overhead Absorption :: Pre Determined Rates of Absorption Overheads :: Absorbed, Budgeted, Incurred : Absorption Rates, Budgeted Rates Overhead Variances :: Overview Total Overhead Cost Variance Variable Overhead Cost Variance Fixed Overhead Cost Variance Variable Overhead Expenditure Variance Variable Overhead Efficiency Variance Fixed Overhead Expenditure Variance Fixed Overhead VolumeVariance Fixed Overhead Calendar Variance Fixed Overhead Capacity Variance Fixed Overhead Efficiency Variance