Standard Costing | Material Variance | Meaning | Formula | Calculation | Numerical Questions |Part-5

Описание: Standard Costing | Material Variance | Meaning | Calculation | Numerical Questions | Part-5 | Dey's Commerce | B.Com BBA MBA M.Com

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In this lecture I have been starting Management accounting chapter-6

An Introduction of management accounting for b.com/bba 6th sem students and in this video following topic includes :-

1. Meaning of Standard costing

2. Definition of standard costing

3. Scope of standard costing

4. Nature of standard costing

5. Limitation of standard costing

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Explained the concept and logic of Standard Costing. An ICAI exam question used to explain the concept of ascertainment of Direct Material Cost Variances without any formula to remember in a very easy way by simply applying the logic.

In this lecture I have started Management accounting chapter-6 Standard costing lecture-1 Concept of standard costing and Formulas of Materials cost Variance for Bcom/CA/tybcom/bba 6th sem students. management accounting bcom 3rd year

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