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Standard Costing and Variance Study – Management Accounting

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Standard Costing and Variance Study – Management Accounting, available at $19.99, has an average rating of 4.2, with 51 lectures, based on 5 reviews, and has 28 subscribers.

You will learn about Calculation of All Kinds of Variance in Standard Costing All Material, Labour and Overhead Variances Systematic Charts in Excel for Visualization of Variances Practice Exercise of Each and Every Variance For CA/CS/CWA/ACCA and any University Student around globe This course is ideal for individuals who are Beginners – For those who have Never studied Standard Costing will understand each and every concept or Intermediate – For those Students who have studied from their College/University/Institute and Still did not understood concepts there. or Experts – For those students who have knowledge and want to Polish that in a quick revision manner It is particularly useful for Beginners – For those who have Never studied Standard Costing will understand each and every concept or Intermediate – For those Students who have studied from their College/University/Institute and Still did not understood concepts there. or Experts – For those students who have knowledge and want to Polish that in a quick revision manner.

Enroll now: Standard Costing and Variance Study – Management Accounting

Summary

Title: Standard Costing and Variance Study – Management Accounting

Price: $19.99

Average Rating: 4.2

Number of Lectures: 51

Number of Published Lectures: 51

Number of Curriculum Items: 51

Number of Published Curriculum Objects: 51

Original Price: $19.99

Quality Status: approved

Status: Live

What You Will Learn

  • Calculation of All Kinds of Variance in Standard Costing
  • All Material, Labour and Overhead Variances
  • Systematic Charts in Excel for Visualization of Variances
  • Practice Exercise of Each and Every Variance
  • For CA/CS/CWA/ACCA and any University Student around globe

Who Should Attend

  • Beginners – For those who have Never studied Standard Costing will understand each and every concept
  • Intermediate – For those Students who have studied from their College/University/Institute and Still did not understood concepts there.
  • Experts – For those students who have knowledge and want to Polish that in a quick revision manner

Target Audiences

  • Beginners – For those who have Never studied Standard Costing will understand each and every concept
  • Intermediate – For those Students who have studied from their College/University/Institute and Still did not understood concepts there.
  • Experts – For those students who have knowledge and want to Polish that in a quick revision manner

This is the Best Designed coursefor Students to learn Standard Costing.

In these Sessions I have put my 6+ Years of experience of Standard Costingand created the best possible course for your understanding.

These sessions are designed in the following manner:

Firstly,you shall learn about the Concepts in a colorful Blackboard (Please see preview)

Secondly,you shall be shown Excel Visualization charts for same concept to make that concept more clearer for you.

Lastly,You shall be tested for those concepts through practical assignment, quiz or questions. 

The Content of This course shall cover following Major Variances:

1. Material Variance (All) – Cost, Usage, Price, Mix and Yield Variances

2. Labour Variances (All) – Cost, Efficiency, Rate, Mix and Sub-usage Variances

3. Variable Overhead Variances (All) – Cost, Expenditure and Efficiency Variances

4. Fixed Overhead Variances (All) – Cost, Volume, Expenditure, Capacity, Calendar and Efficiency Variances

5. Any Other Variances (If needed, Shall be updated further)

Buy the course, I am sure that you will be satisfied. But still if not satisfied then as per Udemy Policy, you can claim 100% refund.

Also If you have any doubts, you can message me and I shall solve that doubt within 48 hours so that we can improve upon that. If you have some question your textbook which you did not understood, you can share that image with me so that I can response you appropriate reply. 

Course Curriculum

Chapter 1: Standard Costing and Variance Analysis – Management Accounting

Lecture 1: Introduction About Standard Costing

Lecture 2: Organizations' Where Standard Costing System is Used

Lecture 3: Difference between Standards and Budgets

Lecture 4: Setting Direct Material Standards

Lecture 5: Setting Direct Labour Standards

Lecture 6: Setting Overheads Standards

Lecture 7: Total Cost Variance Chart and Structure

Lecture 8: Material Price Variance

Lecture 9: MS Excel Chart Visualization -Material Price Variance

Lecture 10: Material Usage Variance

Lecture 11: Excel Chart Visualization – Material Usage Variance

Lecture 12: Total Material Cost Variance

Lecture 13: Material Cost Variance – Direct Calculations

Lecture 14: Direct Labour Rate Variance

Lecture 15: Excel Chart Visualization – Direct Labour Rate Variance

Lecture 16: Understanding Total Standard Hours Produced

Lecture 17: Direct Labour Efficiency Variance

Lecture 18: Excel Chart Visualization – Direct Labour Efficiency Variance

Lecture 19: Total Direct Labour Cost Variance – Direct Calculations

Lecture 20: Variable Overhead Expenditure Variance

Lecture 21: Excel Chart Visualization – Variable OH Expenditure Variance

Lecture 22: Variable Overhead Efficiency Variance

Lecture 23: Excel Chart Visualization – Variable OH Efficiency Variance

Lecture 24: Total Variable Overhead Cost Variance

Lecture 25: Total Variable Overhead Cost Variance – Direct Calculations

Lecture 26: Important : Summarizing Material, Labour and Overhead Variance Formula's

Lecture 27: Fixed Overhead Volume Variance – Part 1

Lecture 28: Fixed Overhead Volume Variance – Part 2

Lecture 29: Fixed Overhead Volume Variance – Part 3

Lecture 30: Excel Chart Visualization – Fixed Overhead Volume Variance

Lecture 31: Fixed Overhead Volume Variance – Part 4

Lecture 32: Excel Chart Visualization – Alternative – Method Fixed Overhead Volume Variance

Lecture 33: Fixed Overhead Expenditure Variance

Lecture 34: Excel Chart Visualization – Fixed Overhead Expenditure Variance

Lecture 35: Total Fixed Overhead Cost Variance

Lecture 36: Introduction to Advance Variances

Lecture 37: Material Mix Variance Part 1

Lecture 38: Material Mix Variance Part 2

Lecture 39: MS Excel Chart Visualization -Material Mix Variance

Lecture 40: Material Yield Variance

Lecture 41: MS Excel Chart Visualization -Material Yield Variance

Lecture 42: Reconciling all Material Variances

Lecture 43: Labour Mix Variance Part 1

Lecture 44: Labour Mix Variance Part 2

Lecture 45: Excel Chart Visualization – Direct Labour Mix Variance

Lecture 46: Labour Yield Variance

Lecture 47: Excel Chart Visualization – Direct Labour Yield Variance

Lecture 48: Reconcing Labour Variances

Lecture 49: Fixed Overhead Efficiency Variance

Lecture 50: Fixed Overhead Calendar Variance

Lecture 51: Fixed Overhead Capacity Variance

Instructors

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