Standard Costing and Basic Variance Analysis (part 4)

Basic Variance Analysis: Please note that this lecture relates to Chapter 13 of the Course Notes and not Chapter 12 as stated in the lecture.

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Comments

  1. Hi,

    Why we did not include $3000 (F) Fixed Overheads volume variance into operating statement?

    • The volume variance is analysed into the capacity and efficiency variances, so you either just have the volume variance, or you have the capacity and efficiency (which add up to 3000)

  2. God bless u. It was a great lecture!!

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  4. really well explained. Thanks

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  6. Great lectures helps a lot for revision! thanks!!

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