• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

standard cost

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › standard cost

  • This topic has 3 replies, 3 voices, and was last updated 6 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • February 18, 2019 at 12:05 pm #505605
    agnes01
    Participant
    • Topics: 8
    • Replies: 2
    • ☆

    sir , is there any difference between a standard cost card and unit cost? I thought it is one and the same thing,I had anticipated that a standard cost card is a list of the unit cost only to be proven wrong in the following question.

    A standard cost card shows the unit cost details only of each product. True / False

    I had selected True but the answer is false and l do not understand why.

    kindly help

    February 18, 2019 at 3:15 pm #505632
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54755
    • ☆☆☆☆☆

    The standard cost card is indeed a list of the costs for the product. However, it does not show just the unit costs, but also the breakdown.

    E.g. the standard cost per unit of materials will be shown as the standard kg per unit multiplied by the standard material cost per kg..
    The standard cost per unit for labour will be shown as the standard labour hours per unit multiplied by the standard labour rate per hour.

    February 19, 2019 at 7:08 am #505694
    goldenthandi22
    Participant
    • Topics: 22
    • Replies: 30
    • ☆☆

    this was also confusing me thank you

    February 19, 2019 at 9:10 am #505717
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54755
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘standard cost’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • olaonisegun on Chapter 13 Capital Gains Tax – Individuals – Reliefs TX-UK FA2023
  • KK41 on Types of Corporation and Ways of Formation – ACCA Corporate and Business Law (LW) (ENG)
  • tules on Discounted Cash Flow Further Aspects, Lease versus Buy – ACCA Financial Management (FM)
  • zan13898 on The Stages of an Audit – After Appointment – ACCA Audit and Assurance (AA)
  • Rajshekharrsf on Advanced Idle Time variances – Variance analysis – ACCA Performance Management (PM)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in