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Variance analysis

This topic has 5 replies, 3 voices, and was last updated 4 years ago by John Moffat.

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December 4, 2019 at 8:11 pm #554977
safashaikh19
Member
- Topics: 18
- Replies: 24
Hello sir, is standard costing the same as flexed budget?
December 5, 2019 at 9:04 am #555033
John Moffat
Keymaster
- Topics: 57
- Replies: 54478
No!
Standard costing is deciding on the budgeted cost per unit.
A flexed budget is rewriting the original budget for the actual level of activity (using the standard costs).
This is all covered in my free lectures. The lectures are a complete free course for Paper FA and cover everything needed to be able to pass the exam well.
December 5, 2019 at 2:31 pm #555111
safashaikh19
Member
- Topics: 18
- Replies: 24
Oh ok thank you sir!!
December 5, 2019 at 4:33 pm #555171
John Moffat
Keymaster
- Topics: 57
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You are welcome 🙂
February 21, 2020 at 9:11 am #562587
akaniro
Member
- Topics: 1
- Replies: 4
Please give me the link to the free lectures. Thanks
February 21, 2020 at 4:11 pm #562638
John Moffat
Keymaster
- Topics: 57
- Replies: 54478
Click on ‘ACCA’ in the top bar and then click on ‘MA’.
You will get the main Paper MA page which has links to all of our free resources.
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