NTA-UGC-NET & SET Exams
Free courses
Commerce
Accounting and Auditing
Lesson 2 of 5 • 29 upvotes • 5:08mins
With this lesson, we begin the standard costing chapter of Cost accounting. Here, we learn the meaning of standard cost, actual cost and variances. We learn about the types of variances.
5 lessons • 28m
Overview
5:01mins
Introduction to Standard Costing
5:08mins
Material cost variance (part 1)
4:45mins
Material cost variance (part 2)
7:17mins
Labour cost variance
6:19mins