Cost and Management Accounting

This course highlights the topic, "Standard costing", which is an important subtopic of Cost accounting. Here, we will discuss about the variances. This is an important course for UGC NET Commerce/management examination, Mcom entrance examination, Bcom/Mcom students and other relevant competitive examinations.

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NTA-UGC-NET & SET Exams

English

Standard Costing

Accounting and Auditing

Commerce

NET Exams

In this lesson we learn about labour cost variance. Also, we learn about the labour rate variance and labour efficiency variance along with the formulae.

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Labour cost variance

Antara Mahanta

Standard Costing

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