NTA-UGC-NET & SET Exams
Free courses
Commerce
Accounting and Auditing
Lesson 3 of 5 • 14 upvotes • 4:45mins
This lesson explains material cost variance and its importance. It also contains the formula and the interpretation of the variance.
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