Variance Analysis Simplified

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  • Опубліковано 22 сер 2024
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    Do you understand variance analysis for the CPA exam or for you managerial cost accounting course in college? This video will simplify variances for you with the 2-step approach, learning who is responsible, and how to interpret the result of the variance.
    The video uses visual learning to help you learn retain complex topics for the CPA exam.
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КОМЕНТАРІ • 11

  • @yousufownzu6902
    @yousufownzu6902 9 місяців тому +2

    Thank you for your videos. If this video helped even one person clear their exam. U have changed one persons life. Thank you.

  • @renavillaluz8783
    @renavillaluz8783 Рік тому +2

    Good job. Now I understand more clearly. Thanks for this video. ❤❤❤

  • @audreyj.swanson7381
    @audreyj.swanson7381 Рік тому +3

    I wish you guys had a video on cost accounting 😅

  • @MikeWaltonVideos
    @MikeWaltonVideos 6 місяців тому

    You sir, are a gift from god. Thank you!

  • @anson7228
    @anson7228 6 місяців тому

    This is a life saver❤❤

  • @user-lb2yq5os2m
    @user-lb2yq5os2m 11 місяців тому +1

    great job man

  • @user-nq4ff2cv4t
    @user-nq4ff2cv4t Рік тому +1

    thank you so much!!!

  • @michelquinonez9018
    @michelquinonez9018 Рік тому +1

    Thank you so much!

  • @samnajha
    @samnajha 11 місяців тому +2

    I believe your formula in step one are incorrect. It should be (Std Price - Actual price) & ( Std quantity - Actuall quantity)

    • @RefractoryPeriod
      @RefractoryPeriod 11 місяців тому +1

      I use the mantra “standard rate / actual hours” these are the 2 items they stay constant in the formulas. If you’re looking for price variance, use actual hours. If you’re looking for units variance, use standard rate.