Standard Costing - Material and Labour Variances

[@chandajere9586]

Thank you very much, I have noticed you haven't uploaded any content lately, your explanations are easy to understand and remember as opposed to remembering lots of formulas.

[@managementaccountingmadeea5236]

Thank you so much for the compliment. I'll be uploading soon.

[@tracy5semakula550]

well explained

[@managementaccountingmadeea5236]

Thank you Tracy

[@azhadirfanahmadkamil604]

is there any eror in the calculation

[@azhadirfanahmadkamil604]

in 4:33min

[@managementaccountingmadeea5236]

@@azhadirfanahmadkamil604 No there is no error, can you tell which one you are mentioning. Thanks

[@azhadirfanahmadkamil604]

Management Accounting Made Easy when 900 units time 7 dollar?

[@managementaccountingmadeea5236]

@@azhadirfanahmadkamil604 Thanks, the description shows the updated figures (standard price = $6,300, actual price = $6,000 (not $60,000), variance = $300 (F))

[@azhadirfanahmadkamil604]

@@managementaccountingmadeea5236 thank you for the explanation ;)