Standard costing and variance analysis - exercises

A D V E R T I S E M E N T

Exercise-1 (Computation of materials price and quantity variance)

Exercise-2 (Materials and labor variance, causes of variances)

Exercise-3 (Labor and variable overhead variances)

Exercise-4 (Materials price and quantity variance; labor rate and efficiency variance)

Exercise-5 (Working backward from materials and labor variances)

A D V E R T I S E M E N T