Description

In this introductory course we explore how a company will perform variance analysis on materials and labor costs.

Course Key Concepts: Introductory managerial accounting, Variance analysis, Materials price variance, Materials quantity variance, Labor rate variance, Labor efficiency variance.

NOTE: A downloadable file ‘Chapter 5.epub’ is available for this course. To access that file, please click here to download the file and use the appropriate player like (apple books or adobe digital editions) to run the file correctly.

Other Modules of Introductory Managerial Accounting by Erik Slayter.
1. Introductory Managerial Accounting – Classifying Costs
2. Introductory Managerial Accounting – Job Costing
3. Introductory Managerial Accounting – Cost, Volume-Profit Analysis
4. Introductory Managerial Accounting – Budgeting
5. Introductory Managerial Accounting – Variance Analysis
6. Introductory Managerial Accounting – Capital Budgeting