CA Final - SCMPE - Chapter 11 – Standard Costing

Please find attached a lecture on Standard Costing Chapter of SCMPE. Lecture covers all concepts which are extracted from regular classes. You can buy my books/classes from bharadwajinstitute.com. Contents of Lecture: 1. Standard Costing Basics + Material variances = 0:00:00 to 0:55:23 2. Labour Variances = 0:55:24 to 1:24:08 3. VOH Variances = 1:24:09 to 1:38:54 4. FOH Variances = 1:38:55 to 2:09:44 5. Sales variances – Total and Margin Approach = 2:09:45 to 2:52:34 6. Reasons for adverse variances = 2:52:35 to 3:04:20 7. Reconciliation Approaches = 3:04:21 to 3:20:37 8. Market size and share variances = 3:20:38 to 3:40:25 9. Planning and Operating Variances = 3:40:26 to 3:51:56 10. Standard Costing – Theory areas = 3:51:57 to 4:23:42 11. FOH Control Ratios = 4:23:43 to 4:27:43 12. Activity Based Costing and Variance Analysis = 4:27:44 to 4:30:36 13. Relevant Costing Approach to Variance Analysis = 4:30:37 to 4:49:27