What is Standard Cost?

Answer Posted / vardan jain

Standard cost in the cost which we are mentioned in the
budget for the particular job or for a particular period.

Standard cost is for standard output. It may varies from
actual cost due to cost variance and efficiency variance.

Is This Answer Correct ?    8 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is tds rate of WCT applay for sale tax ragistard company.

2056


what is portfolio Saint?

1506


what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record

1798


what is buy bach shares?

1631


Which Exchange determine Foreign ?

1590






HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?

1522


Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance

1554


service tax form no ? What is CC Limit ? What is branch accounts?

1711


What is Free Cash?

1759


how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.

1515


what are the different kinds of cash books

1614


What will be entry pass in tally if TDS paid by Credit Card.?

1589


Dear sir i had been called for ntpc interview and gd next month..please guide me for it!

2369


what is automatic payment in sap fico

1623


When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm

1690