Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is Standard Cost?

Answer Posted / kanika

Standard cost is like budgeted cost or estimates cost for a
unit.
Standard cost-actual cost=Vairance in + or - can determine
cost difference for which reason can be find out to reduce
the cost or match with standard cost.

actual cost should less or match with standard cost.

Another defination
Standard cost: cost has accured for same units or product
in past years.

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?

2066


what are the important steps to take during the conversion of an accounting system.

1931


Expand---------OTMD

2448


plz tell me short cut method in maths for clerck post in bank

2058


3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

2170


What z d diff of accounting principle,accounting standard,accounting rules,accounting procedures,accounting concepts??????

2460


what types of essays are giving in bank of america. can any one tell the opics? LAVANYA

2061


can u let me know how the bankers calculate interest on O.D.account

2100


what is differred tax liability? explain in detail with some example.

2964


what is the meaning of (PDD’s, DOD’s, CFR’s,) based on understanding of the business process

2327


Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?

3991


if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?

1838


What are the general Ledgers?

1939


define accounting,scope of account , types of account ?

3589


What is meant by Nostro Reconciliation

2141