Cost accounting-standard costing
This query is : Resolved
09 June 2016
sir,,, What is the relationship between Expenditure Variance, Efficiency Variance and Capacity Variance???
Guest
Guest
(Expert)
09 June 2016
Fixed OH Cost Variance is divided in two Parts:
1]Volume Variance &
2]Expenditure Variance (Simply Budgeted OH - Actual OH) ->Kitne exp lagne the & tumne kitne lagaye?
(less actual exp is better i.e favourable)
---------------------------------------------------------------------------------------------------------------------------------------
Volume Variance ( Output based ) divided in 3 parts:
1]Calendar Variance (Jyada din kaam kiya toh achha)
2]Capacity Variance (agar machine jyada der tak kaam kare toh achha)
3]Efficiency Variance (agar kum time me kaam pura kare toh achha)
1]Volume Variance &
2]Expenditure Variance (Simply Budgeted OH - Actual OH) ->Kitne exp lagne the & tumne kitne lagaye?
(less actual exp is better i.e favourable)
---------------------------------------------------------------------------------------------------------------------------------------
Volume Variance ( Output based ) divided in 3 parts:
1]Calendar Variance (Jyada din kaam kiya toh achha)
2]Capacity Variance (agar machine jyada der tak kaam kare toh achha)
3]Efficiency Variance (agar kum time me kaam pura kare toh achha)
09 June 2016
Isn't there any common relationship formula for Expenditure , Efficiency & Capacity Variance???
Guest
Guest
(Expert)
09 June 2016
They are not interrelated..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Applicability of Ind As to associate of associate
- Filing of Form 10BB instead of Filing Form 10B
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
