Standard Costing and Variance Analysis - Madis.PPTVIP

下载本文档

4
0
约9.56千字
约 59页
2016-12-21 发布于重庆
举报
版权申诉

Standard Costing and Variance Analysis - Madis.PPT

1、原创力文档（book118）网站文档一经付费（服务费），不意味着购买了该文档的版权，仅供个人/单位学习、研究之用，不得用于商业用途，未经授权，严禁复制、发行、汇编、翻译或者网络传播等，侵权必究。。
2、本站所有内容均由合作方或网友上传，本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺！文档内容仅供研究参考，付费前请自行鉴别。如您付费，意味着您自己接受本站规则且自行承担风险，本站不退款、不进行额外附加服务；查看《如何避免下载的几个坑》。如果您已付费下载过本站文档，您可以点击这里二次下载。
3、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等，请点击“版权申诉”（推荐），也可以打举报电话：400-050-0827(电话支持时间：9:00-18:30)。
4、该文档为VIP文档，如果想要下载，成为VIP会员后，下载免费。
5、成为VIP后，下载本文档将扣除1次下载权益。下载后，不支持退款、换文档。如有疑问请联系我们。
6、成为VIP后，您将拥有八大权益，权益包括：VIP文档下载权益、阅读免打扰、文档格式转换、高级专利检索、专属身份标志、高级客服、多端互通、版权登记。
7、VIP文档为合作方或网友上传，每下载1次，网站将根据用户上传文档的质量评分、类型等，对文档贡献者给予高额补贴、流量扶持。如果你也想贡献VIP文档。上传文档

Standard Costing and Variance Analysis 9 Standard Costing OBJECTIVE 1: Define standard costs, and explain how standard costs are developed, and compute a standard unit cost. Standard Costing Standard costs: realistic estimates of cost based on analyses of both past and projected operating costs and conditions. Standard Costing The three components of standard costing: Standard costs, which provide a standard, or predetermined, performance level A measure of actual performance A measure of the variance between standard and actual performance Standard Costing How standard costing differs from actual costing and normal costing. Standard costing uses estimated costs exclusively to compute all three elements of product costs: direct materials, direct labor, and overhead. Standard Costing How managers use standard costs for planning and control in the management process: Planning—For budget development; product costing, pricing, and distribution Performing—For measurement of expenditures and control of costs as they occur Standard Costing How managers use standard costs for planning and control in the management process: (cont.) Evaluating—For variance analysis Communicating—For variance reports Standard Costing The primary difference between standard costing in a service organization and standard costing in a manufacturing organization is that a service organization has no direct materials costs. Standard Costing In a standard costing system, costs are entered into the Materials, Work in Process, and Finished Goods Inventory accounts and the Cost of Goods Sold account at standard cost; actual costs are recorded separately. Standard Costing The following elements are used in determining a standard cost per unit: Direct materials price standard Direct materials quantity standard Direct labor rate standard Direct labor time standard Standard variable overhead rate Standard fixed overhead rate Standard Costing How standards are developed: The direct materials price standard