管理会计案例教村0财务管理培训讲座课件.ppt

Standard Costs and Operating Performance Measures Standard Costs Standard Costs Setting Standard Costs Accountants, engineers, personnel administrators, and production managers combine efforts to set standards based on experience and expectations. Setting Standard Costs Setting Standard Costs Setting Standard Costs Setting Direct Material Standards Setting Direct Labor Standards Setting Variable Overhead Standards Standard Cost Card – Variable Production Cost Standards vs. Budgets Standard Cost Variances Standard Cost Variances Variance Analysis Cycle Standard Cost Variances A General Model for Variance Analysis A General Model for Variance Analysis A General Model for Variance Analysis Standard Costs Material Variances Example Hanson Inc. has the following direct material standard to manufacture one Zippy: 1.5 pounds per Zippy at $4.00 per pound Last week 1,700 pounds of material were purchased and used to make 1,000 Zippies. The material cost a total of $6,630. Material Variances What is the actual price per poundpaid for the material? a. $4.00 per pound. b. $4.10 per pound. c. $3.90 per pound. d. $6.63 per pound. Material Variances What is the actual price per poundpaid for the material? a. $4.00 per pound. b. $4.10 per pound. c. $3.90 per pound. d. $6.63 per pound. Material Variances Hanson’s material price variance (MPV)for the week was: a. $170 unfavorable. b. $170 favorable. c. $800 unfavorable. d. $800 favorable. Material Variances Hanson’s material price variance (MPV)for the week was: a. $170 unfavorable. b. $170 favorable. c. $800 unfavorable. d. $800 favorable. Material Variances The standard quantity of material thatshould have been used to produce1,000 Zippies is: a. 1,700 pounds. b. 1,500 pounds. c. 2,550 pounds. d. 2,000 pounds. Material Variances The standard quantity of material thatshould have been used to produce1,000 Zippies is: a. 1,700 pounds. b. 1,500 pounds. c. 2,550 pou