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Standard Costing Techniques
13 Lessons-
StartIntroduction to Standard Costing Techniques
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StartStandardd Cost Definition
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StartSetting up of Standard Cost
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StartStandard Costing Definition
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StartPhysical Standards
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StartMaterial Quantity Standards
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StartLabour Time Standards
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StartProblems in setting physical standards
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StartOverhead Standards
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StartTypes of Standards
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StartNeed for Standard Costing
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StartProcess of Setting Standards
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StartTypes of Variances
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Standard Costing Variances
17 Lessons-
StartIntroduction to Standard Costing Variances
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StartMaterial Cost Variance
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StartMaterial Price Variance
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StartMaterial Usage Variance
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StartCS Material Cost Variance
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StartComprehensive Case Study on Material Cost Variance
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StartMCV more than one material
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StartComprehensive Case Study MCV
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StartLabour Cost Variance
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StartLabour Rate Variance
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StartLabour Efficiency Variance
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StartCase Study Labour Cost Variance
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StartComprehensive Case Study LCV
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StartOverhead Cost Variance
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StartProduction Volume Variance
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StartOverhead Expenses Variances
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StartVariable Overhead Cost Variance
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Online Course on Standard Costing
Online Course on Standard Costing
Course Summary
Welcome to this Online Course on Standard Costing
In this course you will learn :
1.Introduction to Standard Costing Techniques
2.Standardd Cost Definition
3.Setting up of Standard Cost
4.Standard Costing Definition
5.Physical Standards
6.Material Quantity Standards
7.Labour Time Standards
8.Problems in setting physical standards
9.Overhead Standards
10.Types of Standards
11.Need for Standard Costing
12.Process of Setting Standards
13.Types of Variances
14.Introduction to Standard Costing Variances
15.Material Cost Variance
16.Material Price Variance
17.Material Usage Variance
18.CS Material Cost Variance
19.Comprehensive Case Study on Material Cost Variance
20. MCV more than one material
21.Comprehensive Case Study MCV
22.Labour Cost Variance
23.Labour Rate Variance
24.Labour Efficiency Variance
25.Case Study Labour Cost Variance
26.Comprehensive Case Study LCV
27.Overhead Cost Variance
28.Production Volume Variance
29.Overhead Expenses Variances
30.Variable Overhead Cost Variance
Course Curriculum
CA N Raja Natarajan
I am a Chartered Accountant with tonnes of passion for teaching.
I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.
I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.
I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.
I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.
