27. Analysis of Variance - "Material Cost Variance Introduction" from Managerial Accounting

[@devikascommercemanagement]

@1.43 please note a correction:
Compared to Standard Cost if
A) Actual Cost is less that is favourable.
B) Actual cost is more that is unfavourable.

[@hajithowfeek4677]

Yes miss... Am on a huge confuse on that still i check ur comment

[@aishwaryakhavasi8099]

Mam tysm❤...u r d only reason why i have choosen FINANCE as my specialisation in MBA..tx lotz🎉🤗😘

[@kadirvelu6122]

When the actual cost is less than the standard cost ,it is called as Favorable and vice versa.

[@devikascommercemanagement]

Thank you for your correction.

[@infoshaheen]

If more value of Actual gives us favorable, then that would not be Actual Cost but Actual Price in the Sales Variance. Cost is for material which if actual is more will give us adverse or negative variance.

[@deepikapammi]

Tqsm mam

[@noorjahanmd]

Super mam nyc explanation love from andra😊

[@devikascommercemanagement]

It's my pleasure
Good luck👍

[@singashwin]

Thanks!

[@devikascommercemanagement]

Most welcome dear Singashwin.
Glad to find your Gurudakshina 🙌

[@ashiwinisrinivas4899]

Mam if the actual cost is less than standard cost then it is favorable know mam.. because the cost has been reduced with our expected cost..

[@devikascommercemanagement]

Yes, Ashwini Srinivas.
Corrected this mistake and kept it on the pinned comment.
Thank you for your keen observation 👍

[@HoneyPrince8055]

TQ 😘 so much mam❤️

[@RR-tg9ol]

Mam kindly complete cost and management accounting all chapters with complete chapters🙏

[@mvvenu8333]

Mam one dowt least square method statistic lo miru cheppe farmula Yc=a+bx kani book lo undi £X2=ax+bx and £xy =na+bx2 whats the right

[@rahilachonyu9778]

Std cost

[@mayakannanr4861]

Madam, what is difference between material cost and material price.

[@mvvenu8333]

Mam one small dowt miru cheppe stAts and acount problem anni kuda jntuh ki varthisthaya madam

[@devikascommercemanagement]

Yes, it is applicable for all universities👍

[@tukmwinnu7836]

Mam account current, average due date method cheppandi mam

[@muthurajs2811]

Madm favourable and unfavorable are wrongly explained

[@ketanghogale7108]

❤️

[@kadirvelu6122]

3 months ago one of the viewers corrected your lecture.But even now it is not corrected.Kindly do the needful or else students will be mislead

[@devikascommercemanagement]

Corrected & kept pinned comment.
Thank you.

[@itsbunnygaming19]

Maam b. Com 4 sem corporate accounting chepandi

[@sadhusrilekha2270]

Mam plzzz say royalties account plzzz mam