Variance Analysis Simplified
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- Äas pĆidĂĄn 17. 11. 2022
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Do you understand variance analysis for the CPA exam or for you managerial cost accounting course in college? This video will simplify variances for you with the 2-step approach, learning who is responsible, and how to interpret the result of the variance.
The video uses visual learning to help you learn retain complex topics for the CPA exam.
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Thank you for your videos. If this video helped even one person clear their exam. U have changed one persons life. Thank you.
Good job. Now I understand more clearly. Thanks for this video. â€â€â€
I wish you guys had a video on cost accounting đ
You sir, are a gift from god. Thank you!
great job man
thank you so much!!!
This is a life saverâ€â€
Thank you so much!
You're welcome!
I believe your formula in step one are incorrect. It should be (Std Price - Actual price) & ( Std quantity - Actuall quantity)
I use the mantra âstandard rate / actual hoursâ these are the 2 items they stay constant in the formulas. If youâre looking for price variance, use actual hours. If youâre looking for units variance, use standard rate.