Variance Analysis Simplified

SdĂ­let
VloĆŸit
  • čas pƙidĂĄn 17. 11. 2022
  • Universal CPA Review free 7-day trial 👉 app.universalcpareview.com/ac...
    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.
    Facebook Groups:
    REG: / 946466415891063
    FAR: / 487842565577093
    AUD: / 191495695784203
    BEC: / 1751085555061606

Komentáƙe • 11

  • @yousufownzu6902
    @yousufownzu6902 Pƙed 8 měsĂ­ci +2

    Thank you for your videos. If this video helped even one person clear their exam. U have changed one persons life. Thank you.

  • @renavillaluz8783
    @renavillaluz8783 Pƙed rokem +2

    Good job. Now I understand more clearly. Thanks for this video. ❀❀❀

  • @audreyj.swanson7381
    @audreyj.swanson7381 Pƙed rokem +3

    I wish you guys had a video on cost accounting 😅

  • @MikeWaltonVideos
    @MikeWaltonVideos Pƙed 5 měsĂ­ci

    You sir, are a gift from god. Thank you!

  • @user-lb2yq5os2m
    @user-lb2yq5os2m Pƙed 10 měsĂ­ci +1

    great job man

  • @user-nq4ff2cv4t
    @user-nq4ff2cv4t Pƙed rokem +1

    thank you so much!!!

  • @anson7228
    @anson7228 Pƙed 5 měsĂ­ci

    This is a life saver❀❀

  • @michelquinonez9018
    @michelquinonez9018 Pƙed rokem +1

    Thank you so much!

  • @samnajha
    @samnajha Pƙed 10 měsĂ­ci +2

    I believe your formula in step one are incorrect. It should be (Std Price - Actual price) & ( Std quantity - Actuall quantity)

    • @RefractoryPeriod
      @RefractoryPeriod Pƙed 10 měsĂ­ci +1

      I use the mantra “standard rate / actual hours” these are the 2 items they stay constant in the formulas. If you’re looking for price variance, use actual hours. If you’re looking for units variance, use standard rate.