Boost Your CPA Exam Score: Direct Labor Variance Explained with Examples | Maxwell CPA Review

Welcome to Maxwell CPA Review!In this video, our founder, Kyle Ashcraft, will guide you through the world of labor variance in cost accounting. This video breaks down price and efficiency variances, showing you how to determine if your labor costs are on track. Perfect for accounting students and CPA exam prep! Get more tips and resources with our free weekly email. Watch now to simplify these key accounting concepts!
This video is part of a larger cost accounting course that you can find in the link below. Don’t forget to sign up for our free weekly email for more CPA tips and articles. Enjoy the video!
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In this video, I walk students through the difficult BEC concepts of direct labor variance analysis. I hope you enjoy it!
0:00 - Video Intro
0:23 - Intro to Two Types of Direct Labor Variance
1:56 - Example of Direct Labor Variance
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[@ayanamariemia]

Listening to this in car and I actually understood😊

[@MaxwellCPAreview]

That’s so great to hear, thank you!