Module 12

Standard Costs Variance Analysis

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12.0 A Look Inside the Standard Cost Module

A quick overview of the Bridge Method that prepares you to compute and analyze variances without memorizing the formulas.

12.1 What is a Standard Cost and What Causes Variances?

Conceptual Overview and Key Definitions as your foundation for learning.

12.2 Compute Direct Materials Variance Analysis and Why

Your guide to building and analyzing Direct Materials variances in Excel.

12.3 Compute Direct Labor Variance Analysis and Why

Your guide to building and analyzing Direct Labor variances in Excel using the same method.

12.4 Compute Variable MOH Analysis and Why and The Concise Way to handle Fixed MOH

Your guide to building and analyzing Variable Overhead variances in Excel using the same method then cut to the chase on Fixed MOH.

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