Slide 1 1 Standard Costing and Variance Analysis Dr. Varadraj Bapat, IIT Mumbai Module 15 Slide 2 Dr. Varadraj Bapat2 Index Definition of standard Steps in standard costing…
Slide 1 Chapter 11 Standard Costing and Variance Analysis Slide 2 Standard costing Standard costing is a system where preset standards are used in the estimation of costs.…