Our Explanation of Standard Costing uses an easy-to-relate to example for illustrating a manufacturer's standard costs and variances. Also provided is a chart which indicates each variance, what it tells you, and where the variance will end up.
This 20-question quiz is a fast way to assess your understanding of the Standard Costing Explanation. It's also a great warmup for our Quick Tests.
We've answered 48 popular questions related to the topic Standard Costing. Review them all or use the search box found at the top of each page of our website for your specific questions.
If you find Standard Costing terminology difficult, this Word Scramble will provide clues (scrambled answers) to assist you.
We created this crossword puzzle for you to learn, review, and retain terminology for the topic Standard Costing in a more fun format.
We created this crossword puzzle for you to learn, review, and retain terminology for the topic Standard Costing in a more fun format.
Our Guide to Managerial & Cost Accounting contains highlights for 30 different topics. This is a helpful, relevant, and easy-to-read study resource as it reflects the AccountingCoach's many years of teaching and business consulting.
Our business forms include five forms to assist with standard costing and the related variances for materials, labor, and manufacturing overhead. All of our business forms contain an Excel template, a blank PDF form, and a filled-in PDF form.
This graded 40-question test is the best way to test your understanding of the topic Standard Costing. Our quick tests will help you discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.
This graded 35-question test is the best way to test your understanding of the topic Standard Costing. Our quick tests will help you discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.
We now offer 10 Certificates of Achievement for Introductory Accounting and Bookkeeping. The certificates include Debits and Credits, Adjusting Entries, Financial Statements, Balance Sheet, Income Statement, Cash Flow Statement, Working Capital and Liquidity, Financial Ratios, Bank Reconciliation, and Payroll Accounting. Click here to learn more.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.
