CMA INTERMEDIATE COURSE
NEW SYLLABUS - 2022
PAPER 12: MANAGEMENT ACCOUNTING (MA)


SECTION - D STANDARD COSTING AND VARIANCE ANALYSIS
Introduction 6
Material and Labour Variances 6.1


00:00 Introduction 6
14:38 Standard costing and Management by Exception (MBE)
27:00 Standard Cost Card
31:16 Types of Standard
35:15 Variance
36:26 Classification of Variances
39:25 Material Variances
49:55 SUM 1
1:24:17 SUM 3
1:31:47 SUM 4
1:49:20 Labour Variances
1:57:23 SUM 1
2:07:10 SUM 2