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Standard Costs and Variance Analysis
16:25
YouTubeEdspira
Standard Costs and Variance Analysis
This video discusses the use of standard costs in Managerial Accounting. It also provides a comprehensive example to illustrate how standard costs are useful in calculating the price variance and quantity variance. — Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira ...
562K viewsDec 23, 2014
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