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STANDARD COSTING AND VARIANCE ANALYSIS

  • 17-11-2009 2:03pm
    #1
    Unwilling
    Closed Accounts Posts: 275 ✭✭


    Outline the aims and objectives of standard costing and variance analysis;
    including the advantages and criticisms that have been put forward by both
    systems

    This is confusing me - can anyone help. It is the phrasing of the question - critisims fo both systems.
    I always interlink the two............or am I reading this wrong?

    :confused:


Comments

  • #2
    Eutow
    Registered Users, Registered Users 2 Posts: 1,197 ✭✭✭Eutow


    Unwilling wrote: »
    Outline the aims and objectives of standard costing and variance analysis;
    including the advantages and criticisms that have been put forward by both
    systems

    This is confusing me - can anyone help. It is the phrasing of the question - critisims fo both systems.
    I always interlink the two............or am I reading this wrong?

    :confused:


    Are you doing the purchasing & supply chain course Level 7. Are you doing the public procurement module, because I'm lost on it.


  • #3
    Unwilling
    Closed Accounts Posts: 275 ✭✭Unwilling


    I am I am - I am also very lost on it.

    Should we buddy up and see how we get on


  • #4
    Eutow
    Registered Users, Registered Users 2 Posts: 1,197 ✭✭✭Eutow


    Unwilling wrote: »
    I am I am - I am also very lost on it.

    Should we buddy up and see how we get on


    I think you would be better off if you grouped up with someone in your class. Get a few ideas from them and put forward your own ideas.


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