Standard Costing (Fast Track) - Prof. Mayuresh Kunkalienkar (English) for May 21, Nov 21
CA | CA INTER FAST TRACK
Expire On: 30 Nov 2021
Cost Control is one of the objectives of Cost Management. Management of an organisation setups predetermined costs to compare the actual cost with the predetermined cost. Predetermined costs are standards costs used for cost control and performance evaluation. Standard Costing is a method of cost and management accounting which starts with setting of standards to reporting of variances to management for taking corrective actions. This is applicable for May/Nov 21 exams.