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standard costing-Revised Standard quantity

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 July 2010 when do we exactly calculate Revised Standard quantity?
i have been told where the total of standard mix & actual mix is different then we calculate RSQ...what does standard & actual mix means?is it related to % of the inputs used in making output or is it the units of inputs used in making output?and is it correct to say that the difference between the two may be because of normal loss?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
05 July 2010
you query same resolved
please check the link
https://www.caclubindia.com/experts/standard-costing-425565.asp
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