Purchase Price Variance
Praveen kumar (Accountant) (53 Points)
06 November 2020
Purchase Price Variance is comes under which account head for manufacturing industry
3 Replies
sabyasachi mukherjee
(27797 Points)
Replied 07 November 2020
Purchase price variance is a seperate concept under standard costing.
Praveen kumar
(Accountant)
(53 Points)
Replied 07 November 2020
Ok, But it comes under which account head???
sabyasachi mukherjee
(27797 Points)
Replied 07 November 2020
Standard Costing is a seperate subject and a different mangement tool used to analyse variances in profit budgeted and actual profit.
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