Quick working chart for std costing

CA N.Dhivya Lakshmi (Chartered Accountant) (515 Points)

08 September 2012  

Hi Frnds,

Std Costing is one of the most voluminous chapters in costing. On the course of learning Std Costing, we end up busy with doing calculations rather than understanding the concepts clearly.

Attached herewith is a quick revision chart whereby yu can revise as much as problems yu can without doing the basic calculations again and again. Read the question and try to figure out what amount to be filled in the green cells alone and arrive at the variances. In this manner yu can concentrate on the critical part of Std Costing rather dan jus punching ur calculator and wasting time.

Recommended only for students who are doin a revision.( Not for basic learners).