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standard costing IPCC confused..pls help..

IPCC 1513 views 3 replies

please can anyone clarify whether the following standards costing variances are applicable for IPCC

-capacity variance (FOHV)

-efficiency variance (FOHV)

-calendar variance (FOHV)

-idle time variance(VOHV)

-revied efficiency varaince(VOHV)

the reason i am asking this question is there is nothing mentioned about these variances in the IPCC study material not even the formula...at the same time, it is there in padukas costing book. there are chances that these are for PE2 . please can anyone confirm.thank u.

Replies (3)
Originally posted by : JOKER

please can anyone clarify whether the following standards costing variances are applicable for IPCC

-capacity variance (FOHV)

-efficiency variance (FOHV)

-calendar variance (FOHV)

-idle time variance(VOHV)

-revied efficiency varaince(VOHV)

the reason i am asking this question is there is nothing mentioned about these variances in the IPCC study material not even the formula...at the same time, it is there in padukas costing book. there are chances that these are for PE2 . please can anyone confirm.thank u.

 I to have the exactly same doubt.

Also do we have profit margin variance and sales variance??

For IPCC/PCC exams

-capacity variance (FOHV)

-efficiency variance (FOHV)

-calendar variance (FOHV)

-idle time variance(VOHV)

-revied efficiency varaince(VOHV) are in the syllabus eventhough it is not in the module.Bcz it was asked in Nov 09 exam so its better to prepare.

syllabus regarding standard costing


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