Standard Costs and the Balanced Scorecard

Learning Concept(s)

Ideal Standards, Labor Efficiency Variance, Labor rate Variance, Management By Exception, Materials Price Variance, Materials Quantity Variance, Practical Standards, Price Variance, Quantity Variance, Standard Cost Card, Standard Cost Per Unit, Standard Hours Allowed, Standard Hours Per Unit, Standard Price Per Unit, Standard Quantity Allowed, Standard Quantity Per Unit, Standard Rate Per Hour, Variable Overhead Efficiency Variance, Variable Overhead Rate Variance

Covered in Course(s)

ACCT215 - Management Accounting