This is the third video lecture on ‘cvp analysis charts and graphs chapter’. In the previous lectures we learned how to construct breakeven charts. In this lecture you will learn how to draw P/V chart. It is assumed that you have watched previous lectures. (If not click here)
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There are two types of variances in case of labour. 1) Wage Rate Variance If the variance is occuring due to the difference in wage rates (Actual v.s Standard), then it shall be called wage rate variance. 2) Labour Efficiency Variance Efficiency relates to the labour hours. Let us suppose that we Continue reading “Variance Analysis :: Labour Variances” → In this lecture formula for Material Variances are given. You can print them. These formula have been simplified, and are easy to remember. If you have any question or complaint, feel free to comment below.You can download this Tutorial by right clicking on the picture and save target as Continue reading “Variance Analysis | Material Variances” → Watch the tutorial and Learn how to draw break even chart. Don’t forget to leave a comment below.If you have any question, or suggestion, you can ask below in the comments area Continue reading “Video Lecture::: CVP Analysis Break Even Chart” → This is part 3 of the topic “General and Factory Ledger”. To see part 1 click here, and for part 2 click here. You can download this Tutorial by right clicking on the picture and save target as Continue reading “General Ledger Factory Ledger Part 3” → Different FOH variances and their formula are given below In the Pictorial printable lecture. A check to ensure you have done the question right is also given.You can download this Tutorial by right clicking on the picture and save target as Continue reading “Variances|Factory Overhead” → There are two types of rates. What is Capacity? A capacity is that amount of plant and machinary and personell with which a manger plans to conduct a business. What is Volume? Volume which is variable factor in business, is another name of Activity. What are types/levels Of Capacity. There are four levels of capacity, namely (1) theoratical, (2) practical, (3) expected actual and (4) normal. |
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