Standard Costing
Definition: Assigns predetermined costs and measures variances from actual
Scope:ModerateDifficulty:Moderate
Part of: Cost Accounting
Assigns predetermined costs and measures variances from actual
StandardsIMA, CIMA
CertificationsCMA
GeographyUniversal in manufacturing
Related Subjects
See Also
- Cost AccountingPart of Cost Accounting
External Links
- Standard costing — Wikipedia