hssiqnmul

Name tlashna Sinqh

Class BBA
Oivisieu A
Semesteh 2
Roll No. -

Subject Managemut Rccountirq

Wite note on odvantages and Bimitations of

of
StondardCasting
Stonclard Costir aPiedetermined or expectd
Cost shich deerminescohat e0ch Poduct
Benuce Bhould Cost undeqive Conditisu.
In othenwordsitàtho epeckes_Lsst
Producing uluwrt. It , in lect,
budaet for au unit.
Stanclad Costingmay be olelinoobasicaly
as technjgw
a
Cost acournting
cohich Compars Aaskauclard t q
each Pacuct o enui coih tho ackal
Cost
o
todetemi'no
that
h
deucy
SRmeolalactiou may3 dakeu
immeoicalels.
oduantcAe of Staudasd Costing

CompiirgStaudard Costs_more Carefully-au

elimina dhu coeasnav h traolitaua
Cotr 2y8teu.
Staudard loss (au be usRel OsO4adstick
against ohich actad(osts au be
Combardtt wau diue tool fo
flonninaPuduth"du Cats Heuu Cost

Contaol - eatly aiitalkd

Vanianaanalysts
ulan0L wll
hels mauagimau
ao bet
p-hawe
haue
Chsdhs COue
inCudad.It maes tho appli cafi o
d u Poinciple amauagImoLt
exceptiou moat Thd , thg mhiapu
Cau ConcetraleiB attenhou Vasyan
G l ,leauing ho othe asped (03
Covntaol to be ta Keu Caru dhu
dhu
lowen evel

a aluable guids to mauagpmout

n tho osmulahu Psocdudtio aud
pica pdities in adwduce uith lddnt.
Itals0 OsisHmauagemeuk in th
aiob potplairüng poctud
paiuing inveutoaypaiirg et
StauolanoCasting nakes dh puting
opetina olda mofe maarung w a
dlbo fast This mukes thonterpattahi
muage mut upojts

tho Cuphas's taudard (asting

Ou Caot
More uuah uSit-makex hu
euhre 0ag0ni2tiou st (ausu C
makey euploy eisto 9l0gnize
th inmpost ans
eliet speraho Ao
thatlash (aube suduce byoindt
oat
Hachinso Nalerials u be hy
wsecd Qud économie (au beelected în
CioloUhou to intuosco Papdutruity, Staulara
mouu awo be wMo Q dh basi
inucucngincuiue Ahelue. LOQSOG a
inCyueuy a autaireel, elminated ad
dluwal fn all aspeckb_ manuathuu
Oven a Peucd hh
iAtaudard Casting in(ortinutus
o atiou

Hanagemeut oCoaily in
Hhootg Vdan cE analuysis uprspusibiuty
Vauanu analtsis
au delenminsh
petguA
ea th vauânce_ hiphng or uspaunibleps
ewcdling
ispsusibltitya-not A0 ule
this Ayotiu.

Aimitatisus 8taudar loshrga

Setting 8tauoladsis a ve diiulh
toskIt S ires a t dceui fic Atzaltes
Auh as
timoStuoly mötiouAtio
anigeu Atudls etcad the/ost i
ve losty Srall
esu dicult to e a Auh
gstem.
Stonclasd a vey uigicl etfmate aud
onu et a not dhauGpoleo C
Considlesable tim This rakes ho
anclaulohghly4unrealist'c in_lertain
inolustai , hick uchuatios T
pDcluchb olulho ragusut choues
inmouëual auol labou lostr
The utilityvariancA aualysisclpead
much moie u thu Ataudlasols Set.
while a locely Aet tauolad may
be suiciculeo dhe vesuy high standwco
may ustsahsu nthu minols
At dheSamtimo Aettinq
Coadect &tauudar IS also
atiut
 nclustaies P3oducir
It not uitable fos
Producb. It
non Standadizeo
He valuu in JohC
Conoad
Ccastiny
dhis
Also t aiuls 0Pply
ak _m9at
bustem whu otclu chou
thaun aCcountng peuicsd

fix ak eu Sraopesibiih to partrulon

becomes
perbe proce C PoD cluch
oub t maynot be
bpe
veu ou ult Hu Contaollable
fossibte tu cleutily
aud n on Contaall ablë
actos eastly
Normally dho Systeun i
opposEA by mauagrs aud ohers
oib dhoy
their elu actiou Staudado
moy Komutinls CuaR aolwerse
Psyeholegical e r h & managers
CLuol O0kes oho au opehating
System

Wrik a ddailed note u Votuanu Analsi

Naruance analyssau be summafRd a
auanalysis codh dieuu Jsekoeonu Planna
auo actual niumbes dum all
VQuancLA qlves Q
pictuu he cverall
Cvera/
ove-Perfoomauco co d e
peyoonanu oo
item,
Pavitulan sepoatingpeafccl fo ech
tem CombanYes oUse dhuir a voaabf Gky
b Lcmpaung actua Casb 3 Staudald
C in du Ynolustby.
tos exauuple, i tho ackual Cosb is
lotoen Hau
SQ ateuals fauolandCotCot
, asumurg ths
 volume
matetialsit cooulo leuo to
a
+avoaable Paice viant Ci.e Cost
Souings
Hoede dhoStaudard uordity cas
1c000 pfec makiala au 15,000
pfews wer 9E&9 ire in Psoductigu,
hisCwculd unfavosable quordity
vauanabecaue mo makials_wer
wseol dhau auhicipakd.

Wite a dltailea note cu Break Eveu

Fofat
In accuting, u baeak eveu Point slers to
the amowt o lueuul necepay to Coven ho
Aotcd eeol
eod aud vaiableepenes inueol
bya Company Loithin a Apeufreo tim
period This rouenuCould be stalt_in
monttanyterms as ths numbe u n i t
sold o aA howrs
Setuices pDvideo.
Tht btaK ewe
poin albo Can be Consiclered
as thpoint in tims coheu rvenuo&ast
exa cty e9ua to tho etimaed tota Costi.
This twhers
aud ib
aCobanuy's loen en
preisAtart oaccumudqte.
Ht 1hs Poin a
preect Potduct c buoine
fnandallyviable
Aldhouoh tdoeb notAelm ke much
a bustne Qcal, bauking eveu Qu impoxtand
Poivt Stolohenco oarante prlemisualo
A Company0 pheiek3 bak eveu point
give aaluable bencmank hat helps do
cleuelop1oug term buainem plans. Knowing yow
baak eueu poindso0 Key OvaA keSales,
investmeut Sopaymeiuh uductioy audl
spehahigwhelpscu delehminl PUng
olebt s`uidng Qud Glhen aperahieud
pstduchs
apech y o businis.
 Ou Knoto ow beak eveM poinH,it

he dilerent
bui rneM
Pot eia sd ees
ina businmnot osly
o
inveatoX
C0antto Knoo thu utun fo expect uu
heir Investmauts but albo dho Point
coheu oill 9Lalizee his ruwnn.
his som Combani e ma
toke
belpat tunning pxlit
Cole osih9 mou in M
Months yea belo Dreahin
eueu fo dhis NOAGUu batakeved

poi'no Qu ipoatant Pant

anu buninum Plau pkaeued to
potubal investus