ACCOUNTING YEAR 13

LESSON GUIDE
standard Costing
JANUARY 2024
T
Accounting, Year 13, Lesson guide.
Topic Standard Costing. Week 13 , lesson 3

Subtopic ; fixed overhead variances Learning Objectives

• Students should be capable;

• Stater 10 minutes
a)Fixed overheads cost into;
Prepare the formula used b)Fixed overhead
to calculate the Fixed expenditures.
Overhead expenditures c)Fixed capacity expenditures
d)Fixed OH Volume
Accounting, Year 13, Lesson Guide.
Topic Standard Costing and Variances.
Week 14; Lesson3
Subtopic; Variances Learning Objectives;
• Class activity [30 minutes] • Be able to calculate
• From the worksheet provided a.Labour cost variances ‘
attempt the question 2 b.Describe the causes of
• STANDARD COSTING.WORK SHE favourable and adverse
ET.docx variances.
Accounting year 13, Lesson guide.
Topic Standard Costing and Variances
Week 14; lesson 3
Subtopics; Variances
• Class activity [20 minutes]
From the question given from the
worksheet attempt question 4&5
STANDARD COSTING.WORK SHEET
.docx
Learning Objectives
• At the end the lesson, you
should be capable;
• To calculate all variances
• Describing the causes
• Providing the suggestions