Accounting year 13, Lesson guide.
Topic Standard Costing and Variances
Week 14; lesson 1
Subtopic ;Variances
• Stater [10 minutes]’
From the notes given, write five
points that favour the variance.
Learning objectives
• At the end of the lesson, you
should be capable to ;
• Differentiate the variances.
• Calculate the variances,
• Evaluating the variances
• Determine the efficiency of the
performance of the business.
Accounting year 13, Lesson guide.
Topic Standard Costing and Variances
Week 14; lesson 1
Subtopic variances
• Class activity 10 [minutes]
• From the notes given.
• Write the formula used to
calculate the following
variances.
a.Material cost variances into ;
b.Price
c.usage
Learning Objectives
• You should be capable of
performing the following.
a.Define the variances.
b.Write the formula used to
calculate the variances.
c.Describe the different variances.
d.Analysed the variances.
Accounting year 13, Lesson guide.
Topic Standard Costing and Variances
Week 14; lesson 1

Subtopic; Variance Learning Objective;

• Class activity [40 minutes]
• From the worksheet provided.
Attempt question no 4
• STANDARD COSTING.WORK SHE
ET.docx
• You should be capable of
performing the following.
a.Define the variances.
b.Write the formula used to
calculate the variances.
c.Describe the different variances.
d.Analysed the variances