AS/A Level Accounting - Standard Costing - Part 1 (Sales Variance)

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The video introduces you to the concept of standard costing and then sales variance is discussed in detail with an example.

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The entire syllabus for AS/A Level will be covered through the following video series and students can revise using these videos for the forthcoming examination.
Watch AS / A Level Financial Accounting videos:
Watch AS / A Level Managerial Accounting videos:

Before starting your AS/A Level journey, ensure you have a strong understanding of the IGCSE concepts. Access our free IGCSE lectures on Accounting here:
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keep on making such videos sir may God bless you

MunroeMuundjua
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Thank yu sir ...May your Lord bless yu 🤗

nickymajoka
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When calculating sales price varaince why do u multiply the formula with actual qty and not budgeted qty? isn't it supposed to be budgeted bcs we are looking at the change in price? if we take actual qty, doesnt the variance also include the qty change?

sugomadicc
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Can u put a video on clubs and societies

arohivaghani
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you said never to calculate variance with budgeted data but standard data and then in case of sales variance you calculated with the budgeted data... can you explain this part sir?

faiyazrahman