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Unfavorable price variances - PowerPoint PPT Presentation

Standard Costs 4/26/04

Chapter 10. Standard Costs 4/26/04. Predetermined. Used for planning labor, material and overhead requirements. Benchmarks for measuring performance. Used to simplify the accounting system. Standard Costs. Standard Costs are .

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986 views • 71 slides

AUDITING CHAPTER 13

AUDITING CHAPTER 13. Accounts Payable, Prepaids, & Accrued Liabilities By David N. Ricchiute. TOPICS. Relationship assertions & audit procedures Relationship audit risk, nonfinancial measures, substantive tests Substantives tests for A/P

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387 views • 28 slides

Prepared by Diane Tanner University of North Florida

Chapter 7. Variance Analysis. Prepared by Diane Tanner University of North Florida. Often performed separately for each of the four manufacturing costs Direct labor variances Direct materials variances Variable manufacturing overhead variances Fixed manufacturing overhead variances.

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250 views • 16 slides

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Unfavorable price variances - PowerPoint PPT Presentation

Standard Costs 4/26/04

AUDITING CHAPTER 13

Prepared by Diane Tanner University of North Florida