Management Accounting (MA) / FMA Syllabus Section E is Standard costing, it covers:
1. Standard costing system
2. Variance calculations and analysis
3. Reconciliation of budgeted and actual profit
The following practice questions mainly cover:
1. Standard costing system
2. Basic variance calculations and analysis
It is expected to spend approximately 20 minutes to complete.
The following practice questions mainly cover:
1. Advanced variance calculations and analysis
2. Reconciliation of budgeted and actual profit
It is expected to spend approximately 20 minutes to complete.