#2 Labour Variance Analysis ~ Standard Costing [For CA/CS/CMA/M.Com/B.Com]

For full course, visit: academyofaccounts.org
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Explained the concept behind Labor Cost Variances analysis and procedure to calculate all variances without any formula to remember by simply applying the logic. An ICWA / CMA exam question used to explained all the concept of ascertainment of Direct Labour Variances :
Please note that during the solution I did a small mistake while calculating standard time for skilled labour (It should be 2/4 x 810) but that is not affected the answers as final calculation is correct. I mentioned this so that student don't get confused.
This lecture covers the following analysis
1. Direct Labour Cost Variance
2. Direct Labour Rate Variance
3. Direct Labour Efficiency Variance
4. Direct Labour Idle Time
5. Direct Labour Yield Variance
6. Direct Labour Gang/Mix Variance
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Download Assignments:
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Пікірлер: 254

  • @vishwaspandey7665
    @vishwaspandey76652 жыл бұрын

    The man is a GEM 💎...we need this type of teachers in CA fraternity 🔥

  • @sharmay2043
    @sharmay20432 жыл бұрын

    he is great he is amazing he master blaster i watched the MATERIAL VARIANCE video and it was so so so so so simple now i dont need to watch this LABOUR the CONCEPT were cleared on MATERIAL VARIANCE now you just need to apply those concept here in LABOUR so Whoever came here to watch this video I STRONGLY RECOMEND you to watch MATERIAL VARIANCE then trust me you dont need to watch labour variance you will solve any question

  • @subhamchowdhury6296
    @subhamchowdhury62967 ай бұрын

    i am an MBA student. though, coming from a non commerce background, your lectures doesn't let me feel much friction in grasping the concepts. 🙂

  • @shamsdstr9331
    @shamsdstr93315 жыл бұрын

    For Standard= 2/4x810=405, Like wise all same..Sir have calculate correct but taken wrongly as 4/2 instead of 2/4..hope every one will make it clears

  • @achikboymomin484

    @achikboymomin484

    5 жыл бұрын

    Sir is also human being I hope you can understand

  • @swayam8060

    @swayam8060

    5 жыл бұрын

    @@achikboymomin484 thank you for your community😊

  • @varshakhandelwal8678

    @varshakhandelwal8678

    4 жыл бұрын

    Thanks brother...

  • @musicmaniyaa

    @musicmaniyaa

    2 жыл бұрын

    Thnk you

  • @kirannegi273

    @kirannegi273

    2 жыл бұрын

    Thanks a lot

  • @shrutirathi6567
    @shrutirathi65675 жыл бұрын

    U are one of the most amazing teacher of costing. Thankyou for your videos sir.

  • @summershaw5041
    @summershaw50415 жыл бұрын

    Sir aap Kamal ke hain . Maine aapka almost bahut videos dekha aap jis prakar unn bachchon kaa madad karte hain joh tuition ka fees afford nhin kar sakte hain , woh kabiliya taarif h. Aur na sirf aap video dete hain Balki jis prakar aap deeply clarify karte hain woh unbeatable h.

  • @kumarparimal9688
    @kumarparimal96884 жыл бұрын

    🙏 the way you teach is outstanding. You are one of the real gems in teaching professionals. Thanks a lot for this great work. 👍🌈👏👏👏👏🙏

  • @AnkitRamariya
    @AnkitRamariya4 жыл бұрын

    Sir aisa concept kbhi nhi samjha mene .... brilliant teaching and analysis on standard costing.....

  • @venkitakrishnanhariharan4496
    @venkitakrishnanhariharan44965 жыл бұрын

    Sir it's really pleasure to watch your videos...simple and nicely explained all concepts.. Namastey...

  • @rashmigautam3017
    @rashmigautam30173 жыл бұрын

    Sir you are the best teacher of world. You make very easy. Even a difficult topic you teaches in very way. Your understanding of concepts is very good 🙏

  • @urban_beast8298
    @urban_beast82982 жыл бұрын

    Thank you sir aapki videos se hi pdh k maine b.com 2nd year k exam diye h or mujhe vishvaas h ki mai psss bhi hojaunga exam se do din pehle aapki video dekhna shuru krta or ek baar mai sb smjh aajata.aapka pdhane ka tareeka bhot acha h or easily catch hojata h......again thank you so much sir..love from Sri ganganagar rajasthan

  • @praveen18ify
    @praveen18ify4 жыл бұрын

    You'er an amazing teacher sir, the lectures are concise and logic is explained for every step. Thank you!!!

  • @broodled
    @broodled3 жыл бұрын

    Absolute brilliant explanation. Like the concept of Table developing which infact is true

  • @nidhiacharya519
    @nidhiacharya519 Жыл бұрын

    the happiness i get when i see that he has uploaded a video where my concept isnt clear>>>>>>

  • @adityabhatia7861
    @adityabhatia78612 жыл бұрын

    just watch material variance of sir"s lectures and enjoy labour variance .thankyou sir from heart

  • @genesisfincorp88
    @genesisfincorp884 жыл бұрын

    Thank you so much. I am student of MBA. By help of this i really understand std costing....

  • @palakmondal2262
    @palakmondal22626 жыл бұрын

    It's very helpful for me. Thank you sir.

  • @malikusama6559
    @malikusama65592 жыл бұрын

    Absolutely love the way how u teach nd xplain every step nd every concept. Love nd regards from Pakistan

  • @geetatalreja6453
    @geetatalreja64533 жыл бұрын

    Superb explanation Sir... Thanks a lot🙏🏻

  • @RanjanPriyeRJ
    @RanjanPriyeRJ2 жыл бұрын

    Very easy to understand! Thank YOU!!!

  • @karanjyotanand803
    @karanjyotanand803 Жыл бұрын

    Thank you for providing us clarity on this difficult topic sir!

  • @VijayKumar-ll8gf
    @VijayKumar-ll8gf3 жыл бұрын

    Hats off to u sir. Upload more and more videos so that it helps students as us

  • @commerceeducare1399
    @commerceeducare13995 жыл бұрын

    Sir I became speechless really awesome teaching

  • @muktakashyap9331
    @muktakashyap93312 жыл бұрын

    awesome blossom sir, hats off to you.

  • @iqraafzal306
    @iqraafzal3064 жыл бұрын

    GOD BLESS YOU. LOTS OF PRAYERS FOR YOUR HEALTH.

  • @cmavandy33
    @cmavandy334 жыл бұрын

    Thank you sir, for helping to needy students like me :)

  • @vanshitakulshrestha4439
    @vanshitakulshrestha44395 жыл бұрын

    Thankyou sir, you are the best teacher ever😊

  • @Vloginto100
    @Vloginto100 Жыл бұрын

    Thankyou so much sir you truly are a example of a true guru🙏

  • @ishaq6024
    @ishaq60243 жыл бұрын

    Sir i literally have no words to Express my thanks to you..... Legend..... of accounts👌👌👌👌👌👌👌👌👌👌👌👌🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

  • @abuhanifkhan1670
    @abuhanifkhan16704 ай бұрын

    Salute Sir, for your excellent explanation! May Almighty live long you!

  • @mona1110
    @mona11105 жыл бұрын

    💕😍amazing way of teaching

  • @poojathakur9841
    @poojathakur98412 жыл бұрын

    thank u so much sir🙏 .your lectures are very helpfull for me

  • @teju..9092
    @teju..909211 ай бұрын

    Your the best knowledgeable person

  • @swatigupta1758
    @swatigupta17582 жыл бұрын

    Thank u so much sir for this wonderful session 🙏🙏

  • @accountingfinancechannelco7003
    @accountingfinancechannelco70035 жыл бұрын

    Yes, the car is very good for you to explain

  • @vinayabhat9701
    @vinayabhat97014 жыл бұрын

    Fantastic teaching style. Thank you for sharing :)

  • @akanshagupta222

    @akanshagupta222

    3 жыл бұрын

    Sir Agr me std. 1620 leti hu jo ki ryt hai.... Usse ans nhi aa Rha.... PlZzzzzz Koi help krdo

  • @ImpreciseFlix
    @ImpreciseFlix4 жыл бұрын

    You are exceptional!!!!

  • @zainubnaz3001
    @zainubnaz3001 Жыл бұрын

    Thnkuh so much sir...u r such a grt teacher.....

  • @anasalipiyada8837
    @anasalipiyada88372 жыл бұрын

    Well teached , thank you very much sir.

  • @varshayadav6371
    @varshayadav63714 жыл бұрын

    Sir ur way of teaching is awesome ❤️....God bless u

  • @manishguptaaudiosong9764

    @manishguptaaudiosong9764

    3 жыл бұрын

    Yeah exactly 👍💕🌷

  • @priyankachowbey1229
    @priyankachowbey12293 жыл бұрын

    Thank you very much sir Video was really helpful

  • @gratefulSid
    @gratefulSid5 ай бұрын

    you are a GEM sir, thank you very much!!😀

  • @win-adventure4495
    @win-adventure44952 жыл бұрын

    very helpful, easily understood.

  • @simransukhija3457
    @simransukhija34574 жыл бұрын

    Ty very much sir God bless you always ❤️😊😊

  • @Ayouthwithtruth001
    @Ayouthwithtruth0014 жыл бұрын

    Outstanding explanation sir

  • @mansigarg9734
    @mansigarg97343 жыл бұрын

    Amazing video sir, thanks alot, pls upload video on overhaed varaince also, pls sir it will be a great help.

  • @snithara1483
    @snithara14832 жыл бұрын

    Awesome sir.... Thank you so much😇

  • @dheerajsharma4524
    @dheerajsharma45242 жыл бұрын

    Very thanku for making this video sir very helpful

  • @kazamalikashif1578
    @kazamalikashif1578 Жыл бұрын

    I like his way of teaching

  • @furkanarora2773
    @furkanarora27734 жыл бұрын

    the saviour of college goers

  • @rukukoliya6428
    @rukukoliya64282 жыл бұрын

    THANK YOU SO MUCH SIR VERY USEFUL VEDIO

  • @anitamaurya3612
    @anitamaurya36123 жыл бұрын

    Excellent 👌

  • @AbhijeetKumar-wx3ie
    @AbhijeetKumar-wx3ie4 жыл бұрын

    Bahut badiya guru ji tussi great ho

  • @nowshadamin5748
    @nowshadamin5748 Жыл бұрын

    I am a CMA student, and I used your video as a preparation tool, which was very helpful. However, you didn't upload the standard costing overhead variance. I'm eagerly this clip.

  • @bhoomiraheja

    @bhoomiraheja

    5 ай бұрын

    ikrrr

  • @my___travelsnap
    @my___travelsnap4 жыл бұрын

    Sir there is a mistake while calculating th idle time variance , sir you have wrongly written (AT-ATW) Instead of (Atw-At) Thank u sir

  • @bhavyagarg9354
    @bhavyagarg93542 жыл бұрын

    Best explanation.

  • @ksswaroop3709
    @ksswaroop3709 Жыл бұрын

    Excellent sir.....

  • @ankitsharma-sp6fe
    @ankitsharma-sp6fe5 жыл бұрын

    thank you very much sir you are awesome

  • @jyotipataskar3200
    @jyotipataskar32003 жыл бұрын

    very well explained

  • @RAJEEVKUMAR-iq6pv
    @RAJEEVKUMAR-iq6pv5 жыл бұрын

    Best explanation...

  • @ranjeetyadavbhai007
    @ranjeetyadavbhai007 Жыл бұрын

    Really sir you are amazing

  • @mahendrajadhav6305
    @mahendrajadhav63052 жыл бұрын

    very good explaination

  • @shushilashushila454
    @shushilashushila4542 жыл бұрын

    Thanku sir for this video

  • @j5094
    @j5094 Жыл бұрын

    Spectacular

  • @All__time__fun
    @All__time__fun3 жыл бұрын

    Thank you so much sir 😇

  • @delwarhossain1595
    @delwarhossain15955 жыл бұрын

    thanks sir,, lot a thanks.... Form Bangladesh

  • @pixel5982
    @pixel59825 жыл бұрын

    Sir, if the standard output is 100 units and the time required is 50 instead of 4unit per hour the same method would be applied or it will be hours × no. of workers just like actual time method?

  • @safiasuleman4591
    @safiasuleman4591 Жыл бұрын

    Excellent work

  • @rohitkanojiya2819
    @rohitkanojiya28192 жыл бұрын

    India me CA increase hone ke zimmedar yahi he itna acha padate he ki koi fail hi nahi hota 🤣🤣

  • @aashushrivastava_mua
    @aashushrivastava_mua4 жыл бұрын

    Thank you so much sir🙏🙏

  • @joshnamahale7333
    @joshnamahale73335 жыл бұрын

    very good lecture sir

  • @rogue6070
    @rogue60704 жыл бұрын

    Thank you Very Much Sir

  • @yashjain8471
    @yashjain84714 жыл бұрын

    Amazing sir..

  • @janmejayapatra1997
    @janmejayapatra19975 жыл бұрын

    Good explained sir

  • @_bravegirljessica_
    @_bravegirljessica_3 жыл бұрын

    Thank you 😊🙏🙏

  • @sneha3451
    @sneha34513 жыл бұрын

    Thank you sir🙏🙏🙏

  • @achikboymomin484
    @achikboymomin4845 жыл бұрын

    U r Genuines sir

  • @daiahunlangmarwein470
    @daiahunlangmarwein47010 ай бұрын

    Thank you sir😊

  • @Right_Path_RP
    @Right_Path_RP Жыл бұрын

    Nice 👍👍👍👍

  • @petrichor2932
    @petrichor29324 жыл бұрын

    You are such a blessing,I can't ever thank you enough! ❤

  • @akanshagupta222

    @akanshagupta222

    3 жыл бұрын

    Sir Agr me std. 1620 leti hu jo ki ryt hai.... Usse ans nhi aa Rha.... PlZzzzzz Koi help krdo

  • @iqramunawar9988
    @iqramunawar99883 жыл бұрын

    Thanks ☺️

  • @yogitasarathe998
    @yogitasarathe9985 жыл бұрын

    Thank you sir sir please or questions explain

  • @vishnukandel8234
    @vishnukandel82343 жыл бұрын

    Thankyou so much sir...love you😍😍

  • @akanshagupta222

    @akanshagupta222

    3 жыл бұрын

    Hello sir Jaha 405 liya hai Waha 1620 aana tha??

  • @varshasrivastava5722
    @varshasrivastava57222 жыл бұрын

    Thanks You Sir

  • @RAVIKUMAR-fr5lp
    @RAVIKUMAR-fr5lp6 жыл бұрын

    sir overheads variance ka lecture bi upload kar do

  • @vinodmore5722
    @vinodmore57223 жыл бұрын

    Thanks Sir

  • @bhawnarawat9489
    @bhawnarawat94893 жыл бұрын

    Thanku sir😊

  • @harshnaik8120
    @harshnaik81202 жыл бұрын

    Fantastic

  • @delwarhossain1595
    @delwarhossain15955 жыл бұрын

    Our country haven’t like this teacher..... Please more video sir. Recently I have completed MBA. Now i study at CMA in Bangladesh the level of operation level..... Please sir can u give me more videos.......

  • @harshchopraharshchopra7767
    @harshchopraharshchopra77673 жыл бұрын

    Thankyou sir

  • @imranqureshi6720
    @imranqureshi67203 жыл бұрын

    Main rok nahi paa raha hu ye kahe bager ki naresh sir baap hai ACCOUNTs ke cost ke

  • @SamreenSamar-jz6cg
    @SamreenSamar-jz6cg Жыл бұрын

    In book, formula of labour yeild variance is = (Actual output - standard output) * standard rate per hour of work. Which formula should we follow, one taught by sir or the book one ?

  • @nishantchandra2876
    @nishantchandra28765 жыл бұрын

    Sir the idle time variance in book is given 1440(A). It is wrong no as they calculated it on standard hours?

  • @nasimsirclasses3376
    @nasimsirclasses33762 жыл бұрын

    Thanks you sir .but idle time variance is shown favourable

  • @Ria-kb1mh
    @Ria-kb1mh4 ай бұрын

    Sir please make a vedio on variable overhead

  • @Haryana_Boys_Emotions
    @Haryana_Boys_Emotions Жыл бұрын

    Thankyou sir ☺️

  • @rohitkanojiya2819
    @rohitkanojiya28192 жыл бұрын

    Kash ap education minister ban jao and sab ese hi padaye

  • @simranjuneja8301
    @simranjuneja83012 жыл бұрын

    too gud👌👌👌👌

  • @Ria-kb1mh
    @Ria-kb1mh4 ай бұрын

    Sir please upload vedio on overhead variance 🙏🙏🙏

  • @newtonsingh7399
    @newtonsingh73993 жыл бұрын

    Good sir😁

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