#2 Labour Variance Analysis ~ Standard Costing [For CA/CS/CMA/M.Com/B.Com]
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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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Пікірлер: 254
The man is a GEM 💎...we need this type of teachers in CA fraternity 🔥
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
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. 🙂
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
5 жыл бұрын
Sir is also human being I hope you can understand
@swayam8060
5 жыл бұрын
@@achikboymomin484 thank you for your community😊
@varshakhandelwal8678
4 жыл бұрын
Thanks brother...
@musicmaniyaa
2 жыл бұрын
Thnk you
@kirannegi273
2 жыл бұрын
Thanks a lot
U are one of the most amazing teacher of costing. Thankyou for your videos sir.
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.
🙏 the way you teach is outstanding. You are one of the real gems in teaching professionals. Thanks a lot for this great work. 👍🌈👏👏👏👏🙏
Sir aisa concept kbhi nhi samjha mene .... brilliant teaching and analysis on standard costing.....
Sir it's really pleasure to watch your videos...simple and nicely explained all concepts.. Namastey...
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 🙏
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
You'er an amazing teacher sir, the lectures are concise and logic is explained for every step. Thank you!!!
Absolute brilliant explanation. Like the concept of Table developing which infact is true
the happiness i get when i see that he has uploaded a video where my concept isnt clear>>>>>>
just watch material variance of sir"s lectures and enjoy labour variance .thankyou sir from heart
Thank you so much. I am student of MBA. By help of this i really understand std costing....
It's very helpful for me. Thank you sir.
Absolutely love the way how u teach nd xplain every step nd every concept. Love nd regards from Pakistan
Superb explanation Sir... Thanks a lot🙏🏻
Very easy to understand! Thank YOU!!!
Thank you for providing us clarity on this difficult topic sir!
Hats off to u sir. Upload more and more videos so that it helps students as us
Sir I became speechless really awesome teaching
awesome blossom sir, hats off to you.
GOD BLESS YOU. LOTS OF PRAYERS FOR YOUR HEALTH.
Thank you sir, for helping to needy students like me :)
Thankyou sir, you are the best teacher ever😊
Thankyou so much sir you truly are a example of a true guru🙏
Sir i literally have no words to Express my thanks to you..... Legend..... of accounts👌👌👌👌👌👌👌👌👌👌👌👌🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
Salute Sir, for your excellent explanation! May Almighty live long you!
💕😍amazing way of teaching
thank u so much sir🙏 .your lectures are very helpfull for me
Your the best knowledgeable person
Thank u so much sir for this wonderful session 🙏🙏
Yes, the car is very good for you to explain
Fantastic teaching style. Thank you for sharing :)
@akanshagupta222
3 жыл бұрын
Sir Agr me std. 1620 leti hu jo ki ryt hai.... Usse ans nhi aa Rha.... PlZzzzzz Koi help krdo
You are exceptional!!!!
Thnkuh so much sir...u r such a grt teacher.....
Well teached , thank you very much sir.
Sir ur way of teaching is awesome ❤️....God bless u
@manishguptaaudiosong9764
3 жыл бұрын
Yeah exactly 👍💕🌷
Thank you very much sir Video was really helpful
you are a GEM sir, thank you very much!!😀
very helpful, easily understood.
Ty very much sir God bless you always ❤️😊😊
Outstanding explanation sir
Amazing video sir, thanks alot, pls upload video on overhaed varaince also, pls sir it will be a great help.
Awesome sir.... Thank you so much😇
Very thanku for making this video sir very helpful
I like his way of teaching
the saviour of college goers
THANK YOU SO MUCH SIR VERY USEFUL VEDIO
Excellent 👌
Bahut badiya guru ji tussi great ho
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
5 ай бұрын
ikrrr
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
Best explanation.
Excellent sir.....
thank you very much sir you are awesome
very well explained
Best explanation...
Really sir you are amazing
very good explaination
Thanku sir for this video
Spectacular
Thank you so much sir 😇
thanks sir,, lot a thanks.... Form Bangladesh
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?
Excellent work
India me CA increase hone ke zimmedar yahi he itna acha padate he ki koi fail hi nahi hota 🤣🤣
Thank you so much sir🙏🙏
very good lecture sir
Thank you Very Much Sir
Amazing sir..
Good explained sir
Thank you 😊🙏🙏
Thank you sir🙏🙏🙏
U r Genuines sir
Thank you sir😊
Nice 👍👍👍👍
You are such a blessing,I can't ever thank you enough! ❤
@akanshagupta222
3 жыл бұрын
Sir Agr me std. 1620 leti hu jo ki ryt hai.... Usse ans nhi aa Rha.... PlZzzzzz Koi help krdo
Thanks ☺️
Thank you sir sir please or questions explain
Thankyou so much sir...love you😍😍
@akanshagupta222
3 жыл бұрын
Hello sir Jaha 405 liya hai Waha 1620 aana tha??
Thanks You Sir
sir overheads variance ka lecture bi upload kar do
Thanks Sir
Thanku sir😊
Fantastic
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.......
Thankyou sir
Main rok nahi paa raha hu ye kahe bager ki naresh sir baap hai ACCOUNTs ke cost ke
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 ?
Sir the idle time variance in book is given 1440(A). It is wrong no as they calculated it on standard hours?
Thanks you sir .but idle time variance is shown favourable
Sir please make a vedio on variable overhead
Thankyou sir ☺️
Kash ap education minister ban jao and sab ese hi padaye
too gud👌👌👌👌
Sir please upload vedio on overhead variance 🙏🙏🙏
Good sir😁