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Budget and Budgetary control

What is the difference between standard and budgeted hours


K Ashwathy

K Ashwathy

CA Inter

170

02-Jul-20

51

Answers (7)

standard hour is the time that should be taken to complete a given work ( maybe calculated based on how much time others took to do the same job). A budgeted hour is the approximate time we will take to complete the job. ( based on same work done previously).


Nithish Kumar

Nithish Kumar

CA Inter

5K+

02-Jul-20

Standard hours means expected


Thread Starter

K Ashwathy

K Ashwathy

CA Inter

170

02-Jul-20

Both r expected. There exists a thin line of difference, STANDARD-a market based nd BUDGETED-based on experience.


Nithish Kumar

Nithish Kumar

CA Inter

5K+

02-Jul-20

Thank you


Thread Starter

K Ashwathy

K Ashwathy

CA Inter

170

02-Jul-20

Thread Starter

K Ashwathy

Thank you

ð???


Nithish Kumar

Nithish Kumar

CA Inter

5K+

02-Jul-20

Yes I am understood


Thread Starter

K Ashwathy

K Ashwathy

CA Inter

170

02-Jul-20

Kk carry on! All d best


Nithish Kumar

Nithish Kumar

CA Inter

5K+

02-Jul-20

50K forums
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