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standard costing

Costing

why we mix actual hrs in std hrs?


Kamal Kumar

Kamal Kumar

CA Inter

7K+

24-Jan-23 23:31

212

Answers (3)

Best Answer

Revised Standard Hours = Actual Hours rewritten in standard proportion To find RSH, we take the total of Actual Hours and split it in the standard ratio.


Varshaa M

Varshaa M

CA Final

33K+

25-Jan-23 09:52

I could not understand why we do? Can u explain the concept?


Thread Starter

Kamal Kumar

Kamal Kumar

CA Inter

7K+

25-Jan-23 13:21

For better comparison and control action.


Sudha Reddy

Sudha Reddy

CA Final

20K+

25-Jan-23 13:51

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