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Category Archives: Standard Cost

Standard Cost Versus Actual Cost: Which is Best?

Posted on by Michael Fournier

The second part of our continuing series on standard cost, in this video Alan Stratton compares Standard vs. Actual on his blog CostMatters. Click link to view video: Standard Cost Versus Actual Cost: Which is Best?

Posted in Actual Cost, Standard Cost
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Standard Costing – Not Always Right

Posted on by Michael Fournier

Years ago, when I was new to cost accounting, or if you prefer, it was new to me, I worked for a manufacturing company that produced pressure washers.  We made about three models that we sold to home improvement stores, … Read More >

Posted in Standard Cost
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