Standard costing - Revision history

DavidWashington: minor updates

2012-08-20T22:42:48Z

minor updates

Dienstl-Arnegger at 14:24, 11 April 2012

2012-04-11T14:24:43Z

118.97.237.42: MncwaTJFYHozyz

2011-08-12T15:12:12Z

MncwaTJFYHozyz

84.241.52.218: vuHTDNQsfoUDFGdnb

2011-08-11T19:44:32Z

vuHTDNQsfoUDFGdnb

220.88.69.93: /* Source */

2011-08-11T12:22:41Z

Source

Thomka at 20:48, 12 January 2011

2011-01-12T20:48:04Z

Markus Berger-Vogel: /* IGC-DEFINITION */

2010-12-14T07:31:04Z

IGC-DEFINITION

Markus Berger-Vogel: /* IGC-DEFINITION */

2010-09-01T11:07:46Z

IGC-DEFINITION

Markus Berger-Vogel: New page: == IGC-DEFINITION == '''Standard costing'''
Standard costing is a cost accounting method where all input and output units are always calculated at standardised rates. Supplies from sto...

2010-08-25T07:20:56Z

New page: == IGC-DEFINITION == '''Standard costing'''<br> Standard costing is a cost accounting method where all input and output units are always calculated at standardised rates. Supplies from sto...

New page

== IGC-DEFINITION ==
'''Standard costing'''<br>
Standard costing is a cost accounting method where all input and output units are always calculated at standardised rates. Supplies from stock are valued at the standard purchase price and outputs from cost centers at the planned cost rate. This has the great advantage that in the comparison between budgeted and actual figures variances, which have occurred in upstream systems do not appear in downstream systems. In this way the requirement of responsibility accounting is met, whereby only those costs are shown that can be influenced.<br>
The standard product costs derive from preliminary costing. On a unit basis, they are calculated by multiplying the materials required (standard quantity) with the corresponding standard material prices as well as the working hours (standard hours) with the appropriate proportional cost rates. They therefore express what the single product will incur in the way of output-related costs. In the preliminary calculation the standard product costs are calculated in terms of a specific order, i.e. according to exact specifications from the customer but with standard prices and budgeted cost rates. So any difference that may arise is to be attributed only to subsequent changes in the order.

from: [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)]

== Source ==

[http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010]

← Older revision		Revision as of 22:42, 20 August 2012
Line 11:		Line 11:

	[[Category:Planning]]		[[Category:Planning]]
		+
		+	== The World Waits For You ==
		+
		+	Its so easy to give up on our dreams; its so easy to do what everybody expects us to be doing; its so easy to blend in, to be like everybody else, just another person in the crowd, having nothing interested to say, nothing interesting to show, nothing interesting to share with the world. Its so easy to stay in our comfort zone, away from our doubts, fears and worries; away from change and all that is unfamiliar; away from growth and evolution; away from all the opportunities life has to offer us; away from all that is beautiful, empowering and great away from life.
		+
		+	[[http://goodvillenews.com/The-World-Waits-For-You-0I7WPz.html The World Waits For You]]
		+
		+	[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
		+
		+	== The Importance of Learned Optimism ==
		+
		+	What 25 years of research reveal about the cognitive skills of happiness and finding lifes greater purpose.The illiterate of the 21st century, Alvin Toffler famously said, will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn. Our outlook on the world and our daily choices of disposition and behavior are in many ways learned patterns to which Tofflers insight applies with all the greater urgency
		+
		+	[[http://goodvillenews.com/The-Importance-of-Learned-Optimism-jmZjsG.html The Importance of Learned Optimism]]
		+
		+	[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
		+
		+	== What Is Your Legacy? Living A Meaningful life ==
		+
		+	I want the world to be better because I was here. I want my life, I want my work, my family, I want it to mean something and if you are not making someone elses life better then you are wasting your time Will Smith
		+
		+	[[http://goodvillenews.com/What-Is-Your-Legacy-Living-A-Meaningful-life-oBtnrB.html What Is Your Legacy? Living A Meaningful life]]
		+
		+	[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
		+
		+	== 15 Things You Should Give Up To Be Happy ==
		+
		+	Here is a list of 15 things which, if you give up on them, will make your life a lot easier and much, much happier. We hold on to so many things that cause us a great deal of pain, stress and suffering and instead of letting them all go, instead of allowing ourselves to be stress free and happy we cling on to them. Not anymore. Starting today we will give up on all those things that no longer serve us, and we will embrace change. Ready? Here we go:
		+
		+	[[http://goodvillenews.com/15-Things-You-Should-Give-Up-To-Be-Happy-r1EA1L.html 15 Things You Should Give Up To Be Happy]]
		+
		+	[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
		+
		+	== The Secret to Success Kindness ==
		+
		+	Take a look at these simple but powerful words from the Dalai Lama, Kindness and a good heart are the foundation for success in this life, progress on the spiritual path, and the fulfillment of our aspirations. Our need for them is not limited to any specific time, place, society, or culture.
		+
		+	[[http://goodvillenews.com/The-Secret-to-Success-Kindness-qClIIA.html The Secret to Success Kindness]]
		+
		+	[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]

← Older revision		Revision as of 14:24, 11 April 2012
Line 1:		Line 1:
−	~~There~~'s a ~~serect about your post~~. ~~ICTYBTIHTKY~~	+	== IGC-DEFINITION ==
		+	'''Standard costing / [[:de:Standardkostenrechnung\|Standardkostenrechnung]]'''<br>
		+	Standard costing is a cost accounting method where all input and output units are always calculated at standardised rates. Supplies from stock are valued at the standard purchase price and outputs from cost centers at the planned cost rate. This has the great advantage that in the [[Variance analysis / comparison of budgeted and actual figures CBA\|comparison between budgeted and actual figures]] variances, which have occurred in upstream systems do not appear in downstream systems. In this way the requirement of responsibility accounting is met, whereby only those costs are shown that can be influenced.<br>
		+	The standard product costs derive from preliminary costing. On a unit basis, they are calculated by multiplying the materials required (standard quantity) with the corresponding standard material prices as well as the working hours (standard hours) with the appropriate proportional cost rates. They therefore express what the single product will incur in the way of output-related costs. In the preliminary calculation the standard product costs are calculated in terms of a specific order, i.e. according to exact specifications from the customer but with standard prices and budgeted cost rates. So any difference that may arise is to be attributed only to subsequent changes in the order.
		+
		+	from: [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)]
		+
		+	== Source ==
		+
		+	[http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010]
		+
		+	[[Category:Planning]]

← Older revision		Revision as of 15:12, 12 August 2011
Line 1:		Line 1:
−	~~Holy sizhnit, this is so cool thank you~~.	+	There's a serect about your post. ICTYBTIHTKY

← Older revision		Revision as of 19:44, 11 August 2011
Line 1:		Line 1:
−	~~== IGC-DEFINITION ==~~	+	Holy sizhnit, this is so cool thank you.
−	~~'''Standard costing / [[:de:Standardkostenrechnung\|Standardkostenrechnung]]'''<br>~~
−	Standard costing is a cost accounting method where all input and output units are always calculated at standardised rates. Supplies from stock are valued at the standard purchase price and outputs from cost centers at the planned cost rate. This has the great advantage that in the [[Variance analysis / comparison of budgeted and actual figures CBA\|comparison between budgeted and actual figures]] variances, ~~which have occurred in upstream systems do not appear in downstream systems. In~~ this ~~way the requirement of responsibility accounting is met, whereby only those costs are shown that can be influenced.<br>~~
−	The standard product costs derive from preliminary costing. On a unit basis, they are calculated by multiplying the materials required (standard quantity) with the corresponding standard material prices as well as the working hours (standard hours) with the appropriate proportional cost rates. They therefore express what the single product will incur in the way of output-related costs. In the preliminary calculation the standard product costs are calculated in terms of a specific order, i.e. according to exact specifications from the customer but with standard prices and budgeted cost rates. So any difference that may arise is ~~to be attributed only to subsequent changes in the order.~~
−
−	~~from: [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)]~~
−
−	~~I am ttoally wowed and prepared to take the next step now~~.

← Older revision		Revision as of 12:22, 11 August 2011
Line 6:		Line 6:
	from: [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)]		from: [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)]

−	~~== Source ==~~	+	I am ttoally wowed and prepared to take the next step now.
−
−	~~[http://www~~.~~igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010]~~
−
−	~~[[Category:Planning]]~~

← Older revision		Revision as of 20:48, 12 January 2011
Line 9:		Line 9:

	[http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010]		[http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010]
		+
		+	[[Category:Planning]]

@@ Line 1: / Line 1: @@
 == IGC-DEFINITION ==
-'''Standard costing'''<br>
+'''Standard costing / [[:de:Standardkostenrechnung|Standardkostenrechnung]]'''<br>
 Standard costing is a cost accounting method where all input and output units are always calculated at standardised rates. Supplies from stock are valued at the standard purchase price and outputs from cost centers at the planned cost rate. This has the great advantage that in the [[Variance analysis / comparison of budgeted and actual figures CBA|comparison between budgeted and actual figures]] variances, which have occurred in upstream systems do not appear in downstream systems. In this way the requirement of responsibility accounting is met, whereby only those costs are shown that can be influenced.<br>
 The standard product costs derive from preliminary costing. On a unit basis, they are calculated by multiplying the materials required (standard quantity) with the corresponding standard material prices as well as the working hours (standard hours) with the appropriate proportional cost rates. They therefore express what the single product will incur in the way of output-related costs. In the preliminary calculation the standard product costs are calculated in terms of a specific order, i.e. according to exact specifications from the customer but with standard prices and budgeted cost rates. So any difference that may arise is to be attributed only to subsequent changes in the order.

Standard costing - Revision history

DavidWashington: minor updates

Dienstl-Arnegger at 14:24, 11 April 2012

118.97.237.42: MncwaTJFYHozyz

84.241.52.218: vuHTDNQsfoUDFGdnb

220.88.69.93: /* Source */

Thomka at 20:48, 12 January 2011

Markus Berger-Vogel: /* IGC-DEFINITION */

Markus Berger-Vogel: /* IGC-DEFINITION */

Markus Berger-Vogel: New page: == IGC-DEFINITION == '''Standard costing''' Standard costing is a cost accounting method where all input and output units are always calculated at standardised rates. Supplies from sto...

Markus Berger-Vogel: New page: == IGC-DEFINITION == '''Standard costing'''
Standard costing is a cost accounting method where all input and output units are always calculated at standardised rates. Supplies from sto...