CUNY TV logo


This edition: Standard Costs, Operating Performance, and the Balanced Score Card

Online media for this show is not available on our website.

Episode Details

The advantages and challenges of establishing cost standards are discussed. Material, labor, and variable overhead variances are presented. Non-financial operating measures such as quality and on-time delivery are reviewed and related to the balanced score card. Delivery cycle time and manufacturing cycle efficiency are covered. Value added versus non-value added activities are identified.