Class Preparation:
Read:
Management Control Systems (Anthony) on reserve in DLAM, pages 425 – 432
Skim pages 432 – 438 and 382-393
Read and review standards Link
Focus on the calculation for Direct material variances and Direct Labor variances
Read and use answers to complete Redactive Chemicals (file required for on-line pre-class Test) File
Complete Test
Reference: UBC Budget Link