Job Variance Blank Title 64904

Thank you for the response.

________________________________

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Stan Chmura
Sent: Thursday, May 15, 2008 8:00 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Job Variance



I can think of two reasons, first if the standard cost was changed by
cost
set replace between the time of the first and second issue, that would
create a variance.
The second would be another change in the standard, but at different
timing;
what was the expected cost of the part on Job A vs. Job B? If the jobs
were
created some time apart, the expected or estimated cost for that
material
line may be different if the standard cost was updated after Job A and
before Job B. That would also cause a variance.


_____

From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
[mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ] On
Behalf Of
mgessence
Sent: Thursday, May 15, 2008 7:48 AM
To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
Subject: [Vantage] Job Variance

If your costing method is standard and you issue (x) to a job, return
to stock and issue (x) to another job, why does this create a variance?
The quantity is the same, why would the cost of the second transaction
be less than the first?


[Non-text portions of this message have been removed]






[Non-text portions of this message have been removed]
If your costing method is standard and you issue (x) to a job, return
to stock and issue (x) to another job, why does this create a variance?
The quantity is the same, why would the cost of the second transaction
be less than the first?
I can think of two reasons, first if the standard cost was changed by cost
set replace between the time of the first and second issue, that would
create a variance.
The second would be another change in the standard, but at different timing;
what was the expected cost of the part on Job A vs. Job B? If the jobs were
created some time apart, the expected or estimated cost for that material
line may be different if the standard cost was updated after Job A and
before Job B. That would also cause a variance.


_____

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of
mgessence
Sent: Thursday, May 15, 2008 7:48 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Job Variance

If your costing method is standard and you issue (x) to a job, return
to stock and issue (x) to another job, why does this create a variance?
The quantity is the same, why would the cost of the second transaction
be less than the first?



[Non-text portions of this message have been removed]