standard cost


	Staber Hans Peter

		... focused on fixing problems


	standard cost

The following papers discuss several flaws linked to the Standard Cost of Sales approach for decision making (the title indicates what is to be expected behind the link):

this thing called "standard cost [10 KB] "
the fundamental flaws of "variance analysis [5 KB] "
decision making based on "standard margin [4 KB] ".


	In a nutshell: we do not trust in standard cost. In most cases the use of this valuing worksheet [32 kB] is good enough for proper managerial analysis and decision making. Make sure to apply a proper discount to your assumptions in order to be protected against Murphy.

Staber Hans Peter

... focused on fixing problems

standard cost