BF08012306
STANDARD COSTING
Featuring Navistar International

Navistar International's International Truck and Engine Corporation manufactures large trucks and diesel engines. One of the International Truck product lines reported one month's production cost to be approximately 7 million dollars over budget. This 7 million dollar unfavorable variance at first glance seems like bad news but upon further analysis, a real savings of 4.5 million dollars was the bottom line. A closer look at how budget cost standards, actual costs, and variances were used in the calculation helps clarify the savings analysis.
DVD
Grades 9-12, College, Adult
Approx. 7 minutes
2007
 
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