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  1. avatar says

    Hi john
    If I am not wrong so in planing variance we always use revised standard quantity and revised standard cost in place actual quantity? And in operational variance revised standard quantity and cost is used in place of standards. Is that correct?

  2. avatar says

    John, please ignore above question. Obviously part of my problem is a lack of attention to all of the information given! Having looked at the question again I can see where the variance arises. Apologies..

    Regards
    Carmel

    • Profile photo of John Moffat says

      I assume that you have read what is written immediately above the lectures and that you have downloaded the Course Notes?

      All our lectures are using our Course Notes – they are lecture notes – and there is no point in watching them without the notes!! The examples used are all printed in the notes.

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