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Variances

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Variances

  • This topic has 2 replies, 2 voices, and was last updated 11 years ago by John Moffat.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • May 27, 2014 at 4:16 am #171098
    Dushyan
    Member
    • Topics: 37
    • Replies: 44
    • ☆☆

    hello there

    anyone can tell me if I can use these formulas for my variance calculation ,say for yield variance

    SQ * SP
    AQ (SM) * SP

    or should I write SQ in full, Standard quantity for actual output and SP as standard price in full?

    May 27, 2014 at 4:48 pm #171190
    Dushyan
    Member
    • Topics: 37
    • Replies: 44
    • ☆☆

    anyone please help me

    May 27, 2014 at 6:38 pm #171225
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54719
    • ☆☆☆☆☆

    Please….there is no need to post twice. In the Ask the Tutor Forum it is the tutor (me) who answers and I answer within 24 hours. You will not get instant replies – I do have to work, sleep and eat, so I can not sit at the computer 24 hours a day!!/
    If you want anyone to answer then ask in the general F5 forum.

    In answer to your question, although I hate formulae (as you will know from my free lectures) you do not need to write them in full. By all means use abbreviations as you have done in your post.

    (Do make sure that you do understand the variances and are not simply just learning formulae. The examiner always tries to present questions in a way that check you understand them.)

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