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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › VALET CO ( JUNE – 2014)
A) ii —- Calculates the total sales quantity contribution variance.?
sir how we will identify that question is asking is for yield variance not volume variance.
as volume and quantity are word expressed with same meaning.
in this question it is asking for yield variance.
(Actual quantity x Standard Proportion ) – ( budgeted Quantity ) * Standard contribution
but i mistakenly calculated like this – (Actual sales – Budgeted Sales ) x standard contribution
please help me so i never repeat same mistake again? how to differentiate between quantity variance and volume variance. hope i have explained my doubt clearly.
There is no such thing as a sales yield variance.
Have you watched my free lectures on this where I do explain the difference between the sales quantity and sales volume variance?