ACCA F2 Revision Download F2 Question Paper
ACCA F2 Specimen Exam Section A Lecture 2
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sir, how to get lectures for 2018
I don’t know what you mean. My lectures are a complete free course for Paper F2 and cover everything needed to be able to pass the exam well.
Why wasn’t the sales price used in the calculation? I don’t quite get why 馃檨
You will have to say which question you are asking about!
Sorry sir, forgot to mention the question. I mean’t why wasn鈥檛 the sales price used in the calculation in question no. 13?
The sales price variance is used, it is the sales volume variance that is irrelevant.
The reason is that you are given the standard profit for the actual sales, not for the budgeted sales. (The sales volume variance is the difference between standard profit for the actual sales as against the budgeted sales).
But it was stated in the video? The sales price is irrelevant and the sales volume is the only one which is relevant 馃檨 Sorry if I can’t quite follow you sir. I do apologize but thank you for your response 馃檪 God bless!
You are welcome 馃檪
So if I was given the standard profit on budgeted sales, I would deduct sales volume instead of sales price?
You would adjust for both sales volume and for sales price.
Have you watched my free lectures on variances?
These lectures are brilliant!
Thank you very much for the comment 馃檪