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ACCA F2 Revision Download F2 Question Paper
July 14, 2018 at 2:18 pm
sir, how to get lectures for 2018
John Moffat says
July 15, 2018 at 9:08 am
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.
August 1, 2016 at 12:53 pm
Why wasn’t the sales price used in the calculation? I don’t quite get why 🙁
August 1, 2016 at 1:38 pm
You will have to say which question you are asking about!
August 1, 2016 at 1:46 pm
Sorry sir, forgot to mention the question. I mean’t why wasn’t the sales price used in the calculation in question no. 13?
August 1, 2016 at 5:19 pm
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).
August 1, 2016 at 6:31 pm
But it was stated in the video? The sales price is irrelevant and the sales volume is the only one which is relevant 🙁 Sorry if I can’t quite follow you sir. I do apologize but thank you for your response 🙂 God bless!
August 2, 2016 at 7:01 am
You are welcome 🙂
August 2, 2016 at 8:47 am
So if I was given the standard profit on budgeted sales, I would deduct sales volume instead of sales price?
August 2, 2016 at 3:24 pm
You would adjust for both sales volume and for sales price.
Have you watched my free lectures on variances?
October 15, 2015 at 2:49 pm
These lectures are brilliant!
August 1, 2016 at 5:20 pm
Thank you very much for the comment 🙂
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