ACCA F2 Specimen Exam Section B Question 2

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1. japime says

   February 5, 2020 at 6:20 pm

   will the actual exams really ask us for explanations on part B or are these only present on practice tests?

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2. sam says

   May 12, 2016 at 5:57 pm

   Hello sir,
   i really need your help on specimen paper secton B, Q2, i’ve watched your lecture on variance analysis and labour Efficiency variance was calculated as follow ( the difference between actual hours worked and standard hours for actual production multiply by standard cost per hour) so when i did the calculation i got the asnwer D =(150,000-(C9*6))*8 , i’ll be very grateful if you could tell what did i do wrong

   Thanking you in anticipation

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   • John Moffat says

     May 13, 2016 at 8:27 am

     It is a bit of a trick question. What you have written would be correct except that it gives a negative answer, which would mean an adverse variance when it should be a favourable variance.

     The correct answer is C, because C9 x C4 gives actual production at standard hours at standard cost and 150,000 x 8 gives actual hours at standard cost.

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