ACCA F5 Interpretation of variances

Comments

1. abhishekbakshi says

   August 21, 2018 at 1:57 pm

   sir does the original fixed budget in eg2 mean preparing a flexed budget with marginal costing like how we did for eg 1 ?

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   • John Moffat says

     August 21, 2018 at 4:32 pm

     The original fixed budget is simply the original budget that is first prepared (before any flexing for the actual level of activity).

     Have you watched the earlier budgeting lectures?

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     • abhishekbakshi says

       August 21, 2018 at 9:02 pm

       Yes sir I did watch just a small confusion so original fixed budget just means Selling price less variable less fixed cost = profit ( the way it is given in the cost card that is before any flexing and actual )

       thank you

     • abhishekbakshi says

       August 21, 2018 at 9:06 pm

       I understood sir it is the budget where we had got 56000/- as profit. Had skipped the heading of it. thanks a lot 🙂

2. alstephen says

   April 19, 2018 at 2:32 pm

   Thank you Sir, well understood

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   • John Moffat says

     April 19, 2018 at 5:38 pm

     Thank you for your comment 🙂

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3. John Moffat says

   October 19, 2017 at 4:06 pm

   Thank you for the comment 🙂

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