For the Mat usage Operational Variance my tutor uses the revised cpu to value the mat variance but i see you have used the org. std cpu. Is he wrong or is this a different instance. Can u clarify for me
As I explain in the lectures, there are two ways of calculating planning and operational variances. They give different answers but both are acceptable in the exam. The way I show it in my lectures is the way that the current examiner prefers and also the easiest way.
lilies says
For the Mat usage Operational Variance my tutor uses the revised cpu to value the mat variance but i see you have used the org. std cpu. Is he wrong or is this a different instance. Can u clarify for me
lilies says
cost per kg i meant and not cpu.
John Moffat says
As I explain in the lectures, there are two ways of calculating planning and operational variances. They give different answers but both are acceptable in the exam.
The way I show it in my lectures is the way that the current examiner prefers and also the easiest way.