[Vu]

Phew…. Just above the safety level… 51….

[Vu]

Because it’s my homework… So I don’t have the answers. And I’m still a little bit confused about these Planning & Operational variances.

But I wonder that if you pleased, can you show me how to figure out these variances?

Oh, anyway thank you for your help. 😀

[Vu]

🙂 I’ll watch that lecture, anyway thank you. 🙂

[Vu]

Hi,

I’m pretty sure that every word I typed is correct. So that means the book have a problem, and turns out that my friend is right about the answer 🙂

Thank you for pointing out the problem 😀

[Vu]

Hi tutor,

It’s me again :), this time I’m here with a question: “Last month the standard contribution sales was $10,000 and the following variances arose:

Total variable costs variance……………………………….2000 (A)
Sales price variance……………………………………………500 (F)
Sales volume contribution variance……………………….1000 (A)

What was the actual contribution for the last month?”

What I think the answer is 10000 – 2000 + 500 – 1000 = $7,500.

But the answer actually is $8,500 ( 10000 – 2000 + 500 ), so why don’t we keep subtracting it by 1000?

[Vu]

Thank you sir, thanks to you I finally get it.

[Vu]

Thanks for your reply 🙂 I get it.

Oh and sorry for any inconvenient, because when I posted this, It was nearly the afternoon in my time zone, and next times I’ll check it before posting questions.

Thank you. 😀

[Author]

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