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Please have a look at question 269 Secure Net in Kaplan book. I hope it’s correct number cos I have no book in front of me. There was only information given by a manager and planning and operational variances were calculated.
As I know standard cost card does not have to be automatically updated if any operational issues arise. This is a reason for calculating planning and operational variances. So a manager can be held responsible for a part of a variance which he had influence on.
As I remember a trick could be that there was no information about actual price. Only actual total usage. So operational price variance could not be calculated, only planning.
But as you all say: I may be wrong 🙂
Good luck to everybody!!!!!!
