CLARITY REQUIRED ON VARIANCE

Hi John,

Just for clarity, do the examiner penalise for writing in short from. E.g where i am met to compute a variance e.g MUPV – material useage planning variance i then write RM4AP – SM4AP * AMU. Rather than Revised Material for actual production – Standard Material for actual production * Actual Material used. Would the examiner penalise for this? I have gone through some reports and can’t exactly see comments in response to this.This is my way of recalling the formula and this is what i did in the exam hall. Worried i might lose some marks.

Also for one of the variance computed i got a favourable variance, but because of the way i postitioned formula i got “- 3876 then i wrote Favourable variance in front” just wondering if i would be penalised for this as well. As the – sign and the favourable comment contradict each other.