In the above question, the ACCA published answer has an error, not serious though.
This is for the first time it seems ACCA answer has an error, the labour variance is 945K and not 3.2M adverse variance, which is actually overhead variance.
It seems they are not able to keep up with the changed exam frequency.
Ask the Tutor ACCA SBL
Dec 2015 exam - Mantis and Gear - simple standard costing question
Yes. Calculated correctly in the workings but then referred to incorrectly in the commentary.
As you say, very rare for there to be an error.
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