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Have exam tomorrow

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Have exam tomorrow

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.
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  • July 25, 2019 at 7:47 pm #524915
    ilham9089
    Participant
    • Topics: 301
    • Replies: 190
    • ☆☆☆

    Hi sir,
    does total expenditure variance and total volume variance relate to only the profit/loss or to the costs?

    July 26, 2019 at 9:43 am #524942
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    Expenditure variance relates to the costs (which therefore affect the profit).
    With regard to the volume variance, it depends whether you mean the sales volume variance of the fixed overhead volume variance.

    Have you watched my free lectures on variances?

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