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Just in time

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Just in time

  • This topic has 1 reply, 2 voices, and was last updated 4 months ago by LMR1006.
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  • February 22, 2025 at 3:40 pm #715542
    ashiswar1003
    Participant
    • Topics: 33
    • Replies: 11
    • ☆

    In JIT (Just in time )
    material price variance is less relevant or not ?
    sir

    February 22, 2025 at 6:20 pm #715546
    LMR1006
    Keymaster
    • Topics: 4
    • Replies: 1511
    • ☆☆☆☆☆

    Yes that is correct
    JIT typically involves long-term contracts with suppliers with stabilised prices

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