Material planning and operational variancesForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Material planning and operational variancesThis topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts September 16, 2018 at 6:19 am #474728 mfirdavsParticipantTopics: 5Replies: 9☆Hi, I want to ask you which formula is being used in current exams for “material price planning variance”:(Std price-Revised price)*Revised quantityOr(Std price-Revised price)*Actual quantity Which one of them does the current examiner prefer? September 16, 2018 at 8:55 am #474731 John MoffatKeymasterTopics: 57Replies: 54629☆☆☆☆☆The examiner accepts both and gives full marks for either.She prefers the second, as I explain in my free lectures. September 16, 2018 at 9:39 pm #474780 mfirdavsParticipantTopics: 5Replies: 9☆So in the upcoming exam you recommend me to use the second one yeah? September 17, 2018 at 6:17 am #474971 John MoffatKeymasterTopics: 57Replies: 54629☆☆☆☆☆Yes – it is easier 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘Material planning and operational variances’ is closed to new replies.