hi
i am having trouble finding the material variance. i am confused as what we should do. i would really appreciate some help.
The following information is available for direct material A for the month of June
Fixed budge $210,000
Actual cost $365,625
Flexed budget $262,500
What is the total direct materials variance for the month of June?
Ask the Tutor ACCA MA
Material variances
6y ago#1The total materials variance is the difference between the actual cost and the flexed budget.
I do suggest that you watch my free lectures on variances. The lectures are a complete free course and cover everything needed to be able to pass the exam well.
Thank you soo much. I will definitely watch your free lectures.
6y ago#3You are welcome, but if you are unclear about anything after watching the lectures then please so ask again :-)
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