MAVariance

I would recommend watching John Moffat's lectures on variance analysis on the OpenTuition website. I have learned variance analysis also from LSBF notes. Here are material variances below: Material variances: SQxSP AQxSP Material Usage variance = (SQxSP) - (AQxSP) AQxSP AQxAP Material Price variance = (AQxSP) - (AQxAP)