planning and operational variance

This topic has 2 replies, 2 voices, and was last updated 11 years ago by toutou123.

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March 31, 2015 at 1:11 pm #239645
toutou123
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specimen exam applicable form paper 5 question 5.. the answer is using $12 instead of $6 the same for the revised efficiency why multiply by 50%.. i need guidance on this question please..
March 31, 2015 at 2:57 pm #239676
John Moffat
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The problem is probably because there are two different ways for calculating planning and operational variances, which give different answers. Both ways are valid and the examiner has said that either way will get full marks.

If you are using current editions of student texts then they will do it the way that the current examiner prefers. However previous editions did it a different way, which gives different answers!

Again, the examiner gives full marks for doing it either way.

Our free lectures do it the way that the current examiner prefers.
March 31, 2015 at 3:15 pm #239679
toutou123
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thank you so much.. i was wondering if i could work my answer and then it be reviewed..my revised std price is $5.4 and revised hours is 24600 hours..
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