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Planning and Operational variances. Helppp!

Forums › ACCA Forums › ACCA PM Performance Management Forums › Planning and Operational variances. Helppp!

  • This topic has 0 replies, 1 voice, and was last updated 11 years ago by darkangel5.
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  • May 25, 2013 at 7:38 am #127119
    darkangel5
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    • Topics: 12
    • Replies: 44
    • ☆☆

    I’m troubled by this confusion regarding operational and planning variances.

    I know that we use (Revised – Standard) for planning and (Revised – Actual) for operational.
    The big question is that when do we use (actual quantity / actual hours) and (actual units * revised kg / actual units * revised hrs) ?
    Are there two separate topics under operational and planning variances where we use the above mentioned against each topic? Or is it that we can use any of the above mentioned for a planning and operational variance question?

    Please help :'(

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