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Hi everyone!
I need helps in this question, thanks!In the last financial report that we have a rather large volume variance, I’m wondering do we need to change the standard cost. Figures we’ve got there the budgeted production levels that we’ve use to calculate these standards. I mean if the actual production levels this year are an isolated incident that is a one only event do we still need to change our standard. What do you think?
Please don’t say ‘hi everyone’!
If you ask in this Ask the Tutor Forum, then I am the only person who will be answering. If you want to ask others then ask in the other F2 forum.
Also, these forums are for questions about the ACCA Paper F2 exams. We provide – free of charge – help for people taking the ACCA exams. We certainly cannot and do not provide practical advice free of charge. If you want practical advice then there are many other people who I am sure will be prepared to provide it for a fee.
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