Skip to content

Ask the Tutor ACCA MA

Standard costing

Former userFormer user6y ago

[Content removed at user request]

John MoffatJohn MoffatTutor6y ago#1
The volume variance is the difference between the standard contribution on actual sales and the standard contribution on the budgeted sales. It is irrelevant here because the $44,000 is the standard contribution on the actual sales (not the contribution on budgeted sales).
Sign into reply to this topic.