Hi John sir, pray for your best health.
John sir , TO calculate material price variance , we should use actual purchase in the formulae or we should use actual usage ? plz guide me. for example:
Std price for actual purchase / usage xxx
Actual price for actual purchase / usage xxx
what should we use? actual purchase or actual usage?
Ask the Tutor ACCA MA
std cost
Actual purchases :-)
Thanks alot.
You are welcome :-)
Sign in to reply to this topic.
