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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › std cost
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?
Actual purchases 🙂
Thanks alot.
You are welcome 🙂