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Hi , I wanted to ask u that whether the operating statement and overhead variances are included in PM syllabus?
You will not be asked to produce an operating statement (but you are expected to know what it is from Paper MA). Very little is ever asked on the basic Paper MA variances, most variance questions in Paper FM are on planning and operational, or on mix and yield variances.
Ok sir John thank u very much ,it means that I should focus on mix and yield variances and planning and operational variances for PM
Yes, as far as variances are concerned.