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variance

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › variance

  • This topic has 3 replies, 2 voices, and was last updated 12 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • September 21, 2012 at 1:00 am #47181
    daberechi
    Member
    • Topics: 14
    • Replies: 10
    • ☆

    plito paper;question 2b on mix variance.how did they got the figure in the mix variance.eg mixed vegetable 91712.2,butter 5095.2.stock112092.7.i can i simply no how to apportion them

    September 22, 2012 at 12:23 pm #76448
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    On the standard cost card, each litre of soup needs 2.05 litres input (0.9 + 0.05 + 1.10)

    The actual total input was 208900 litres, and so if it were mixed properly, the mixed vegetables would be 0.9 litres out of every 2.05 litres input. So it total they should have used 0.9 / 2.05 times 208900 = 91712.2

    September 23, 2012 at 3:59 am #76449
    daberechi
    Member
    • Topics: 14
    • Replies: 10
    • ☆

    thanking u said

    September 24, 2012 at 11:13 am #76450
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    You are welcome.

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