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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 10 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • March 31, 2016 at 1:18 pm #308747
    Avatarzainsalim
    Participant
    • Topics: 2
    • Replies: 1
    • ☆

    Dear sir,
    when calculating the material operational variance I didn’t find revise cost/kg in the data, can I use standard cost/kg as revise cost/kg?

    April 1, 2016 at 6:30 am #308777
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54846
    • ☆☆☆☆☆

    It is difficult to help without seeing the question you are referring to.

    If you are calculating the expenditure variance and there is no mention of the standard cost being revised, then there is no planning variance and the operational variance is based on the original standard cost.

    April 1, 2016 at 12:05 pm #308796
    Avatarzainsalim
    Participant
    • Topics: 2
    • Replies: 1
    • ☆

    thanku

    April 1, 2016 at 12:42 pm #308801
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54846
    • ☆☆☆☆☆

    You are welcome 🙂

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