VarianceForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › VarianceThis topic has 2 replies, 2 voices, and was last updated 7 years ago by John Moffat.Viewing 3 posts - 1 through 3 (of 3 total)AuthorPosts August 27, 2017 at 4:07 pm #403791 mjibolaParticipantTopics: 131Replies: 135☆☆☆BPP kit 2016/2017Question 153 should be favourable not adverse. Must be a mistake right?The cost of the actual mix was less than the standard mix therefore a favourable variance. August 27, 2017 at 4:09 pm #403792 mjibolaParticipantTopics: 131Replies: 135☆☆☆Oh my bad! I was looking at it in terms of cost. We sold less than expected therefore, an adverse variance.Don’t bother sir. August 28, 2017 at 7:36 am #403856 John MoffatKeymasterTopics: 57Replies: 54717☆☆☆☆☆No problem 🙂AuthorPostsViewing 3 posts - 1 through 3 (of 3 total)The topic ‘Variance’ is closed to new replies.