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VARIANCE

Forums › Ask CIMA Tutor Forums › Ask CIMA BA2 Tutor Forums › VARIANCE

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Cath.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • July 8, 2020 at 4:24 am #576293
    Anushka1288
    Participant
    • Topics: 1
    • Replies: 3
    • ☆

    The standard cost of raw materials issued for production was 150000
    Usage variant 10000 favourable
    Price VARIANCE was 30000 adverse
    Increase in raw material inventories was 10000
    What was the actual spent on raw materials

    July 18, 2020 at 4:29 pm #577329
    Cath
    Participant
    • Topics: 0
    • Replies: 448
    • ☆☆☆

    Hi Anushka – Ive just answered this on the previous thread – im afraid we cant supply direct answers ( thats not the point of this forum)

    You need to post the answer & tell me which bit you dont follow or need to query & I can talk you through it.

    Presumably you have an answer in your textbook/ exam kit …. if so let me know.
    Thanks
    Cath

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