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John Moffat.
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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › variance
1) Material Mix:
if Actual Qty in Actual Mix < Actual Qty in Std Mix then it is Favourable because it is cost variance?
2) Material Yield:
if Actual Qty in Std Mix < Std Qty in Std Mix then it is Favourable because it is cost variance?
3) Sales Mix:
if Actual Qty in Actual Mix > Actual Qty in Std Mix then it is Favourable because it is sales variance?
4) Sales Quantity:
if Actual Qty in Std Mix > Budgeted Qty in Std Mix then it is Favourable because it is sales variance?
Am I correct sir?
It seems correct.
Have you watched my free lectures on all of this?