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variance

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

  • This topic has 1 reply, 2 voices, and was last updated 9 months ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • October 29, 2021 at 7:52 pm #639407
    SarahSyed
    • Topics: 10
    • Replies: 1
    • ☆

    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?

    October 30, 2021 at 6:00 am #639422
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 49921
    • ☆☆☆☆☆

    It seems correct.

    Have you watched my free lectures on all of this?

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