Variance analysis

This topic has 3 replies, 2 voices, and was last updated 8 years ago by John Moffat.

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December 26, 2017 at 3:42 am #424803
sreyagrg
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How to differentiate whether a variance is an adverse or a favourable one ?
December 26, 2017 at 7:32 am #424823
John Moffat
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If it results in less profit then it is adverse. If it results in more profit then it is favourable.
I do suggest that you watch my free lectures on variances. The lectures are a complete free course for Paper F2 and cover everything needed to be able to pass the exam well.
December 27, 2017 at 5:24 am #424901
sreyagrg
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Ok, I will check your free lectures then.
Thankyou for the solution though 🙂
December 27, 2017 at 6:22 am #424903
John Moffat
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You are welcome 🙂
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