Variance analysis

No! Standard costing is deciding on the budgeted cost per unit. A flexed budget is rewriting the original budget for the actual level of activity (using the standard costs). This is all covered in my free lectures. The lectures are a complete free course for Paper FA and cover everything needed to be able to pass the exam well.

Oh ok thank you sir!!

You are welcome :-)

Please give me the link to the free lectures. Thanks

Click on 'ACCA' in the top bar and then click on 'MA'. You will get the main Paper MA page which has links to all of our free resources.