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variance question

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

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  • November 28, 2020 at 2:44 pm #596881
    Avatarlearner10
    Participant
    • Topics: 22
    • Replies: 5
    • ☆

    Hi, Teacher in your lecture you said that new examiner suggest new approach to calculate variance calculation. I use this format for excel. please tell me it is ok or not.
    say for a yield variance,

    std qty Act. Qty( Std Mix) Difference Std Price Variance.

    is it ok?

    November 28, 2020 at 5:41 pm #596938
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54838
    • ☆☆☆☆☆

    I certainly did not say that in relation to mix and yield variances. (It is planning and operational variances where there are two different methods)

    What you have written is OK.

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