I can’t thank you enough for all the valuable lectures & practice notes.
I have a question on Fxed O/Hs Expenditure variance- Why are we comparing the Actual Total at Actual price with Standard budgeted at Standard price? For Expenditure/Price variance are we not suppose to compare Actual Quantity at Actual Price with ACTUAL QUANTITY at Standard Price?
Kindly help me with the confusion.. Thanks & regards