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how do you calculate the actual sales revenue, production, actual units sold when only the unit budgeted costs and different variances are given?
is it possible to get a guide as to how to answer the questions in the extra multi-task questions which has a separate heading in study materials for F2.(it contains 3 multi- task questions)
You have to learn the rules for calculating the variances. If you know the rules then when the variances are given it is a question of setting up the rules and the filling in the missing figures.
It is not possible to give a guide – it can only be done by learning the rules and then practicing all the questions in your Revision Kit.The free lectures on variances will help you with the rules themselves.
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