Hello!
In our p3 syllabus,the variances chapter mostly consists of the causes/reasons,etc. Does the syllabus have the practical part of calculating the variances for materials,labour,variable and fixed overheads?
Eg: for material price variance - difference of AQ*AP
AQ*SP
Thank you.
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Variances
8y ago#1As far as we know, you will not be asked to calculate variances. But you could be asked to draw conclusions from or knterpret variances.
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