Thanks to all who have helped me with the HI/LO method....

System
System Posts: 100,534 🤖 Admin 🤖
<BR>....and just a quick note for SandyHood to say that in the revised standards this topic is included in the syllabus for RCI, unfortunately! <BR><BR>Thanks again, I still don't know how my devolved went but thanks to all for your help, Minerva

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Thanks to all who have helped me with the HI/LO method....

    minerva <BR>You are absolutely right. The new Unit 6 (Recording and Evaluating Costs and Revenues) includes short term decision-making and being able to separate the variable and fixed parts of a cost.<BR><BR>For any other forum readers make quite sure you know which Unit 6 you are doing.<BR>Recording Cost Information is being phased out but includes variance analysis and no decision making. The new one is the opposite.<BR><BR>I'm pleased the skills test went well. Good luck in the exam.<BR>If there are any points you think I might be able to help with, you are welcome to email me sandy.hood@chichester.ac.uk<BR><BR>Sandy<BR>
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