Time Seies & Variance Analysis

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:28AM in AAT student discussion
Hello,

I am studying for the PEV/PCR exams at the mo & just wondered if anyone could help with one or all of the following:

1) When averaging seasonal variations do you always have to calculate the residual amount and average over the seasons?
2) When 'flexing' the budget to find the standard cost of actual production do the fixed production overheads stay the same? In the(04/05) FTC book I've got one example that does (Chapter5) and one that doesn't (Chapter6)
3) Does anyone know if we are to analyse variances not only on labour rate & efficiency but also on idle time?

Please help!?!?

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Time Seies & Variance Analysis

    Multiple post
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Time Seies & Variance Analysis

    any ides where this is "multiple posted" coz i cant find it and want to know the answers
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Time Seies & Variance Analysis

    1) soz can't remember
    2) no fixed production overheads arent flexed
    3) When I did the AAT idle time was on the syllabus, could have been removed but I very much doubt it.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Time Seies & Variance Analysis

    This was also a post in the technician/diploma level forum. I received a good reply from sandyhood.

    Kate

    I am not too sure why someone has pointed out that it was a multiple post, why does it matter? :?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Time Seies & Variance Analysis

    Multiple post means that it was posted in more than one forum, which means it gets answered several times and thus can be a bit of a time waster.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Time Seies & Variance Analysis

    I see, that's fair enough, I just wasn't sure which forum to use, it was my maiden post

    good luck to everyone!! :D

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