A BIG THANK YOU
System
Posts: 100,534 🤖 Admin 🤖
To all those people who posted the following
PURE AS
When I printed a copy of this formula, I had no idea of when/how to apply it. After studying at home and falling down at the same point every time i.e.
Material price variance
Material usage variance
Labour rate variance
Labour efficiency rate
I was clear about Standard - Actual but could never remember whether to x it by the Actual or Standard, then I studied the PURE AS and the penny finally dropped. I danced around the room (very sad person).
But thank you, I shall go home tonight and master the Fixed Costs part, SAE etc and hope that it makes sense.
THANK YOU THANK YOU
Lillian
PURE AS
When I printed a copy of this formula, I had no idea of when/how to apply it. After studying at home and falling down at the same point every time i.e.
Material price variance
Material usage variance
Labour rate variance
Labour efficiency rate
I was clear about Standard - Actual but could never remember whether to x it by the Actual or Standard, then I studied the PURE AS and the penny finally dropped. I danced around the room (very sad person).
But thank you, I shall go home tonight and master the Fixed Costs part, SAE etc and hope that it makes sense.
THANK YOU THANK YOU
Lillian
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Comments
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Re:A BIG THANK YOU
Hi Violet
I am so glad it has helped you learn the variances - it helps to make sense of a horrible subject and hope will give you success.
Best of luck
Eva
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