Help me with variances PLEASE!

lana25

Hi!
I failed MAC exam twice because of variances.
Can someone give me an idea how easily understand and calculate them? Its seems to be very difficult to remember them all.
Please help me.
Thanks
Lana

blacksheep

sorry for being dim, what is MAC? is it like PEV?
do you mean labour/material/overhead variances?

lana25

Yes It Is

definite.studies

Lots of people ask the same question. If you search this forum for variances using the Search menu in the green bar under the login box, you will find lots of useful information. :001_smile:

blacksheep

I had trouble with them too, but they are much easier now since i posted here (thanks everyone! :001_smile:)

this is the thread http://www.aat.org.uk/forums/showthread.php?t=19269&highlight=variance
and it links to lots of others with help too.
you'll get there, and then wonder why you ever were so stuck - honest!

lana25

thanks i will try again to understand them:001_smile:

katyt

i had problems as well, but then a friend told me a formular to help me remember it and it helped loads, i can email it to you if you want??

tattookitten

I agree, the forums totally helped me understand the formulas better, also I made myself learn them in a code form - it was either that or in a sing songy manner and I didn't think that the examiners would be too impressed with me suddenly bursting into an odd song about variances!

Anyway i'll have a look for my notes tonight and if they haven't been banished into the loft I'll send you my cheat sheet on how I learnt them!

lana25

my email is zanna1963@tiscali.co.uk
if you can help me with some notes etc.about variances please email.
Thanks

tattookitten

Did my notes help?