pev dec 05 task 1.2
lucy1988
Registered Posts: 74 Regular contributor ⭐
Hi,
Does anyone know where you get the 0.50 from in task 1.2 a?
Actual price = £58,500/130,000=£0.45
Price variance= (0.45-0.50) x 130,000=£6500 (f)
Does anyone know where you get the 0.50 from in task 1.2 a?
Actual price = £58,500/130,000=£0.45
Price variance= (0.45-0.50) x 130,000=£6500 (f)
0
Comments
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the standard price of paper per kg is £0.5 which is given in the standard cost card0
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Hi Lucy,
please read paper carefully, specially, standard cost cards in all past exam papers because most of data describes in first two paragraphs.
£0.50 is the standard price for paper,which is given in the standard cost card.
Regards
Khurram Taj0
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