Pev

nc82
nc82 Registered Posts: 33 Regular contributor ⭐
Hi Folks,

I am due to re-sit PEV exam in December and was wondering if anyone had any tips or ideas on the thought processes i should be using to help me with the explanation of variances / gross profit margins etc.

I can calculate the variances / margins etc but i struggle with the explanation this was the area that i messed up on in June and resulted in my failing. I think Im much better equipped this time round but any additional help would be much appreciated.

Comments

  • Marga
    Marga Registered Posts: 981 Epic contributor 🐘
    i am dreading to come back to that unit :(

    I would just advise to actually think what you are calculating and write it down ....it helped me to understand variances
  • nc82
    nc82 Registered Posts: 33 Regular contributor ⭐
    Ok thanks for the tip
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