Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.
Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚
Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚
MABU - Assesment 2 Q6 C HELP!
BethRoberts21
Registered Posts: 4
Hi guys
I've been staring at this question for an hour now and still can't work it out...I'm sitting my exam in a few days and starting to freak
Any ideas?
Thanks in advance!
I've been staring at this question for an hour now and still can't work it out...I'm sitting my exam in a few days and starting to freak
Any ideas?
Thanks in advance!
0
Comments
To find the standard cost of material take the budget cost and divide by budget units and then multiply by the actual units. (272800 / 15500 x 15200)
Material price is budget cost divided by material (kg) = std price per kg multiplied by actual material used (272800 / 12400 = £22 per std kg, £22 x 11400 = 250800) This is what the materials should have cost. Then just subtract the actual figure to get the variance (250800-257640 = an adverse variance of £6840.