PEV june 04 - trends

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hi there, could anyone help I think I'm going mad!!!<BR><BR> Section 1 Task 1.2 (iii) give two more pieces of info needed to set standard direct materials for 2004?<BR><BR>I have the awnser of Customer demands, but the other "product Specification" just does not make sence to me. I've read it over and over. If I don't understand it I can't remember it and I'm not going to write something I haven't got a clue about.<BR><BR>Could some explain what they are trying to say or give me an alternative, please.<BR><BR>Cheers Truffle.

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    PEV june 04 - trends

    I think product specification relates to materials bought in. If the specification of the material is improved a manufacturer will require less for 'good' production as there is less wastage. If a standard has been set where there is a percentage of wastage and the spec is improved the standard should be reset for accurate management information purposes.<BR><BR>Material specification also has an effect on labour variances.<BR><BR>Don't have the question in front of me but hope this helps a bit.<BR><BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PEV june 04 - trends

    That seems to make things a little clearer.<BR><BR><BR>Thanks for that, Truffle.

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