VARIANCE ANALYSIS- RECONCILIATION STATEMENT

[@preciousehiguese-eb3mi]

Thank you!
Thank you!!
Thank you!!!
Very very much sir ❤

[@Ezikan]

Glory be to God

[@BRIGHTMVULA-ep2tz]

🎉🎉 receive yo flowers

[@suruamusa3099]

Chaiiiii, You're a genius. Thank you Sir.

[@akinbowaleolusoji2875]

Thks and God bless you sir.

[@Ezikan]

Amen and you too

[@ibrahimjelilkunle5594]

God bless you the more sir.

[@chikeabaelu6692]

A whole lot of these things now makes sense

[@honey8684]

Thank you sir, ly

[@gloriaudeze1093]

Plz sir is urgent wen question is given that d variable overhead those not have the standard price and the standard hours but was only given d standard rate per unit wat should I do

[@Ezikan]

Is the question in work back?

[@giftkelvin7252]

Standard costing made easy..God increase you in wisdom sir🙌

[@Ezikan]

Amen, thanks

[@giftkelvin7252]

​@@Ezikansir, I tried to solve some past diet questions on variance...of which I understand..
But I came across May diet 2019 question 1 on variance and pricing strategy...some of the solvings are not clear yet..
Sir pls I would if you will throw light on May 2019 Q1..❤

[@giftkelvin7252]

I will appreciate*

[@Ezikan]

@giftkelvin7252 noted

[@ganiyuwaliyat5428]

​@@EzikanGod bless you sir please have you later solved it sir

[@AmazingLightVincentEjiro]

Thank you so much sir❤
But what if in the case we were ask to calculate for marginal costing. How do we calculate for budgeted profit or loss

[@Ezikan]

For marginal costing, you need budgeted contribution and not budgeted profit

[@AmazingLightVincentEjiro]

@@Ezikan same approach

[@AmazingLightVincentEjiro]

???

[@AmazingLightVincentEjiro]

Sir what if there is closing inventory when calculating for budgeted profit, how do we value it

[@Ezikan]

Value it at standard cost per unit

[@AmazingLightVincentEjiro]

@@Ezikan okay sir

[@rengensimonpeter5563]

I swear u just terrible in these things.
U have made me understand what I couldn't before.
Blessings.

[@snaaw2600]

And between Standard Contribution and Actual Contribution, we just need to eliminate the FOH Efficiency Var & FOH Capacity Var?

[@Ezikan]

Put your question in a way that I will be able to understand . So that I will know the answer to give you