Variance Analysis Simplified

[@yousufownzu6902]

Thank you for your videos. If this video helped even one person clear their exam. U have changed one persons life. Thank you.

[@renavillaluz8783]

Good job. Now I understand more clearly. Thanks for this video. ❤❤❤

[@MikeWaltonVideos]

You sir, are a gift from god. Thank you!

[@anson7228]

This is a life saver❤❤

[@audreyj.swanson7381]

I wish you guys had a video on cost accounting 😅

[@CheBernard-o5h]

great job man

[@michelquinonez9018]

Thank you so much!

[@universalcpareview]

You're welcome!

[@samnajha]

I believe your formula in step one are incorrect. It should be (Std Price - Actual price) & ( Std quantity - Actuall quantity)

[@RefractoryPeriod]

I use the mantra “standard rate / actual hours” these are the 2 items they stay constant in the formulas. If you’re looking for price variance, use actual hours. If you’re looking for units variance, use standard rate.

[@IvonnePleitez]

thank you so much!!!