Planning and Operational Variances HELP | ACCA PM F5 | Question Bedco

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  • Опубликовано: 12 дек 2024

Комментарии • 34

  • @SteveWillisACCA
    @SteveWillisACCA  Год назад

    🎯To get access to all my videos with NO ADS, and to join my WhatsApp Group, click Here: videos.stevewillistraining.com
    See you in the WhatsApp group!🎯

  • @jasbirsinghkhalsa3099
    @jasbirsinghkhalsa3099 3 года назад +9

    It was a Teachers day on 05 of September in India & it is day to wish our teachers & Thank them... I would like to Thank you on that occasion for quickly uploading necessary videos before PM exam and truly you've been my teacher for this PM exam. I wish you a Happy Teacher's Day & Thank you for all your support.

    • @SteveWillisACCA
      @SteveWillisACCA  3 года назад +3

      Thank you, Jasbir! Good luck on Wednesday :)

  • @ridwanosman6884
    @ridwanosman6884 3 года назад +3

    Just finished my PM exam and honestly it would have been difficult for me with the spreadsheet if I didn’t watch your videos. I had transfer pricing and planning and operational variances at section C and it so happens to be the last two videos I watched on your channel😊. Section A was relatively cool but section section B was quite tough. Thanks a lot Steve😊

  • @ayshfiroz7878
    @ayshfiroz7878 3 года назад +1

    Passed PM..Honestly your videos were very useful... Thankyou soo much sir !😃

  • @diannedamata4509
    @diannedamata4509 3 года назад

    Hi Steve, my exam today went well. I took your advice and did section A, then C, then B. You were right, doing it that way did unlock some memory process and I found it helped with my timing as well. Your tips on how to save time worked well and I ended up having 20 minutes "buffer" time. I used to spend way too much time formatting. Thank you big time for all the time you take to upload your videos - they are super helpful.

    • @SteveWillisACCA
      @SteveWillisACCA  3 года назад +1

      Excellent!

    • @annmariethompson4026
      @annmariethompson4026 3 года назад

      @@SteveWillisACCA Hi Sir, thanks a lot for the help. I am not feeling good , going with my gut feeling. I think I messed up. I did section A flagged a few jumped over to C and back to B. Good strategy and I will do this going forward. I must that the AA AS SS helped me also. I am taking this week off and start preparing for the resit. So you will be hearing from me. Keeping sharing those videos with us. Be safe and blessings always🙏🙏🇯🇲🇯🇲🤗

  • @tatianamclee8674
    @tatianamclee8674 3 месяца назад

    Was really afraid of spreasheets you simplified it for me thank you

  • @souravnair5077
    @souravnair5077 3 года назад +1

    Hello sir,
    Your resources are truly immaculate.
    Although I know that your domain is FM and PM.
    Can you pls make 1-2 videos for TAX UK.
    For most tested questions..
    We students shall be mesmerized by your efforts...
    Due to any reason you cannot it's alright..

    • @SteveWillisACCA
      @SteveWillisACCA  3 года назад

      Thanks for the feedback, I will do my best the first week of Nov to do a couple of tax videos.

  • @ankitraghav8335
    @ankitraghav8335 3 года назад

    THANKS for the great help Sir.
    You are doing a great job
    Hope you'll help us with your regular upcoming vedios 🙏

  • @annmariethompson4026
    @annmariethompson4026 3 года назад +1

    AA AS SS. Forever greatful. 🇯🇲

  • @phuongchaupham
    @phuongchaupham 2 года назад +1

    Dear Steve,
    Can I show the calculation exactly at 17:33 on your video to get full marks? Thank you for your helped, AA AS SS really saved me!

    • @SteveWillisACCA
      @SteveWillisACCA  2 года назад

      Absolutely use the simplified approach I showed if it helps--you'll get full marks as long as the marking team can see what you are doing, and they can using this.

  • @alibray3430
    @alibray3430 Год назад +1

    Thank You!

  • @floregbadie2815
    @floregbadie2815 3 года назад

    Thank you. Very helpful as usual.

  • @ninetails114
    @ninetails114 Год назад +1

    Hi steve
    If in the exam i calculated the variance amounts correctly however i subtracted the total revised and and standard amounts incorrectly resulting in an adverse comment instead of favorable.
    Would i get the entire question wrong?

    • @SteveWillisACCA
      @SteveWillisACCA  Год назад

      In section C you would get partial credit. Good luck 🤞

  • @Allaboutentertainment6515
    @Allaboutentertainment6515 2 года назад +1

    Hi, i really did understood why you multiplied by 1.1 and 1.2? I mean I didn't understood from where you got that 1 before point. (.1 is from 10% and .2 is from 20% but 1 before point from where did you took it ?

    • @SteveWillisACCA
      @SteveWillisACCA  2 года назад

      Hi there, the 1 in the front is how you increase the number. So if I make $50 a day, and I get a 10% pay rise, my new pay is 50 + (50*0.1)........or 50*1.1 ...... both equal 55. in the story they say that the price went up some %, and the quantity went up some %, that's why I put the 1 in front.

    • @Allaboutentertainment6515
      @Allaboutentertainment6515 2 года назад

      @@SteveWillisACCA Sir, will you please make a video on Truffle co acca past paper. I am stuck on this question. Please sir, It will be a great favour. I have an exam after a week. Please.

  • @speedlive6106
    @speedlive6106 2 года назад +1

    Hello , amazing lecture
    I would like to know does it matter in which format you calculate variances as i use different approach ,
    I divide it like this
    Actual
    Xxx operational variance
    Revised
    Xxxx planning variance
    Original

    • @speedlive6106
      @speedlive6106 2 года назад +1

      Is it acceptable? Becouse i do not use formulas to calculate variances.

    • @SteveWillisACCA
      @SteveWillisACCA  2 года назад +1

      There are different ways to do the calculations. Whatever you choose, make sure you are showing the marker your approach so you can get partial credit if your method is good, but there is an error. If your approach gets the correct answer consistently, then it's ok.

  • @LivLin-e8r
    @LivLin-e8r Год назад

    Hello Steve can you do Vegan co Mar/June 23 one? Thanks!

    • @SteveWillisACCA
      @SteveWillisACCA  Год назад

      I'll put it on the list, but it won't be ready for this sitting unfortunately.

  • @ftazvivinga7932
    @ftazvivinga7932 Год назад +1

    Hi Steve. Am still not in the WhatsApp grp. Kindly add