Variance Analysis: Class 2E (Man Acc 378) – Revision

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About Course

This class revises the main principles of Variance Analysis and works through a detailed question on this topic (based on the March 2022 Man Acc 378 test of the University of Stellenbosch).

What Will You Learn?

  • Revise the main principles of Variance Analysis and incorporating it into an example
  • Calculation of price and volume variances, as well as yield and mixture variances
  • General Ledger Accounts
  • Impact on variance calculations if direct/variable system versus absorption
  • Impact on variance calculations if Raw Material at actual versus standard
  • Dispositioning of Variances: when and how?

Course Content

Variance Analysis: Revision

  • Variance Analysis: Revision – Question
    00:00
  • Variance Analysis: Revision – Suggested Solution
    00:00
  • Variance Analysis: Revision – Suggested Solution Calculations
    00:00
  • Variance Analysis: Revision – Video 1
    02:00:00
  • Variance Analysis: Revision – Video 2
    01:00:00

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