Variance formulas Flashcards by Mark Hardy

Q

Sales Volume

A

(AQ - SQ) x standard contribution per unit

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Q

Materials price

A

(SP - AP) x AQ

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Q

Materials Usage

A

(SQ - AQ) x SP

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Q

Labour Rate

A

(SR - AR) x AH

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Q

Labour efficiency

A

(SH - AH) x SR

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Q

Sales price

A

(AP - SP) x AQ

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