Variance formulas Flashcards
1
Q
Sales Volume
A
(AQ - SQ) x standard contribution per unit
2
Q
Materials price
A
(SP - AP) x AQ
3
Q
Materials Usage
A
(SQ - AQ) x SP
4
Q
Labour Rate
A
(SR - AR) x AH
5
Q
Labour efficiency
A
(SH - AH) x SR
6
Q
Sales price
A
(AP - SP) x AQ
