Variances

Question 1

DM Variance

Answer 1

Actual: AQ purchased x AP
Price Var
AQ purchased x SP
Inventory Movement Var
AQ used x SP
Quantity Var
Flexed: SQ x SP
Activity Var
Budget (Master Static): BQ x SP

Question 2

DL Variance

Answer 2

Actual: AH paid x AR
Rate Var
AH paid x SR
Idle Time Var
AH worked x SR
Efficiency Var
Flexed: SH x SR
Activity Var
Budget: BH x SR

Question 3

VOH Variance

Answer 3

Actual: AH x AR
Rate Var
AH x SR
Efficiency Var
Flexed: SH x SR
Activity Var
Budget: BH x SR

Question 4

Sales Variance

Answer 4

Actual: AQ x AP
Price Var
AQ x SP
Quantity Var
Flexed: SQ x SP
Activity Var
Budget (Master Static): BQ x SP

Question 5

FOH Variance

Answer 5

Actual FOH
Budget Var
Budgeted FOH (POHR x DH)
Volume Var
Applied FOH (POHR x AH)