CIMA BA2 & P1 Variance Theory Explained 📊

Variance theory is first introduced in the CIMA P1 and BA2 modules, and it's ESSENTIAL to have a good understanding of it at all levels of CIMA study. Despite being such an important topic, it's one that students often struggle with.

In this video, Astranti CIMA P1 expert Peter helps you get back to basics with variance, giving you a solid foundation of theory upon which to continue building your theory knowledge. By watching this video, Peter can show you:
+An example of the way variance can be used in a real workplace
+How to calculate direct labour rate and efficiency variance
+How to interpret favourable and unfavourable results to make recommendations

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Understanding variance is vital to passing CIMA exams, and our Exam Practice Kits are packed full of questions just like the one in this video. Each kit contains 15 questions and full solutions for EVERY chapter of the study text, making them the best way to test your CIMA P1 knowledge:

https://www.astranti.com/cima/operational/objectivetests/exampracticekits/

Astranti's YouTube channel is updated with new videos twice a week, from in-depth theory guidance to study tips and advice on how to PASS CIMA exams. Join thousands of other students who're already taking advantage of our free video samples by liking, subscribing, and enabling notifications:

https://www.youtube.com/user/AstrantiCIMA