Simplified Variance Analysis: Easy Exam Technique | ACCA PM | Q. Carad

🚀 Get all my PM Videos here: https://www.stevewillistraining.com 🚀 Master ACCA PM Variance Analysis: learn how to tackle Planning and Operational Variances, Direct Materials Variances, and Direct Labour Rate & Efficiency Variances. I'll take you through past exam question Carad, from the ACCA PM Specimen Exam, and simplify the exam technique you need to get a pass. I'll share lots of tips and spreadsheet techniques to help to get you closer to a pass on your ACCA Performance Management (PM) exam.

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Table of Contents
00:00 Introduction
00:37 Exam approach: start in section A
01:03 Read the Requirements
01:21 Easy Marks First
01:57 Don't Freak Out
02:14 Find the Verb
02:57 Start with Templates
03:46 Revising the assumed knowledge is must
05:13 Sales Volume Variance Explained
05:24 Sales Price Variance Explained
05:51 Set Up the Template
06:54 Why contribution, not Sales
13:09 Sales Price Variance
16:55 Part ii: Planning and Operational Variances
19:27 Break the Price Variance into operational & Planning
26:49 Part iii: Labour Rate & Efficiency Variances

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Good luck on your upcoming ACCA PM exam!
Steve Willis ACCA
How to Pass ACCA PM
www.stevewillistraining.com

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