Planning and Operational Variances HELP | ACCA PM F5 | Question Bedco

[@SteveWillisACCA]

🎯To get access to all my videos with NO ADS, and to join my WhatsApp Group, click Here: videos.stevewillistraining.com See you in the WhatsApp group!🎯

[@jasbirsinghkhalsa3099]

It was a Teachers day on 05 of September in India & it is day to wish our teachers & Thank them... I would like to Thank you on that occasion for quickly uploading necessary videos before PM exam and truly you've been my teacher for this PM exam. I wish you a Happy Teacher's Day & Thank you for all your support.

[@SteveWillisACCA]

Thank you, Jasbir! Good luck on Wednesday :)

[@tatianamclee8674]

Was really afraid of spreasheets you simplified it for me thank you

[@SteveWillisACCA]

Excellent!

[@ridwanosman6884]

Just finished my PM exam and honestly it would have been difficult for me with the spreadsheet if I didn’t watch your videos. I had transfer pricing and planning and operational variances at section C and it so happens to be the last two videos I watched on your channel😊. Section A was relatively cool but section section B was quite tough. Thanks a lot Steve😊

[@SteveWillisACCA]

Glad I could help!

[@ayshfiroz7878]

Passed PM..Honestly your videos were very useful... Thankyou soo much sir !😃

[@SteveWillisACCA]

Most welcome 😊

[@diannedamata4509]

Hi Steve, my exam today went well. I took your advice and did section A, then C, then B. You were right, doing it that way did unlock some memory process and I found it helped with my timing as well. Your tips on how to save time worked well and I ended up having 20 minutes "buffer" time. I used to spend way too much time formatting. Thank you big time for all the time you take to upload your videos - they are super helpful.

[@SteveWillisACCA]

Excellent!

[@annmariethompson4026]

@@SteveWillisACCA Hi Sir, thanks a lot for the help. I am not feeling good , going with my gut feeling. I think I messed up. I did section A flagged a few jumped over to C and back to B. Good strategy and I will do this going forward. I must that the AA AS SS helped me also. I am taking this week off and start preparing for the resit. So you will be hearing from me. Keeping sharing those videos with us. Be safe and blessings always🙏🙏🇯🇲🇯🇲🤗

[@ankitraghav8335]

THANKS for the great help Sir. You are doing a great job Hope you'll help us with your regular upcoming vedios 🙏

[@souravnair5077]

Hello sir, Your resources are truly immaculate. Although I know that your domain is FM and PM. Can you pls make 1-2 videos for TAX UK. For most tested questions.. We students shall be mesmerized by your efforts... Due to any reason you cannot it's alright..

[@SteveWillisACCA]

Thanks for the feedback, I will do my best the first week of Nov to do a couple of tax videos.

[@alibray3430]

Thank You!

[@SteveWillisACCA]

You're welcome!

[@annmariethompson4026]

AA AS SS. Forever greatful. 🇯🇲

[@floregbadie2815]

Thank you. Very helpful as usual.

[@SteveWillisACCA]

My pleasure!

[@phuongchaupham]

Dear Steve, Can I show the calculation exactly at 17:33 on your video to get full marks? Thank you for your helped, AA AS SS really saved me!

[@SteveWillisACCA]

Absolutely use the simplified approach I showed if it helps--you'll get full marks as long as the marking team can see what you are doing, and they can using this.

[@ninetails114]

Hi steve If in the exam i calculated the variance amounts correctly however i subtracted the total revised and and standard amounts incorrectly resulting in an adverse comment instead of favorable. Would i get the entire question wrong?

[@SteveWillisACCA]

In section C you would get partial credit. Good luck 🤞

[@speedlive6106]

Hello , amazing lecture I would like to know does it matter in which format you calculate variances as i use different approach , I divide it like this Actual Xxx operational variance Revised Xxxx planning variance Original

[@speedlive6106]

Is it acceptable? Becouse i do not use formulas to calculate variances.

[@SteveWillisACCA]

There are different ways to do the calculations. Whatever you choose, make sure you are showing the marker your approach so you can get partial credit if your method is good, but there is an error. If your approach gets the correct answer consistently, then it's ok.

[@Allaboutentertainment6515]

Hi, i really did understood why you multiplied by 1.1 and 1.2? I mean I didn't understood from where you got that 1 before point. (.1 is from 10% and .2 is from 20% but 1 before point from where did you took it ?

[@SteveWillisACCA]

Hi there, the 1 in the front is how you increase the number. So if I make $50 a day, and I get a 10% pay rise, my new pay is 50 + (50*0.1)........or 50*1.1 ...... both equal 55. in the story they say that the price went up some %, and the quantity went up some %, that's why I put the 1 in front.

[@Allaboutentertainment6515]

@@SteveWillisACCA Sir, will you please make a video on Truffle co acca past paper. I am stuck on this question. Please sir, It will be a great favour. I have an exam after a week. Please.

[@LivLin-e8r]

Hello Steve can you do Vegan co Mar/June 23 one? Thanks!

[@SteveWillisACCA]

I'll put it on the list, but it won't be ready for this sitting unfortunately.

[@ftazvivinga7932]

Hi Steve. Am still not in the WhatsApp grp. Kindly add

[@SteveWillisACCA]

Hi, did you get the email with the new link?