please can anyone clarify whether the following standards costing variances are applicable for IPCC
-capacity variance (FOHV)
-efficiency variance (FOHV)
-calendar variance (FOHV)
-idle time variance(VOHV)
-revied efficiency varaince(VOHV)
the reason i am asking this question is there is nothing mentioned about these variances in the IPCC study material not even the formula...at the same time, it is there in padukas costing book. there are chances that these are for PE2 . please can anyone confirm.thank u.
CAclubindia
