Never Give Up! eh! =)

Oh man, the talk of the 'own now is really 'bout who's your
date for valentine's day. Wahaha..

Think i am kinda out of the league already eh.. haha.
Haven't been participating in the circle of relationship.
haha..
No dates yes! just gotta wonder what i am going to do that day.
haha..
Well its great being single! ha..
Its great being attached too!
Contradicting.
Oh well.. yes the almighty one up there. you decide when i am
going to get one LT one alright. haha..

Oh man!! After the Cost Management And Application lecture
yesterday, i am clearly blurred by the formulas!!
Don't really like it, when i just have to apply the formulas..
so yea.. kinda spend time today reading through the text into the
WHY the formula is liddat...

Direct Material Price Variance
=Purchase Quantity(Actual Price - Standard Price)
Tell u this one still ok... cause after reading through the textbook,
i felt better. it uses Purchase Quantity because its a formula to get
the effect of the price difference when purchasing material.

Direct Material Quantity Variance
=Standard Price(Actual Quantity-Standard Quantity)
This one measures the quantity difference when u are taking it in
accordance with the basis price or standard price.

Haix..

Formulas..

haha..

Cheers,
py

posted by py @ 11:36 PM