@ no.cruncher – I'd be happy to! There are a couple nemonics Becker has to offer in Price Variances that I find to some of the most easiest and helpful devices to know in BEC.
– PURE DADS
– SAD
PURE DADS relates to Direct Material and Direct Labor Price Variances.
P – Price
U – Usage
R – Rate
E – Efficiency
Price and Usage relate to Direct Materials and Rate and Efficiency relate to Direct Labor.
The next piece of the puzzle is DADS, spelling left to right and down:
P – DA (Difference)(Actual)
U – DS (Difference)(Standard)
R – DA (Difference)Actual)
E – DS (Difference)(Actual)
– SAD => Standard – Actual = Difference
So…
– Price: (Std Price – Actual Price)(Actual Quantity)
– Usage: (Std Quantity – Actual Quantity)(Std Price)
– Rate: (Std Rate – Actual Rate)(Actual Hrs Worked)
– Efficiency: (Std Hrs Worked – Actual Hrs Worked)(Std Rate)
I hope you find this helpful! It's a littler difficult to explain just typing!
REG - 72 (Oct 2011), 74 (May 2012), 80 (July 2012)
FAR - 77 (Feb 2012)
AUD - 70 (Aug 2012), 89! (Oct 2012)
BEC - 71 (Dec 2012), 75!(Feb 2013)
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