BEC – Variances. Need help

  • Creator
    Topic
  • #202567
    J P
    Participant

    Having trouble with the variance problems in BEC. Does anyone have any good memorization techniques? Easy ways to learn this stuff. Exam is 6/9 and this is the last piece I am struggling with.

    REG - 64(just wiley), 81 (Wiley & Ninja MCQs)
    BEC - 72, 74, October 2016
    AUD - August 2016
    FAR - January 2017

Viewing 13 replies - 1 through 13 (of 13 total)
  • Author
    Replies
  • #780265
    Kelleyzt32
    Participant

    SAD PURE DADS DADS is the best way for DM and DL variances

    SAD – Standard – Actual = Difference

    Price = Diff * Actual
    Usage = Diff * Standard
    Rate = Diff * Actual
    Efficiency = Diff * Standard

    REG - 91
    FAR - 86
    BEC - 84
    AUD - July 2016

    #780266
    J P
    Participant

    Thanks. What does DADS DADS stand for?

    REG - 64(just wiley), 81 (Wiley & Ninja MCQs)
    BEC - 72, 74, October 2016
    AUD - August 2016
    FAR - January 2017

    #780267
    Kelleyzt32
    Participant

    The difference * actual
    and difference * standard

    REG - 91
    FAR - 86
    BEC - 84
    AUD - July 2016

    #780268
    J P
    Participant

    I see now. Appreciate the help.

    REG - 64(just wiley), 81 (Wiley & Ninja MCQs)
    BEC - 72, 74, October 2016
    AUD - August 2016
    FAR - January 2017

    #780269
    KSOZE
    Participant

    This is awesome. Thanks!

    I have biggest difficulty with overhead variances, so hoping there aren't too many of those on the exam, but I'm drilling questions until then.

    BEC - 80
    FAR - 81 (third attempt)
    AUD - waiting for score 8/23
    REG - 09/08/2016 - going to cram and wing it

    OH Ethics - Completed

    #780270
    Kelleyzt32
    Participant

    KSOZE – I have no help on the VOH and FOH. Just hope you get lucky like I did!!

    REG - 91
    FAR - 86
    BEC - 84
    AUD - July 2016

    #780271
    KSOZE
    Participant

    Haha thank you! I'm drilling the questions, but unlike the labor and material variances which click in my head (and that SAD PURE DADS DADS mnemonic is helping a HUGE amount), VOH and FOH make no sense to me whatsoever. I found this video on YouTube from a poster here on this forum from a couple years ago that hopefully will help me come test day.

    BEC - 80
    FAR - 81 (third attempt)
    AUD - waiting for score 8/23
    REG - 09/08/2016 - going to cram and wing it

    OH Ethics - Completed

    #780272
    aatoural
    Participant

    For the VOH I use the same as the DL variances. R = DA and E = DS. The tiny difference is that the efficiency one uses standard hours based on actual production.

    The FOH are the easites FOH spending you can use SAD as well and for the other just combined standard and budgeted.

    BEC - PASSED
    AUD - 8/29/16
    FAR - TBS
    REG - TBS

    #780273
    Anonymous
    Inactive

    I'm liking variances now.

    But how's coefficient of correlation or determination treating you? I am not even sure what I am reading or looking through all these graphs or diagrams in NINJA MCQs.

    #780274
    J P
    Participant

    I firmly believe these graphs and diagrams are just ways Ninja is teaching your brain the content. I can't imagine being thrown these huge graphs on an actual exam.

    REG - 64(just wiley), 81 (Wiley & Ninja MCQs)
    BEC - 72, 74, October 2016
    AUD - August 2016
    FAR - January 2017

    #780275
    J P
    Participant

    Can't seem to grasp this stuff. At least I have a 25% shot. lol

    REG - 64(just wiley), 81 (Wiley & Ninja MCQs)
    BEC - 72, 74, October 2016
    AUD - August 2016
    FAR - January 2017

    #780276
    Anonymous
    Inactive

    I hear ya, JP.

    Going back to variance, can you handle this one? I cannot!

    View post on imgur.com

    #780277
    monikernc
    Participant

    roger has a free video on youtube that is really good for variances.

    FAR 7/25/15 76!
    AUD 10/30/15 93
    BEC 2/27/16 82
    REG 5/23/16 88!
    Ninja Book and MCQ and the forum - all the way!!!
    and a little thing i like to call, time and effort!
    if you want things to change, you have to do something different

Viewing 13 replies - 1 through 13 (of 13 total)
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