CIMA P1 Syllabus A. Cost Accounting For Decision And Control - Backwards Variances - Notes ^{11 / 12}

Backwards Variances

Sometimes you will be asked to work backwards from a variance to actual or budgeted data.

The most effective technique here is to:

1. Write out the variance proforma

2. Fill in the pro forma as much as you can (with figures given in the question)

3. Work backwards, by filling in the blanks, until you get to your answer