All criteria achieved.

All criteria achieved.

All criteria achieved.

Unit 7 Managing Accounting

DISTINCTION GRADE

BTEC Business Management -Unit 7 management accounting

This report is about the likely cause of each variance and suggested action the management can take. I have included sales price variance, sales volume variance, material price variance, material usage variance, labour rate variance, and labour efficiency variance. Each paragraph is detailed on what they are, if its favourable or adverse, the reasons for it, what is results to for the business, and ways in which they can improve their variance.