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Mind map

Variance Analysis

Lesley Longley CIMA Op Case Study Feb 15 English

Mind map on variance analysis: label problems, emergency order refusal, customer goodwill and adverse variances

Mind map: variance analysis

Map content

Variance Analysis

  1. Problems with labels

    • Reworking labels - adverse labour efficiency variance
    • Adverse label usage variance
  2. incorrect order and refusal to do emergency order

    • adverse sales quantity variance in short term
  3. Both issues together may have effected CUSTOMER GOODWILL

    • could lead to longer-term adverse sales quantity variance

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CIMA Op Case Study Feb 15 (CIMA P1 Practice Task 3) Mind Map on Variance Analysis, created by Lesley Longley on 23/01/2015.
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Lesley Longley
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