I created one. For Part 1 I memorized the variance formulas, materials price, materials quantity, labor, overhead variances, etc. Wrote all those all out on scratch paper before the exam started. Those are the one's that don't stick as well, especially the various Overhead variances. Compared to part 2, there are a lot less formulas in Part 1 to memorize.
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Daniel Dural
Accountant
United States
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Original Message:
Sent: 03-06-2020 03:31 PM
From: Kristin McIntire
Subject: Part 1 Formula Sheet
Hello everyone, I found in the library a couple great excel formula sheets for Part 2... which I already took (I should have looked earlier!). I have the Hock material which I like, as well as the downloaded sample questions from IMA. Has anyone created a formula study sheet for Part 1?
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Kristin McIntire
Director/Manager
Hamilton MI
United States
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