ACCA F5 Revision Lecture Relevant costing (Past Exam Question 4 Dec 2007)
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well explained…Thank you OT
How to we answer part (c). I’m not getting the answer. Can someone please guide me through this?
Mr Moffat,
In the Dec 2007 marking scheme the lost contribution is $100 per labor hour and we are not getting that. We got a different figure, so is the marking scheme wrong?
Of course the marking scheme is not wrong!!!
However the marking scheme does not have $100 in it.
The examiners answer does use $100, but there are several ways of approaching it – the final answer is the same.
There are many questions where the answer can be arrived at in more than one way. You get the marks for approaching it correctly, not for setting it out in exactly the same way as the examiner.
very good explanation from Mr. Moffat. Keep it up! And thank you for the free tuitions. You make many smile.
this examiner must have been crazy to set a question like this style for the students in the exam. This question is ridiculous. Ann, in Dec 2011, certainly set a better question than this on relevant costing.
Let’s all pray we do not get a relevant costing question tomorrow in the exam!!!!
OMG! I am surprised to see you saying that about this question… Just yesterday as I was attempting relevant costing questions “I think it is a hard topic when it comes to exam questions” I came across this question in my revision kit and I actually skipped it without attempting because I got frustrated when I started reading!!!!! Now I am sure that if it appeared to me in an exam situation I wouldn’t have skipped it like this, I would have tried a little bit, but it is ironic how I had the same attitude you described about just skipping the question..!
I was accessing all the lecturers through chrome till yestday but all of a sudden I can not see any lecturers nw.Even in Firefox :((
maybe it is temporary problem,
lecture plays OK from this end.
lecture works fine –
try google chrome
I can not see any lecture ??Is there problem from my side or there is no lecture???
Please advise!!