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@keisuke Batch is when a group of units are produced together. i.e there are 10 units per batch. So if you had 100 units and the batch size is 10, there would be 10 batches. Component is just the element of the final “product” it was referring to…. component 1, 2 and 3 are just parts of the final product….being a tech company, working out the costs for each component that make the final product…. I think.
@tomstrong96 The pay off table was probably the bit I struggled with the most (I was ready for a nasty linear programming question) …. I put the table together, set it up etc worked out the contribution per unit. I think I applied 80% to the supply units as only 80% produced could be sold and that was about it, then moved onto the next bit about maxi min…. had to manage the time, I could of spent an hour just doing the payoff table, sadly. So just cut my losses and moved on! 12 marks on the table I think, maybe I’ll get 1 or 2 marks for that question!!
How did you get on with the balance s/c?
@nikolavintrova with the rolling budget I think I added 2% to the cost of the actual and used that as the basis for the Q2 budget as the question stated that 2% was accurate. I personally thought the labour variance was a red herring and I didn’t adjust for that – probably wrong. I cant remember what I put for the MOS – I think I put the selling price at 22.50 or something, I took the $3000 revenue budgeted and divided it by the total number of units that was stated on the graph – I couldn’t see anywhere else what the bud no., of units was….. – again probably wrong. I hadn’t done a lot of practice on this question area, as I was more focused on linear prog, relevant costs and PED etc etc which none came up….
I also read every ACCA technical article on the website, except the balance s/c article…..which now I regret.
I was begging for a 20 mark question on “assess the performance” to come up….unfortunately it didnt for me…. hopefully we did better than we think we did…
I found it OK. Section B, I had ABC and a Cost/Profit Graph and a Rolling budget question.
Section C I had a Pay off table and Maxi tables, and then a balance scorecard….
Nothing at all on linear programming, straight line, MR/MC, Make or Buy, relevant costing, or throughput. One or two section A questions on this but not much. Which unfortunately was where I spent most of my revision mastering.
I spent most the time learning the more challenging areas, but not so much on pay off tables and balance scorecards for 40 marks. Nothing on variances either, except a 2 mark question.
It seems some people had an all numbers exam and others pretty much none!