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Really thrilled! passed with 54% after getting 49% in Dec’15 sitting! Thank God! Thanks Open tuition!
Okay Mike,
Yr 2 costs (500+40+600)= 1,140 – 1,000 = (140,000) loss
Yr 1 profit – 20,000 + (140,000) = (160,000)loss cumulativeYr 2 costs-Yr 1 costs = 340,000 + 160,000 = (510,000)
Yr 2 Revenue (650-300) = 350 – costs 510 = (160)
then Yr2 costs 510 + Yr 1 costs 240 = (750) cumulative.
I hope my interpretation is correct?
Yes I did read that, but I am getting a forecast loss of $115,000 in Yr 2, not $160,000 or $140,000? So therefore my Yr 3 figures are incorrect as well.
I think it was a fair paper. All topics were topics I studied for but as usual time mgmt was a factor. I know I handled q4-corporate governance fairly well, but you never know with ACCA examiners where F8 is concerned. Hope to pass of course. Wish everyone the best of luck!
I went a little blank on linear programming but got x=20,000 and y=66,0000. i had both the program stage and test stage as the slack resources. Not sure how I did with transfer pricing although I thought I studied pretty well for it. I was in the middle of doing the sales quantity contribution variance when we told to stop writing. With that being said, I still believe that I did enough to pass!
Very Happy – 51%!! Thank God! Open tuition and Mike Little! Congrats to all those who passed and to those who didn’t, DON’T GIVE UP!