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I was the same but I ended up leaving it and going to the next question and calculating goodwill and doing the balance sheet definitely got some marks. Hopefully you’ll be fine. Good luck to everyone ?
I adjusted – wasn’t there stock still in inventory at ye from inter company sales? Unrealised profit to add back and took off the sales from think it was 27k and 30% left in inventory?
I thought it said in the question it was $600 for the box. It went into more detail underneath ie 10 people in each box and 4 boxes… I thought the calculation regarding the 10 people per box was in relation to the drinks calculation. I calculated that there were 4 boxes so 600 x 4 and then the drinks cost was multiplied by 40 people. Perhaps I understood incorrectly but that’s how I answered. I thought the exam was hard and not like any recent past papers. I did find section c easier to deal with than a and b. There were a lot of variance questions too!
The other two calculation for the soya bean question I put down as mix and yield variance and said these should be used instead so as not to double count.