[jameshenry]

But, Year 1 is 5000*0.20=1000
Year 2 is 4000*0.20= 800
Year 3 3200*0.20=640

= 2440…Where am I going wrong?

Thanks

FORGET, FORGET!! Actually see the problem now. I never took the last 640 off 3200!! I thought I was going mad because I’ve done it loads of time and got the right answer. Was doing too many questions in one go.

Thanks again

[jameshenry]

OK, must do. I can do the Global version here rather than paying for a course if I do the variant, although, obviously I’ll have to do outside tuition on F6 (Taxation) as the Irish Tax system won’t be covered (unfortunately) by the F6 lectures on OT.

Thanks

[jameshenry]

Give it about three weeks/month to study syllabus, because it’s a wide course, there is not much point (unlike computational papers concerned more with technique and application ) in delaying the exam once you’ve adsorbed the main content.

[jameshenry]

Actually, logically it must be an DR in the bank account (increase in income) and a CR in the Income Account (Rent Received). Is this correct? Silly mistake, but it didn’t reference another account, so I assume this must be the case?

[jameshenry]

Yes, I’ve written down most and remember the majority now. I find when you have to work backwards i.e getting the actual rate of pay or actual amount produced, a bit more tricky than a simple question and how to get a variance. I suppose it’s an area where you must simply learn the rules verbatim, where as. mostly elsewhere the the logic of what you’re doing is very evident.

[jameshenry]

Hi John

Sorry, that’s Sales Price- minus- Contribution. I understand as the only O/H variance with MC is expenditure.

Thanks

[jameshenry]

Thanks, Yes 4 is logical and makes sense, but, some of the Kaplan questions have asked for a moving average over 3 or 5, which isn’t perhaps what’s most used in the real world.

Yes, I get your point about the seasonality pertaining to a short time range (a few years at most)….I was thinking if cyclical trends which you said in another post can’t really be modeled very accurately.

[jameshenry]

That’s interesting- I was asking more from a non-exam position, but, thanks.

[jameshenry]

OK so 20% would be likewise 20/110 (.1818) 2400 and so on..makes sense to me, I just read a bit quickly and passed over 10% of “output” (not input) reference.

Thanks

[jameshenry]

Thanks. If doing over 6 months you’d be dividing yearly d/2 and dividing your yearly holding cost by 2 at the end.

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