[Kerri – Ann]

Thanks John

[Kerri – Ann]

Hi John,

Re: Cement co June 2011 Part (a)

I am confused about one figure in the payoff table “640”

My calculations for that figure is: “1040”

280 * 5 – ((280-200)*4.5)) = 1040

Can you please state where I am going wrong?

Kalyca

[Kerri – Ann]

Thanks you opentuition for all your help over the last 6 months I look forward to f5 with your team….. thanks again!

[Kerri – Ann]

Thanks John.

[Kerri – Ann]

At the start of the year a company had 2000 workers employed during the 400 workers left the company at the end of the year there were 2200 workers employed. what was the labour Turnover?

Now I inderstand the there was a 9% increase in workers (2000/2200).

What i can’t get is the 10%…….maybe i am over thinking it……please assist.

[Kerri – Ann]

Hi John

Thanks for this but thats not one of the answer options.

The options are as follows:

A B C D
Cost per unit 131.67 132.22 119 100
Inventory value 118,500 118,000 107,100 90,000

[Kerri – Ann]

Input costs to a process amount to $120,000. It is expected that 1,000 units of good output will be produced and that normal losses will be 200units.
In fact, only 900 units of good output were produced. All losses, whether normal or abnormal can be sold for $5/unit.
What is the cost per unit of good output and what is its inventory value?

This is what I did:
Expect units 1000 Total Cost 120,000.00
Normal loss (200) Scrap Value (1,000.00)
800 119,000.00
Cost Per unit = 119,000/800. = 148.75
Actual Output value is = 900* 148.75 = 133,875
Abnormal Gain:
100 Units * 148.75 = 14,875.00
Scrap Value :
100 Units * 5 = (500.00)
14,375.00

[Kerri – Ann]

Exactly the same thing I did.

[Kerri – Ann]

Is F level ……. Final level

[Author]

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