[legendary]

55% First Attempt

[legendary]

From 41% to 51%.
Passed AA on the second attempt. I’m so happy right now.

[legendary]

Please read the examiner’s reports and practice a lot of pass questions.

[legendary]

Thanks OT. The First attempt was 49% and I was so depressed. Nailed it the second attempt with 62%. Never give up.

[legendary]

Thank you John

[legendary]

aytashi wrote:

legendary wrote:Material price planning variance = 1,775 Adv
Material price operating variance= 710 Fav<br>Material usage planning variance = 0 (because I could not find any revised usage figure)<br>Material usage operating variance= 600 Adv

Yeah.
I got one that was confusing.

[legendary]

So what was your total material usage variance then?

[legendary]

I got a question under mix variance.

[legendary]

rahul6342 wrote:I think the material usage planning variance was the trips were increased from 150 to 170 per month by the board of directors and the manager was NOT part of the board so this was out of his control . So 20 trips * 2 tonnes per trip = 40 tonnes at $40 per tonne = 1600 Adverse is what I got

What was your operating usage variance?
Because total usage variance should be 600A:
(340-355) x $40 = -15 x $40 = $600A

[legendary]

rahul6342 wrote:I think the material usage planning variance was the trips were increased from 150 to 170 per month by the board of directors and the manager was NOT part of the board so this was out of his control . So 20 trips * 2 tonnes per trip = 40 tonnes at $40 per tonne = 1600 Adverse is what I got

Then you must have usage operating variance to be 1000F because total material usage variance equals:
170 trips was suppose to used (170 x 2) = 340tonnes
But they used 355tonnes

Variance = (340-355) x 40 (standard price per tonne) = 600A

I think the material here is coal not trip.

[legendary]

I think I got one question on that.

[legendary]

I think the material is the coal not the trips.

[legendary]

aytashi wrote:

simk wrote:

aytashi wrote:This is for students who did not attend in March session.

I think the material in the question is the coal not the trip.

[legendary]

Material price planning variance = 1,775 Adv
Material price operating variance= 710 Fav
Material usage planning variance = 0 (because I could not find any revised usage figure)
Material usage operating variance= 600 Adv

I just concluded the assessment stating that the 710F outweighs the 600A

[legendary]

namah1 wrote:

GraceOla wrote:Oh, the questions were different then. I had to pick one of four options.

Material price planning variance = 1,775 Adv
Material price operating variance= 710 Fav
Material usage planning variance = 0 (because I could not find any revised usage figure)
Material usage operating variance= 600 Adv

I just concluded the assessment stating that the 710F outweighs the 600A

[legendary]

The variance analysis wasn’t that bad the balanced scorecard was just a question I prepared myself for. Fingers crossed though.

[legendary]

Section C: Balanced scorecard and Variance Analysis(Material price & usage)

[legendary]

Section B: 1. Targeting cost, 2. Flexible budgeting, 3. Risk & uncertainty (Payoff table, Maximax, Regret table, Perfect information, etc)
Section C: Balance scorecard and Variance Analysis (Material price & Material usage)

[legendary]

Got balanced scorecard question and Variance Analysis question (price & usage) in section C.
Section B: 1. Flexible Budgeting, 2. Risk & Uncertainty (Payoff table, maximax, minimax, regret table, etc), 3. Target Costing.

[Author]

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