[nguwah]

Passed F7 with 57 marks

[nguwah]

Noted!! Thank you, Sir.

[nguwah]

Dear Sir,

I would like to know that why added 20,000(scrap value) in average investment

The average investment is (300,0000 + 20,000) / 2 = 160,000.

[nguwah]

Dear Sir,

Thank you for your prompt reply.

Have a nice day!!!

[nguwah]

Thank you very much!

[nguwah]

Noted with thanks…

[nguwah]

Well noted….I would like to know why was deducted variable cost variance $13,000 (fav)… i understood that cost variance favourable means actual cost is lower than std…. now question need std profit so i deducted this figure before .. so i cannot get correct answer… please advice…

Sorry to disturb you….
Thank you very much

[nguwah]

Dear teacher,

Well noted.

Thank you and have a nice day????????

[nguwah]

Thanks, Teacher John. I got it.

[Author]

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