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guys iam sorry but net profit/cost of investment….thats the formula all over the world! the cost of investment you always put it as non-current asset. Total assets-current liabilities is ROCE? no…?
so you think if i did the ROI question net profit/ strictly investment like non current asset is wrong? please advise
Well said…i dont know exactly what they are trying to do by putting so hard questions rather than make you fail…we are not going to be nuclear scientists but accountants…seriously
I believe also that ACCA really needs to have a look at the questions. You suppose to study and pass and exam not write poorly questions in order to trap! students..where is the ethics there? I am very disappointed
Mr. Moffat I am really sorry wasting your time and my time…apparently I made a mistake in my initial calculations and didn’t realise that calculating the variable cost with the high units can give you exactly the same result as with the low!!!
I hope i will be more careful for tomorrow exams!!!!!Should you wish, you could close and delete the subject. From my end everything is clear now.
Best Regards
Thanks for the reply Mr. Moffat. I didn’t know that you could calculate fixed overhead costs by taking the lowest. I assume that any person that chose to solve by taking the highest resulting to different results could be also be valid correct?
Best Regards
Anil, i thought to do it but i didn’t …:( i hope i dont loose all marks cos i have done everyhting right…except from that…the techinique i mean
Hi all,
just a question please…someone seems that deleted the topic that was opened i don’t know why…
In question 2 instead of taking minutes for my calculation i took the hours..
In addition i found much more less values than you guys but you think i was wrong completely? for example if i remember well i took for the labor 30X+40Y=1,800hours and not the minutes that was given in the brackets. However when i tried to calculate the slack my figures were matching exactly with the hours, i think one it was 12,000 if i am not mistaken…
please help,
thanks in Advance 🙂Hi guys, just a question please and i would appreciate if someone could answer tome!!!! 😀
in question 2, i think instead taking the minutes…
for instance
24x+30y=1,800,000 minutes…i touk the hours like i think it was 1,800 so my figures were much less than yours..you think i could loose all marks??? and slack actually based on that was for the second equation 12,000 exactly which was agreeing with the hours.I would appreciate if someone could tell me or help me on that!
Thanks in advance!!!