[Zainab]

Very tough……… compared to Dec 14 (missing 1 mark top pass) & June 15.Mcq tricky, some unable to reach answer…Q5. catastrophic…Great need for the examiner to review the paper, set a paper to certain level of difficulty not all questions, q2 information not clear…Need to w8 for result now………..

[Zainab]

The explanation is helpful as i struggle to find the answer : demand function P=a-bQ which should be MR=a-2bQ.

Thank you very much.

[Zainab]

The is great need to watch the lesson.

[Zainab]

Thank you for the help ..

[Zainab]

The above explanation is very helpful.

[Zainab]

Topic Process costing:FIFO valuation
Thank you for help.

[Zainab]

Dear Mr.John Moffat,
Can you assit me in answering the Acca June 2006 past exam question number 20 & 21 on process costing:
20.A company operates a process costing system using the first-in-first-out(FIFO) method of valuation.No losses occur in the process.All materials are input at the commencement of the process.Conversion costs are incurred evenly through the process.
The following data relates to last period:
Units Degree of completion
Opening work in progress 2,000 60%
Total number of units completed 14,000
Closing work in progress 3,000 30%
$
Cost arising:
Materials 51,000
Conversion 193,170

what was the total number of units input during last period?
A.12,000 B.13,000 C.15,000 D.17,000
(i tried after several attempt, and get 15,000,is it right)

21.What was the value of the closing work in progress for last period?
A.$.21,330 B.$.21,690 C.$.22,530 D.$.22,890
(unable to get the answer)

Thanking you in advance

Can you please explain to me the prevoius question on effective interest rate from opentuition mock exam.need for cbe very soon to be sat.

[Zainab]

Thank you very much,MrJohn Moffat in helping as the calculation was a bit difficult after several trial to get the answer.

[Author]

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