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@2929107 said:
hi, any idea when the december sitting paper will be posted?Yess please does anyone about this? I’m curious to find out too. When is the question paper released?
@heychi said:
I focused on the OPP. The paragraph said they had a minimum and maximum demand they had to produce as far as I’m aware..Although they said the minimum must be met, the question specifically asked what is the optimal production plan (with only 120 or something minutes/hours left) in order to maximize the profit.
I got my answer by finding the contribution for each cake, and then dividing by the limiting factor i.e hours/minutes to find amount of contribution per limiting factor.
The biggest contributor gets made first.The demand I used was the maximum expected demand. After I did that, there was no time to make any muffins.
The same thing happened in September paper I think where people said to honor the contract..I found the answer was asking to focusing on the OPP as normal and then using the Maximum expected demand (including the contract). So in this case, that’s what I did.
This is only my answer and opinion though.
You make sense and knowledge wise both of us solved it the same way. However, the difference in our answer is due to the fact that I solved it in accordance with the scenario provided at the beginning because it was an MTQ and you solved it independently. Neither one deserves to be wrong because we both had the knowledge lol.
@ahmadsaad143 said:
You make sense and knowledge wise both of us solved it the same way. However, the difference in our answer is due to the fact that I solved it in accordance with the scenario provided at the beginning because it was an MTQ and you solved it independently. Neither one deserves to be wrong because we both had the knowledge lol.I hear you. It was a tough exam overall. I really would be flattered if somehow I’ve passed!
ROI questions:
1. Capital employed. Did you add Head office non-current assets to the Division’s non current? And plus working capital to get capital employed?
2. Profit figure in ROI. For the investment center division, is it preferred to add Head office costs to the income statement of the division in order to measure the divisions operations?
Hy guys, I had a complete disaster in the exam .I did self study & used the Becker book but realised the book was at a much less advanced level than the actual exam. which book did you all use?
@gurp said:
Hy guys, I had a complete disaster in the exam .I did self study & used the Becker book but realised the book was at a much less advanced level than the actual exam. which book did you all use?I used the opentuition notes and lectures for going through the syllabus. It is the best.
And kaplan for practice questions.Anybody knows exact figures – should have been added to ROI calculations of Divisions?
@ahmadsaad143 said:
I used the opentuition notes and lectures for going through the syllabus. It is the best.
And kaplan for practice questions.Thank you for the reply. Did you use any of the books for the syllabus at all or purely opentuition?
@gurp said:
Thank you for the reply. Did you use any of the books for the syllabus at all or purely opentuition?No problem Gurpreet I just used the opentuition notes and lectures for syllabus, nothing else. It covers everything.
Past papers and Kaplan for practice.What were your answers for the ROIs of both divisions?
I got 18 point some % and 27% or so(don’t remember exactly but it was a 20+ figure)for the divisions.For the rolling budget the problems I put was
That they would need to train the staff since its a new technique
Staff would be overworked since the senior accounting staff were on leave
Increased cost since overtime and training would be needed
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