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@musmang44 said:
Guys for that variable cost co paring and buying outside question was the answer D ? In first 15 mcqs ?
What about the answer to thay waste normal abnormal los question ?I think this confused me too but remembered conventional costs were raw materials and labour. I remember selecting normal loss was conventional but I can’t remember what I thought for abnormal loss. I remember selecting C though.
@rajeshram said:
ROI q3 I believe only one manager would go for it as the ROI was higher than than the target ROI ,I put differential and opportunity for relevant costing
The last one I believe it’s ERP as question said something like integrate
Anyone with me on thesee
I have the exact same answers.
I also remember for ROI I said only one would go for it too. The manager on the left column.
I also got Enterprise system for that one!
I also put differential and opportunity costs too 🙂
I’d be interested to know what people put for:
Characteristics of service question. I actually thought they were all characteristics lol.
Figures for the Variances – sales mix was favourable for me and sales quantity was averse.
Figures for profits: $301 or something and $449 for the other budgeted.
OAR – $146 per unit.
Did anyone get the same?
Haha, I also put primary external info for the type of data question ,
I was stuck in the life cycle costing question and ended up randomly selecting the last option
What’s was ur answer for throughput accounting question I.e q14 I guess
@rajeshram said:
Haha, I also put primary external info for the type of data question ,I was stuck in the life cycle costing question and ended up randomly selecting the last option
What’s was ur answer for throughput accounting question I.e q14 I guess
hahaha me too! my answer didn’t match any of the options but I think I guessed the last option too – the 1433.33 or something right?
What was the throughput question again?
I selected option which said , services can be stored and used or something , my understanding was services are perishable ,
Regarding the Variance question – boom ! Got the exact same numbers
@heychi said:
I’d be interested to know what people put for:Characteristics of service question. I actually thought they were all characteristics lol.
Figures for the Variances – sales mix was favourable for me and sales quantity was averse.
Figures for profits: $301 or something and $449 for the other budgeted.
OAR – $146 per unit.
Did anyone get the same?
about services the difference was at point of heterogenious and homogenious,not all was applicable
@rajeshram said:
I selected option which said , services can be stored and used or something , my understanding was services are perishable ,Regarding the Variance question – boom ! Got the exact same numbers
Omg this gives me hope haha! and did you get weird decimals as well in between the sales mix variance? like they weren’t whole numbers. I worried I was doing it wrong.
I also selected the last option about perishability too. The others made more sense to me really.
@heychi said:
hahaha me too! my answer didn’t match any of the options but I think I guessed the last option too – the 1433.33 or something right?What was the throughput question again?
About life cycle putted the same answer because from calculations it was only one number more or less close to variants of answers)))
@anastassiya777 said:
about services the difference was at point of heterogenious and homogenious,not all was applicableAhh that was it! This is the right answer.
@musmang44 said:
How much u ll lopse if u used contribution per unit :'(Unfortunately i also used cobtribution.i realised it but was too late to change the figures,time pressure.i believe it was 8 marks so assuming maximum 2 marks for profit indication to loose.
@heychi said:
I’d be interested to know what people put for:Characteristics of service question. I actually thought they were all characteristics lol.
Figures for the Variances – sales mix was favourable for me and sales quantity was averse.
Figures for profits: $301 or something and $449 for the other budgeted.
OAR – $146 per unit.
Did anyone get the same?
regrading services there was ne mentioning homogenity or sth like tht which is incorrect
@anastassiya777 said:
About life cycle putted the same answer because from calculations it was only one number more or less close to variants of answers)))For question 31, what did you use to assess the performance?
They were two different products and only one year was available really.
I used Gross/Net profit margins and then used the variances.
@aglong said:
I’d be interested to know how other people approached the last question – as there was no BS sheet info, couldnt perform ROCE (etc.) calculations… apart from gross and net profit margin %’s, what other calculations did other people use?Thanks
i calculated finance costs cover ratio assuming it was interest costs.also some numbers about changes in costs that were in the scenario like decrease 50% of admin costs expected and generally sales % changes.indeed without balance sheet not much to calculate.
@heychi said:
Omg this gives me hope haha! and did you get weird decimals as well in between the sales mix variance? like they weren’t whole numbers. I worried I was doing it wrong.I also selected the last option about perishability too. The others made more sense to me really.
Yes very weird decimal points , I am more worried about the relevan costing in section B , did anyone select 110k for new machine cost ?
@heychi said:
For question 31, what did you use to assess the performance?They were two different products and only one year was available really.
I used Gross/Net profit margins and then used the variances.
if u mean about 3 mrks for calculations?i actually used this 10% increase in market so assumed we could divide on planning and operational additional variances to calculate.not sure if it was right.
@rajeshram said:
Yes very weird decimal points , I am more worried about the relevan costing in section B , did anyone select 110k for new machine cost ?i choosed 120k.indeed relevant costing area not the best.
@rajeshram said:
Yes very weird decimal points , I am more worried about the relevan costing in section B , did anyone select 110k for new machine cost ?I put $90,000 for that one.
@heychi said:
I put $90,000 for that one.I think it was lowest figure between the current purchase price 120000 and the resal value of 9000. Therefore 90000
I got $110,000 for the Relevant Cost Question, as the machine could have been used to produce a separate product making $110,000, therefore being the opportunity cost.
Last question i calculated Gross Profit Margin, Net Profit Margin, Interest Cover and talked about the 50% admin expenses, the compensation costs and the foreign currency fall of 25% etc.
Anyone get what the Lifecycle Costing one was? I remember guessing that one.
@jgoodall said:
I got $110,000 for the Relevant Cost Question, as the machine could have been used to produce a separate product making $110,000, therefore being the opportunity cost.Last question i calculated Gross Profit Margin, Net Profit Margin, Interest Cover and talked about the 50% admin expenses, the compensation costs and the foreign currency fall of 25% etc.
Anyone get what the Lifecycle Costing one was? I remember guessing that one.
Lol seems like everyone has taken a guess for that question ?
Questions on learning curve:
1. 21 minutes for 100th unit
2. Can’t remember the cost I selected. I think i chose $375 but I was running out of time so that was a guess.
3. Reason for the rate at 80% was it? Can’t remember if this was better or worse that expected?? If it was worse I put that the new customers needed the bricks to be cut different from standard and something else.I remember a question bout the Margin of Safety and I put 50%.
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