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Forums › ACCA Forums › ACCA PM Performance Management Forums › ACCA Paper PM exam was – March 2021 Exam – Instant Poll and comments
I think the ratio of c assets to c liabilities should be higher given the sale of 50% of inventory was at 100% mark up (assets have increased). I make it 1.84:1
What was your answer? I made it 1.84:1. Current liabilities remain the same, but assets have increased – right?
aytashi wrote:One more tricky question was to calculate environmental cost in input/output accounting. I’ve never seen calulation questions related to environmetal topics. Neither in revision kits nor workbook itself (I studied from BPP 2020 book and 2017-2018). So it was a bit confusing.
Looks like input/output accounting under EMA section of syllabus
Prepared for linear programming but not sign of it. Anyone have?
Your were given the profit margin and mark up as well so you had to apply that
For the variances Section C 3rd subquestion – 170 trips were to be made at a global rate which is 45. Only this was to be done right
aytashi wrote:One more tricky question was to calculate environmental cost in input/output accounting. I’ve never seen calulation questions related to environmetal topics. Neither in revision kits nor workbook itself (I studied from BPP 2020 book and 2017-2018). So it was a bit confusing.
What answer did you pick for this one? @aytashi
aytashi wrote:I have another MCQ question, which I couldn’t calculate. If someone did answer this question please share how you calculated it. I got confused because I didn’t know how to get budgeted number of units. Here is the question:
In this question you will use material usage to answer. Material usage = mix + yield. You can work out the usage and yield variance and substitute into the formula above.