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Dear Sir, is it OK to use the above study materials for December ‘s exam? Thank you.
Yes – they are fine.
But do be aware that the format of the exam has now changed – there are more MCQs and fewer long form questions. (You can find a specimen exam on the ACCA website)
Also, do watch my free lectures – they are a complete free course for Paper F9 and cover everything needed to be able to pass F9 well.
(If you are watching the lectures then you do not need to Study Text much. More important is the Revision Kit, because practice at exam standard questions is vital.)Dear Sir,
I ‘ve watched F5 free lectures- it is great!
Now I am practising BPP revision kit questions book from 1 Sep 2015 to 31 Aug 2016, Question 1.7 asks what is the target cost gap for product X:
the target selling price is $10 per unit, target profit is 25% on cost, current cost is $8.40 per unit.my answer is required profit $10×25% = $2.50
therefore target cost is $(10-2.50)=$7.50, target cost gap is $(8.40-7.50)=$0.90The answer from BPP book is target profit (25 % of cost = 20% of sale price ) = $2
My question is why 20% of sale price not 25% of sale price?
Thank you in advance.
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