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chap 14 practice test question 3

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › chap 14 practice test question 3

  • This topic has 3 replies, 2 voices, and was last updated 2 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 19, 2022 at 3:53 pm #656036
    mohammedkaja
    Participant
    • Topics: 21
    • Replies: 25
    • ☆

    hi sir,
    hope your doing well,
    In question 3 of the practice test in chap 14 (PM) I am quite confused as to why they take the ratio as 7/10 for x and 3/10 for y.
    is it because the std contribution is said to be 30%.
    even though,is it by default like this?
    why cant it be 7/10 for y and 3/10 for x?
    kindly,clarify.

    May 19, 2022 at 5:05 pm #656046
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    The question says that they have budgeted on selling 7,000 of X and 3,000 of Y. That is 10,000 in total of which 70% are X and 30% are Y. That is the ratio in which they should be producing.

    June 4, 2022 at 6:40 pm #657378
    mohammedkaja
    Participant
    • Topics: 21
    • Replies: 25
    • ☆

    Okay sir thankyou for your clarification

    June 5, 2022 at 9:25 am #657420
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    You are welcome.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘chap 14 practice test question 3’ is closed to new replies.

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