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December 2013 Question 1

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › December 2013 Question 1

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 21, 2014 at 9:26 am #211812
    Avatarmuhanwar
    Member
    • Topics: 13
    • Replies: 12
    • ☆

    Kindly explain (part-a) regarding the functions of WTO
    Kindly calculate (Part-b-1) training and development cost for 1st and 2nd year?

    November 21, 2014 at 1:26 pm #211915
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    For (a) you are going to have to be more specific because the examiners answer does explain. Obviously there is no point in my simply writing the same as him, but if you say which part is not clear to you then I will try and help.

    For training and development costs, the question says that in the first year they are 80% of production and selling costs. So 80% x 511.5 = 409.2

    In the second year, the question says that they fall to 20%, so 20% x 844 = 168.8

    November 21, 2014 at 2:12 pm #211944
    Avatarmuhanwar
    Member
    • Topics: 13
    • Replies: 12
    • ☆

    Thank you John

    November 21, 2014 at 2:35 pm #211953
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
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