Hi,
I am having trouble with my calculations for EPSM Unit 8, Accountancy Department Costs Quiz - Option A: Restructured In-House.
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EPSM Unit 8 Accountancy Costs
There is an EPSM forum here https://opentuition.com/forum/ask-acca-tutor-forums/acca-ethics-and-professional-skills-module
There are several threads that refer to unit 8 - https://opentuition.com/topic/acca-ethics-and-professional-skills-module-unit-7-unit-8-2 - if the task asks for "effect" - bear in mind that you should be calculating a difference/increment.
I originally calculated 25% all of the payroll total (all staff included), but re-reading it I have only included 25% to the remaining payroll staff costs (not including HOA). Is this where I made a mistake?
Hi Kim, I tried all I could do, but still can not pass the first question of Accountancy Department costs. Could you please help me out with this?
Head of accounting 70
Fully qualified (FQ) = 45 *1.1*1.25 * 2(FQ) = 123.75
Part qualified (PQ) = 30*1.1*1.25*3(PQ) = 123.75
Accounting technicians (T) = 20*1.1*1.25*4(T)=110
Total Salary costs will be $ 427.5K
Amortisation of non-current assets 80
Accounting admin costs: materials and variable overheads 160
Accounting staff costs** 427.5
Total Accounting Department cost: $667.5K
But the answer is still not correct, could you please tell me where I did wrong?
Thanks
Please note that there is a separate forum for EPSM - I think this might be the post you need https://opentuition.com/topic/problem-in-calculating-outsourcing-cost
By collaborating, the parties have the greatest prospect of arriving at a position acceptable to both, while ‘smoothing’ over the issues will just defer them to a later date. The approach least likely to end up in a win-win is the ‘compete’ strategy as it involves confrontation and this usually ends up in a win-lose outcome.
Seem the answer is Collaborating, why it verdict me incorrect?
I wish I can post the snapshot here to show your that.
As I said on my previous post, there is a separate forum for EPSM https://opentuition.com/forum/ask-acca-tutor-forums/acca-ethics-and-professional-skills-module
If this is something in the final assessment, I do not have access to that.
what is the answer for accounting department option a and b, i am really struggling
@hasnat please see this post https://opentuition.com/topic/problem-in-calculating-outsourcing-cost
Hello, did you manage to answer the quiz questions?
Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A);
Thank you.
Hi, can anyone support? I'm not able to get right answer for the following question (EPSM UNIT8 Quiz):
Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A);
What is the right answer? Please support. Thanks.
@Nina2020 - please see this post https://opentuition.com/topic/problem-in-calculating-outsourcing-cost
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