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EPSM Unit 8 Accountancy Costs

Forums › Qualified Members forum › EPSM Unit 8 Accountancy Costs

  • This topic has 11 replies, 5 voices, and was last updated 1 year ago by Kim Smith.
Viewing 12 posts - 1 through 12 (of 12 total)
  • Author
    Posts
  • August 6, 2023 at 9:50 am #689451
    allie.c
    Participant
    • Topics: 1
    • Replies: 1
    • ☆

    Hi,

    I am having trouble with my calculations for EPSM Unit 8, Accountancy Department Costs Quiz – Option A: Restructured In-House.

    August 7, 2023 at 8:21 am #689504
    Kim Smith
    Keymaster
    • Topics: 132
    • Replies: 8269
    • ☆☆☆☆☆

    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.

    August 7, 2023 at 11:32 am #689529
    allie.c
    Participant
    • Topics: 1
    • Replies: 1
    • ☆

    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?

    August 16, 2023 at 11:43 pm #690060
    Lightclouds
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    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

    August 17, 2023 at 6:14 pm #690097
    Kim Smith
    Keymaster
    • Topics: 132
    • Replies: 8269
    • ☆☆☆☆☆

    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

    August 17, 2023 at 8:25 pm #690113
    Lightclouds
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    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.

    August 18, 2023 at 10:17 am #690149
    Kim Smith
    Keymaster
    • Topics: 132
    • Replies: 8269
    • ☆☆☆☆☆

    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.

    September 15, 2023 at 3:56 pm #692082
    hasnat
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    what is the answer for accounting department option a and b, i am really struggling

    September 15, 2023 at 5:16 pm #692089
    Kim Smith
    Keymaster
    • Topics: 132
    • Replies: 8269
    • ☆☆☆☆☆

    @hasnat please see this post https://opentuition.com/topic/problem-in-calculating-outsourcing-cost

    November 27, 2023 at 3:30 pm #695622
    Nina2020
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    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.

    November 27, 2023 at 3:32 pm #695623
    Nina2020
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    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.

    November 27, 2023 at 3:49 pm #695625
    Kim Smith
    Keymaster
    • Topics: 132
    • Replies: 8269
    • ☆☆☆☆☆

    @Nina2020 – please see this post https://opentuition.com/topic/problem-in-calculating-outsourcing-cost

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Viewing 12 posts - 1 through 12 (of 12 total)
  • The topic ‘EPSM Unit 8 Accountancy Costs’ is closed to new replies.

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