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There was no yield!!!! Only operational and planning variances, mix variance and usage variance.
I am sorry, but I really cannot recall what I exactly have done in the exam, I just kept on going!
Yes, sorry, there was no yield..but still this kind of question with revised standard and mix both has not been asked before, so I am not sure which price did we have to multiply it with.
<cite>@syedz123 said:</cite>
this came out:
1) decision tree – had components of finding the value of imperfect information
2) balanced scorecard – for each perspective state 2 goals or objective along with 1 performance measure for each goals (16 marks)
3) costing was to find the lifetime cost per unit where it had components of target costing,learning curve + LCC
part (b) was to discuss market skimming and whether it was appropriate to apply to the qustion’s case
4)operational and planning varriances, sales mix and sales quantity had components of absorption costing and briefly comment of the sales manager performance
5) recalculate the budget surplus or deficit based on notes
(b)advantages and disadvantages of incremental budgeting
(c)steps involved with zero based budgeting
(d)how to apply zbb to the qeustion’s caseOpen tuition “intelligent guesses” were truly reliable in relation to your statement. Good job open tuition and John Moffat. You are truly intelligent 🙂
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It seem that I did quite well on theory rather than calculation but I attemed all part of questions but I do not remember that how many questions was on Q2 balanced scorecard. Can anyone tell me?
Both mix and quantity variances have to be multiplied by contribution (standing selling price less variable cost) giving in the top . To be honest variance q was a bit straightforward. Or maybe because I’ve done to many questions in my revision and they far tough the this one
Sam, it asked for sales quantity variance, which mean Sales Yield Variance. usage variance for sales is sales volume variance.
ACCA actually took a different approach this time, you either can easily pass or easily fail. Well, God would help us all.
According to my knowledge, if it asks for Sales Mix Profit variance or Sales Mix Contribution variance, then we have to multiply by that, but in this question, it asked for Sales Mix variance. (did not specify Profit / Contribution)
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did ny 1 get 48000 as value 4 perfect info ???
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Decision Tree could be a fallout for me…totally lost it!!
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<cite>@seng0601 said:</cite>
I made mistake on sales quantity and mix variance ahhhh..
i use the difference multiply the sales price instead using the sta inshallah u will passMessed up on the decision tree question, got confused with it and probably spend to much time on it. Am I correct for the variance sales and mix you use the standard rate as the contribution rate? I think I got the same budget deficit of €5,760 I think. I did find it tough compared to other passed papers.
the variance question was my best. I attempted all questions, but didnt do the value of perfect information for 1, got stuck in calculating the life cylce cost per unit for 3, and just did the steps for zero budgeting and answered incremental budgeting question for no 5.I also did the balanced score card question. I really do hope I pass.
<cite> @mfc2476 said:</cite>
for q5 i got a budget deficit of about 5,760 i thinkI got the same!
I missed imperfect information question and messed up with balance scorecard as did not have time to read all information.
And also run out of 3 black pens! So I had to finish 1.5 question using pencil, how it will affect my marks?I attempted all the questions, but variances I did very poorly. Other questions seemed to be not very difficult. But I don’t understand how you got 5760 deficit in Q5, I got something like 34000 deficit. What’s done is done, 51 marks would be enough for me 🙂
Anyone can tell how to answer question 1? I suggested do not invest in studio as profits were 126 thousand lower
<cite> @mfc2476 said:</cite>
i only managed to do the planning and operating variance for comodity 3 by working out how they had calculated them for comodity 1 and 2 as they gave the answers to these in the question!I did all variances and checked planning and operating variance using calculations for commodity 1 and 2 too !
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I couldn’t attend Variance question about performance evaluation of manager &
Budgeting question can’t able to finished calculation part because of time pressures.- Topics: 0
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what constituted the 4 remaining marks in the balancred scorecard question? i forgot….
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<cite>@iyerusalem said:</cite>
what constituted the 4 remaining marks in the balancred scorecard question? i forgot….It was how to improve the situation that customers left the contract after the 3 month minimum period
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