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Hey, in Question 4, Why did some of you use high low method ?? I still remember, in the question, it was written Fixed Overhead Cost. Why did you split it into variable and fixed overhead ??
@ehsanshah said:
what u guys wrote about ZBB? 9 marks? I said giving priorities to Decision package will be the biggest challenge due to Natural disaster. Than implementing ZBB in one month’s time is quite difficult and so on !Left this til last and really rushed it so don’t think I’ll get much at all.
Both the points you made are good so should score you marks – wish I’d put them!!
@erathan said:
Hey, in Question 4, Why did some of you use high low method ?? I still remember, in the question, it was written Fixed Overhead Cost. Why did you split it into variable and fixed overhead ??Fixed cost wasnt constant… it included some Variable portion too !
@ehsanshah said:
demand was already set on the question.. 144500 wasn’t the demand i guess just need to use it for deriving suitable price.But, if we assume that they will sell at the optimum price, that would be the demand. What was listed in the table was to show costs at various demand levels in order to calculate MC for the equation.
I don’t think that was my deman figure oh my!!
@jenny3549 you’re absolutely right lol (we need all the comfort we can get at this point)@jenny3549 said:
Left this til last and really rushed it so don’t think I’ll get much at all.Both the points you made are good so should score you marks – wish I’d put them!!
Ahan… what about transfer pricing what you wrote ?
Can anyone remember Q about labour efficiency planning and operating variances?
I think I messed up…I calculated production time for the 1000th unit and used it as revised time … it was 2.08 hrs
@y0lk@ said:
Can anyone remember Q about labour efficiency planning and operating variances?
I think I messed up…I calculated production time for the 1000th unit and used it as revised time … it was 2.08 hrs
I added 2.08 to 7 hours
@y0lk@ said:
Can anyone remember Q about labour efficiency planning and operating variances?
I think I messed up…I calculated production time for the 1000th unit and used it as revised time … it was 2.08 hrs
why did u take 1000 units when they were asking only for 460 units? Am i missing anything here?
@acca145 said:
My answer to first mcqs was “C” 162,000. What about learning rate in q3?what was the question like?
Damn it didn’t take rate for 1000 units….. they didnt state anything like that…. -_- They just said it will go on for 1000 units… and Never seen something like 1000th unit rate will be used !
Abdul, ass far as I remember there was 90% learning rate for the first 1000 units which wasn’t taken originally into account.
That is why I calculated the time for the 1000th unit and used it in calculation of planning and operating variance.
But again I am not sure whether it was the correct way of doing it.@acca145 said:
i took learning rate on 460 units and my hours were 1268 something what about you?same here.
@ehsanshah said:
what u guys wrote about ZBB? 9 marks? I said giving priorities to Decision package will be the biggest challenge due to Natural disaster. Than implementing ZBB in one month’s time is quite difficult and so on !A fair amount.
Really mentioned that it was may be difficult to rank which of the services it provided was the most usefull as it had around 7 different services.
The problem with extreme disasters may lead to increased budget for these as last years problems may be accounted for in this year budget as the costs and revenues for next year may be expected to be greater due to last years problem and the next budget being so close to the event.
The problem of short term goals being preferred to longer terms goals and therefore the waste bins may not have resources allocated to it as the initial investment cost were large and the benefits were long term.- Topics: 2
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Did same thing as you. Hope its right
Since the learning rate hadn’t finished yet I calculated the time for 460 units as that was how long that month’s production actually took. Don’t think the 1000th unit was relevant here as we weren’t trying to come up with a new cost for the product or anything – we were trying to compare budget and actual (split for the revised time).
@jenny3549 said:
Since the learning rate hadn’t finished yet I calculated the time for 460 units as that was how long that month’s production actually took. Don’t think the 1000th unit was relevant here as we weren’t trying to come up with a new cost for the product or anything – we were trying to compare budget and actual (split for the revised time).How many marks we will lose? if either one is wrong?
@123janjan said:
I am just waiting for results that all very hard exam indeed i am toast.I’m toasted on my silly mistakes :/
@ehsanshah said:
How many marks we will lose? if either one is wrong?I can’t remember the mark allocations but we shouldn’t lose much. You get follow on marks either way so if the calculation of the revised hours is wrong but the method for the variance is correct we still get the variance marks just not the revised hours marks.
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Section A was ok
Section B : TP , ZBB and efficiency variance were difficult
ABC and Demand Curve were ok.
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