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FIA MA2 Managing costs and finance

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › FIA MA2 Managing costs and finance

Viewing 5 posts - 1 through 5 (of 5 total)
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  • October 27, 2015 at 3:42 am #279151
    haddyjoof7
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    FIA MA2 Managing costs and finance

    October 27, 2015 at 7:13 am #279179
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10533
    • ☆☆☆☆☆

    What about it? There is a separate forum for that.

    November 9, 2016 at 8:44 am #348178
    sachje
    Member
    • Topics: 3
    • Replies: 5
    • ☆

    Please can I get an answer
    Cost of a job 20.000
    Profit margin 22%
    How much is profit in %?
    I got 18 % is it correct

    November 9, 2016 at 8:50 am #348181
    sachje
    Member
    • Topics: 3
    • Replies: 5
    • ☆

    Room servicing cost 10290
    Occupied room per week 98%
    Available night is 50
    What is cost per unit?
    0,98x50x7=343
    10290/343=30 is it correct

    November 9, 2016 at 5:49 pm #348241
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10533
    • ☆☆☆☆☆

    Q1 Cost + Profit = Selling price

    78 + 22 = 100

    Profit as a percentage of the cost (ie the mark-up) is 22/78 = 28.2%

    Q2 I assume that this means that out of the 50 nights, occupancy is 98% x 50 = 49

    Cost per room service is therefore 10290/49 = 210

    Please ask FIA MA2 questions on the FIA forum. No more will be answered on this forum

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