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Grave mistake in paper F5

This topic has 3 replies, 3 voices, and was last updated 8 years ago by John Moffat.

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June 8, 2014 at 1:10 pm #175186
olanrewaju
- Topics: 16
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I just realised that I misinterpreted the “variable cost” in question 4A. I used $12*100,000 plus $11 * the units above 100,000, instead of using just $11 for all units where production is above 100,000 units. Do u think I will get any marks in question 4A,4B and 4C…I have been having sleepless nights as a result of this. Kindly reply
June 8, 2014 at 1:32 pm #175188
seagoat
- Topics: 22
- Replies: 575
As far as i know you are only penalised once for mistake. ACCA introduces method marking scheme. If the wrong figure is correctly used in further calculations u still have some credit.
June 8, 2014 at 2:54 pm #175210
olanrewaju
- Topics: 16
- Replies: 75
Thank you so much….Thank God I found this site!
June 9, 2014 at 7:58 am #175319
John Moffat
Keymaster
- Topics: 57
- Replies: 50549
olanrewaju: seagoat is correct – you do not lose marks twice for the same mistake.

seagoat: thank you for answering, but please do not answer in this forum – it is Ask the Tutor and you are not the tutor 🙂
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