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jump performance apprisal june 2010

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › jump performance apprisal june 2010

  • This topic has 6 replies, 2 voices, and was last updated 7 years ago by John Moffat.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • November 10, 2017 at 11:15 am #415087
    imran5556
    Participant
    • Topics: 39
    • Replies: 29
    • ☆☆

    Sir can you give me simple step to do this question part a

    November 10, 2017 at 12:38 pm #415096
    imran5556
    Participant
    • Topics: 39
    • Replies: 29
    • ☆☆

    I dont understand how they are calculating the bonus and how they are distributing the bonus…

    November 10, 2017 at 6:26 pm #415149
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54674
    • ☆☆☆☆☆

    There are no specific rules about how bonuses are calculated, and this question is a case of simply following the instructions given in the question.
    There are three targets given in the question. So each quarter you have to check which of the three targets have been achieved. Then you add up the number of times they have been achieved, and multiply by $400 – that gives you the total bonus.
    (How the bonus is distributed to the manager is not asked for and is irrelevant).

    The examiners answer details for each target for each quarter whether or not it has been achieved. If you are not clear about any of the workings for each of them, then say which and I will explain.

    November 10, 2017 at 11:53 pm #415180
    imran5556
    Participant
    • Topics: 39
    • Replies: 29
    • ☆☆

    2nd working
    I dont understand how they are comaparing target exeed or not?
    Bonus earned
    Qtr30 june 2009 no how they are comparing
    Qtr 30 sept 2009 yes
    Qtr 31dec 2009 yes
    Qtr 31 march 2010 no
    I didnt get the point how they are comparing wheather who is eligible for the bonus ? 400

    November 11, 2017 at 9:55 am #415228
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54674
    • ☆☆☆☆☆

    The only person who gets the bonus is the manager. He/she gets it for every target reached in each of the quarters.

    One of the targets (2nd workings) is “60% of the members must visit the club at least 12 times a quarter”.
    In quarter 1 there are 3,000 members. 60% of this is 1,800. To visit 12 times in the quarter would mean 12 x 1,800 = 21,600 visits. There were only actually 20,000 visits and so it seems the target was missed – so no bonus.
    In quarter 2, there are 3,200 member. 60% of this is 1,920. To visit 12 times in the quarter would mean 12 x 1,920 = 23,040 visits. Since the actually number of visits is higher than this, it would seem that they have achieved the target – so yes to bonus.

    The same workings have been used for each of the following two quarters.

    I hope that helps 🙂

    November 11, 2017 at 2:33 pm #415263
    imran5556
    Participant
    • Topics: 39
    • Replies: 29
    • ☆☆

    Thanks you very much

    November 12, 2017 at 10:23 am #415366
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54674
    • ☆☆☆☆☆

    You are welcome 🙂

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Viewing 7 posts - 1 through 7 (of 7 total)
  • The topic ‘jump performance apprisal june 2010’ is closed to new replies.

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