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June 2014 Ques# 2 Numerical Problem

Forums › ACCA Forums › ACCA SBL Strategic Business Leader Forums › June 2014 Ques# 2 Numerical Problem

  • This topic has 2 replies, 3 voices, and was last updated 10 years ago by Shiraz.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • April 15, 2015 at 8:16 pm #241439
    ali
    Member
    • Topics: 2
    • Replies: 0
    • ☆

    Can anybody tell me on what basis Total Cost in part A of the question is calculated in Examiner’s solution i mean why it is $2250
    manual 20*3=60 which is alright, lunch 10*3=30 is ok
    but why not Leturer and room cost is multiplied by 3, while it is clear in scenario that lecture cost is 450 per day and Room cost is 250 per day..in my view total cost in 1st row should be
    (450X3days)+(250X3days)+(20*3delegates)+(10X3delegates)=$2190, while examiner states total cost as $2250 …Similar prob is with all rows(with other probabilities)

    April 18, 2015 at 6:23 am #241661
    arifarshad
    Participant
    • Topics: 4
    • Replies: 9
    • ☆

    i am also having difficulty in understanding this question !

    plz checkout this group

    https://www.facebook.com/groups/752691361474247/

    May 3, 2015 at 12:42 pm #243781
    Shiraz
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    Hi Ali,

    I wish to clear your doubt if you don’t mind.

    The cost are as follows. Room / day = 3 * 250 = 750
    Lecturer / Day = 3 * 450 = 1,350
    Lunch = 3 * 10 * 3 = 90
    * Manual = 60

    TOTAL = 2,250

    * The reason y we did not multiply the manual because $60 is for a full course of 3 days per delegate where as room , lecturer and lunch costs are for per delegate / day.

    Alternative way of solving is :

    (450+250+30) * 3 days = 2,190

    2190 + 60 for manuals = 2250

    Hope this has eased your confusion

    Regards,

    Shiraz

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