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I think i might be wrong….becz i used batch size instead of no of batches to calculate ABC may be you are right, im realising now
Please can you explain how to calculate c/s ration for food and drink when you also have 2 types of menu? What are the basis for us? Menu or type of meal?
This question there were no options
JohnAcceek wrote:Machine hours were ro distract attention. Only inspections and smth. else should be taken ito account. I remember the answer was 91 point smth.
JohnAcceek wrote:Please can you explain how to calculate c/s ration for food and drink when you also have 2 types of menu? What are the basis for us? Menu or type of meal?
I calculated revenue and contribution for both menus with 50% of total capacity, as they mentioned in question that customers are split equally between 2 menus
Yeah I got a weighted Average C/S ratio of 61% aswell for Faros Question C.
Then to get breakeven revenue, I then used Fixed Cost divided by C/S Ratio
There seemed to be alot of parts which could easily be missed with this question. Eg only 85% occupancy during Friday, Saturday & Sunday.
Good Luck All.
JohnAcceek wrote:Please can you explain how to calculate c/s ration for food and drink when you also have 2 types of menu? What are the basis for us? Menu or type of meal?
So you did calculate:
(Menu ?1: Contr from food + Contr from drink
Menu ?2: Contr from food + Contr from drink)
Sum this and divide by sum:
(Menu ?1: Revenue from food + Revenue from drink
Menu ?2: Revenue from food + Revenue from drink)JohnAcceek wrote:Please can you explain how to calculate c/s ration for food and drink when you also have 2 types of menu? What are the basis for us? Menu or type of meal?
Yes thats how i did
Hi I have got same questions in section C zland trust and Frasco hotel CVP questions
cs ratio was 60.5% and i multiplied with 52 weeks in part a and than part b after flood there was more occupancy.I took 80 customers in consultancy part as i was keep reading the scenario which mention rather was no change so I took 80 rather than 40.
any one remember Thru put accounting ratios question in regards to watches ? i think 50k of advertisement cost was not included in the calculation.
another MCQ questions in section B was in regards to sales mix contribution
there was sales quantity variance my answers was $1500k adv.
Shehzad wrote:any one remember Thru put accounting ratios question in regards to watches ? i think 50k of advertisement cost was not included in the calculation.
Yes even i didnt take advertising expenses, in throughput we need to take only factory cost per hour in dinominator i dont think advertising is a part of factory cost and for sales quantity variance i think the answer is 2500k i dont remember exactly first i calculated with actual contribution then i changed my answer by using Budgeted contribution,,, i dont remember what answer i got for each case
Yes and the one about the TPAR for the clock. I didn’t know what to use for the total fixed overhead and machine time. Paper was a disaster for me.
I got the same questions as you and I wasn’t expecting decision trees in section C so I wasn’t fully prepared.
Zak97 wrote:So frustrating when they give you something random in section C,
I got the same questions as you and I wasn’t expecting decision trees in section C so I wasn’t fully prepared.
Section A and B are fairly question, still able to doing well. But section C a bit difficult for me. I got balanced scorecards (charity event) and revised flexed budget. Not really confident with these 2 question.
agboolakenny84 wrote:Guys who got the shadow price of material question in section B. I typed “0” as material was not a limiting resource. Is the answer correct?
Yea I put down 0 as well, I believe this one was to make you waste time and do unnecessary calculations
What are they thinking putting decision tree for section C … That got completely out of fantasy…this is crazy.. having around 70% percent based on previous papers almost sure that I failed this one. For section C it was ok wired quastion for matiriel yield with couldn’t find a right answer,like they put 1200 little input for 1 litter of output with 500 of actual bottle each bottle 360 ml, I got standard input recalculated for 360 ml instead of 1 litter and still don’t get right answer. Had weird quastion about optimal price with variation of prices and quantity….
yeah it was breeakeven revenue as far as i remember. Not gonna lie was worried that i calculated in revenue.
I chose Variance too.
marinadal wrote:I did. What is your answer was?
Exactly. The answer was 0. If I can remember the question was related to the last parts of the question and labour and machine time were the limiting resources. I’m sure if the answer wasn’t 0 they’ll have asked people to put a format when answering as shadow price answers are usually in decimal places.
agboolakenny84 wrote:Guys who got the shadow price of material question in section B. I typed “0” as material was not a limiting resource. Is the answer correct?
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