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In limiting factor question, what was the answer for the theory question which we had to choose between 1,2,3 and 4 options which also had a constraint?
Did anyone get incremental budget in section b?
What was fixed cost 22000?
But it was budgeted price minus 20% for the revised right
I got that question but l don’t clearly remember the question
Sec B abc costing what was cost per unit of product N 35.5?
@sq123
I cant remember my variance amounts.. i just remember all of them being adverse. One of hem was adverse by 16k i believe.
What about question one in section A. Were you guys able to calculate the overheads for the abc costing?
Sq123 i think i got an adverse amount of 352k aswell but im really not sure
Was your variance question on lamps?
I think for the theory question for limiting factor I said 1 and 2 were right and I think the only option for them together was 1 2 3 I think so I went with that
No my variance was on sugar and soybean
I couldnt work out the ABC question at all
@limlre Was your limiting factor question on chairs and tables?
I got the chair and table question
@Sankwww
Do you remember the answer of choice question in which we had to select which options are true? 4 were given
Our variance question was in section b not section c
The one with linear equation?
Yes limiting factor was in chairs and tables, I said 123 were correct. What did you say for q1 optimal production
Wasnt the second option on labour constraint 4x+3y something like this?
The linear equation was false and other two were true
And limiting constraints cant be greater than equal to?
How was linear equation false
@Sankwww
What was the fourth option in theory question?
4x+3y was greater than equal to 900
It should be less than or equal to as It is limiting factor can work for more than 900 hours
How did you calculate revised price
Oh ok I didnt read it properly. What did you do for question 1
What was the question?
@Sankwww
Do you remember fourth option in limiting factor theory question?
There were 3 option
1. If shadow price is greater than 0
2. 4x+ 3y
3. X and y are slack variables
What was optimal production for table? 60?
Yes it was 60
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