• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

December 2025 ACCA Exams

Post comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March 2026 exams.
Get your discount code >>

material waste / loss

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › material waste / loss

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by IAW3005.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 30, 2023 at 10:08 am #685453
    sooha
    Participant
    • Topics: 70
    • Replies: 82
    • ☆☆

    this is two difference cases, from different questions but i am confused regarding the way they calculate the waste or loss in material
    in the first multiplied it by 100/80 the second by 95/100 ?
    can you explain why such difference ?
    -Leather costs $10 per metre and two metres are needed for a complete chair although 20%
    of all leather is wasted in the upholstery process.

    Leather 2 metres × $10/mtr × 100/80 = 25.00

    -Steel: the shears have 0.4 kg of high quality steel in the final product. The manufacturing
    process loses 5% of all steel put in. Steel costs $4,000 per tonne (1 tonne = 1,000 kg).

    Steel (0.4/0.95 × $4.00) = 1.68

    thank you !

    May 30, 2023 at 5:47 pm #685515
    IAW3005
    Moderator
    • Topics: 4
    • Replies: 1589
    • ☆☆☆☆☆

    The first one says

    Leather costs $10 per metre and two metres are needed for a complete chair although 20%?of all leather is wasted in the upholstery process.
    That means that you loose 20% but you still need to have 2 metres at $10 at the end so you have to say
    Leather 2 metres × $10/mtr × 100/80 = 25.00

    Steel

    The shears have 0.4 kg of high quality steel in the final product. The manufacturing?process loses 5% of all steel put in.

    Steel costs $4,000 per tonne (1 tonne = 1,000 kg). So steel has to be 0.4kg @ $4 but you need to divide by 0.95 to get 0.42105 kg which you need because you loose 5% during the manufacturing. So you need 0.42105 kg so that you end up with 0.4 at the end.
    Steel (0.4/0.95 = 0.42105 × $4.00) = 1.68

    Both of them you are dividing!!

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • rija on PM Chapter 1 Questions Activity based costing
  • John Moffat on Introduction to Financial Accounting – ACCA Financial Accounting (FA) lectures
  • John Moffat on Statement of Cash Flows (part b) Example 1 – ACCA Financial Accounting (FA) lectures
  • qiuhongsun on Introduction to Financial Accounting – ACCA Financial Accounting (FA) lectures
  • Jatin1357 on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in