Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Noble co
- This topic has 3 replies, 2 voices, and was last updated 4 years ago by
John Moffat.
- AuthorPosts
- March 1, 2021 at 11:03 am #612309
Part C) Dear Tutor, let us assume the situation before half-price promotion .
Sales volume variance for food (360*32.4975)=11699.1F
Actual sales units for food—–1560
Budget sales units for food-1200
difference============360F
Standard contibution per unit=$38997/1200 units=$32.4975
Sales volume variance for drink
Actual usage—(1560*4)=====6240—can we consider here actual average use for drink is the same as standard average use as there has not been given budget average drink unit?
Standard unit based on actual unit (average 4 units*1560)-6240
difference =========================================nil/zero/0
After a half-price promotion
I can not calculate sales volume for food because we can know that it will increase from reading the scenario without giving the increase in units after half-price promotion
sales volume variance for drink
Actual usage (1560*average 6 drinks)-9360
Standard use based on actual sales unit (1560*4)-6240
difference==============================3120 F
sales volume variance for drink will also increase because average drink consumption increase from 4 units to 6 units which also directly improve sales volume variance for food
so sales volume variance for food will also increase even before promotion it is favourable after half-price promotion for drink the sales volume will inrease more and more
March 1, 2021 at 3:47 pm #612376Again, you are wasting time that you cannot afford to waste in the exam.
There are only 4 marks for this part of the question and the requirement states that you are not required to do any further calculations. The marks are purely for discussion.
For the same reason – and understand this and do not be angry! – you cannot expect me to spend my time working through unnecessary workings from you. I have to work to earn a living, but am also answering questions free of charge in my free time. Because I answer questions for 5 of the exam papers, I have already answered 60 questions today (and I have not yet finished answering).
March 1, 2021 at 4:26 pm #612397Dear Tutor,if you have looked the question you should have known that it will almost take 4 5 minutes to answer my question.I know i wrote correctly but would like also your confirmation.
I always find my weak part and due to this weaknesses I everytime failed.
I really appreciate your effort:):):):):):):):):):):):):):):):):)March 2, 2021 at 9:02 am #612547What you wrote is fine but why all the workings? If you did all these workings in the exam then you would be waiting time for no extra marks.
- AuthorPosts
- The topic ‘Noble co’ is closed to new replies.