• 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
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

P2 BPP Question 35

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › P2 BPP Question 35

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by Andy.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 28, 2014 at 1:17 pm #171411
    Darren
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    pg 176 note 7. I dont understand where they get the 575 fv adjustment from the info in the question. can somebody explain/ break it down for me

    May 28, 2014 at 3:42 pm #171431
    Andy
    Member
    • Topics: 1
    • Replies: 4
    • ☆

    (b) FV of identifiable net assets 5,000

    Less:
    Share capital 3,000
    RE at Aq’n 1,425
    (4,425)

    FV Adjustment 575

    May 29, 2014 at 10:16 am #171615
    Darren
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Thanks. I now notice another thing on the same page (176)when drafting my revision notes, the URP for melon is 60x 25/125=15 per the bpp instead of 12 which then feeds into the SOCI. This must be a typo for both instances? Or am I missing something and there is an extra step to bring it to 15?

    May 29, 2014 at 11:23 am #171625
    Andy
    Member
    • Topics: 1
    • Replies: 4
    • ☆

    It is a typo, and if I was doing ACCA again I certainly wouldn’t use BPP.

    As melon is 25% profit on sales the working should be:
    60 x 25 / 100 = 15

    Cheers
    Andy

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 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

  • umangkumbhat on What is Assurance? – ACCA Audit and Assurance (AA)
  • ahmadhoney on How to register with ACCA?
  • John Moffat on Interest rate risk management (1) Part 5 – ACCA (AFM) lectures
  • osman-the-zephyr@ on MA Chapter 1 Questions Accounting for Management
  • adebusola on MA Chapter 1 Questions Accounting for Management

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