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Target Costing

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Target Costing

  • This topic has 3 replies, 2 voices, and was last updated 8 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • June 20, 2016 at 7:13 am #323543
    simplehasan
    Participant
    • Topics: 2
    • Replies: 4
    • ☆

    Good Morning,

    What happens if the question asked is, What is the Target Cost of a certain product, but mistakenly, the candidate calculates the Target Cost Gap.

    Will marks be rewarded for understanding the concept but not answering what was asked ..? Say out of 2 marks, how much would the candidate be awarded?

    Thank you 🙂

    June 20, 2016 at 4:16 pm #323618
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54662
    • ☆☆☆☆☆

    If is a Section A multiple choice question then if the answer is wrong you get zero marks.

    In Section B you get marks for understanding and for the workings, so although you would obviously not get full marks you would certainly get a mark if the target cost was calculated correctly.

    June 24, 2016 at 2:11 pm #323996
    simplehasan
    Participant
    • Topics: 2
    • Replies: 4
    • ☆

    Excellent, Thank you.

    June 25, 2016 at 10:25 am #324043
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54662
    • ☆☆☆☆☆

    You are welcome 🙂

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    Posts
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