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Re: Practice Assessment 1- Task 1b.
Hi Gabrielle,
Answers are 21000- F- 181000 V-126000
36000 F-193000 V-205000
Variable for 36000 units worked out as 25000 x £6= 150,000 11000 x £5=55000...150000+55000=205000.
Hope this helps.
Emily
Answers are 21000- F- 181000 V-126000
36000 F-193000 V-205000
Variable for 36000 units worked out as 25000 x £6= 150,000 11000 x £5=55000...150000+55000=205000.
Hope this helps.
Emily
Re: Contribution per limiting factor
Ok, so we know that it takes 1.5 hours to make a unit and that the company wants to make 6,000 units in total. That will require 6,000 x 1.5hours = 9,000 hours in total.
We already know that there is enough hours to produce 4500 units. If we multiply 4,500 x 1.5 hours = 6,750.
So, 6,750 hours have been used to make 4500 units. But we need 9,000 hours to make 6000 units.
9,000 - 6,750 = 2,250 hours which will be required for the remaining units
2,250 hours x £9 = 20250
Hope that helps!
We already know that there is enough hours to produce 4500 units. If we multiply 4,500 x 1.5 hours = 6,750.
So, 6,750 hours have been used to make 4500 units. But we need 9,000 hours to make 6000 units.
9,000 - 6,750 = 2,250 hours which will be required for the remaining units
2,250 hours x £9 = 20250
Hope that helps!
Re: Practice Assessment 1- Task 1b.
That’s the variable figure for units produced under 25000, after that the variable figure reduces to £5/unit. You can work this out using the high low method :-)
Re: What is the Synoptic Assessment and what does it consist of?
Yes, it is difficult, but not impossible to pass.
It consists of 6 tasks, 2 MCQ tasks (20 marks each) and 4 writing tasks (15 marks each):
1. Accounting function - MCQ
2. Budgetary reporting - writing task
3. Accounting control systems and procedures - writing task
4. Decision making and control - writing task
5. Ratios - MCQ
6. SWOT analysis - internal control - writing task
The layout is the same as the other exams.
It consists of 6 tasks, 2 MCQ tasks (20 marks each) and 4 writing tasks (15 marks each):
1. Accounting function - MCQ
2. Budgetary reporting - writing task
3. Accounting control systems and procedures - writing task
4. Decision making and control - writing task
5. Ratios - MCQ
6. SWOT analysis - internal control - writing task
The layout is the same as the other exams.
Re: Exam results - 6 weeks?
You can get them sooner if they were assessed by your college, if you are self learner they are reviewed by AAT and they usually take up to 6 weeks
Re: Exam results - 6 weeks?
I think 6 weeks is the maximum time you can expect your results. You'll probably receive them much sooner.
When I completed the AQ2013 qualification, the exams which also needed to be marked by someone also had a time-frame of 6 weeks, but I usually got them the same week. This has it's differences to AQ2016 though, so don't take it as gospel.
When I completed the AQ2013 qualification, the exams which also needed to be marked by someone also had a time-frame of 6 weeks, but I usually got them the same week. This has it's differences to AQ2016 though, so don't take it as gospel.
Re: BPP AAT Question Bank ( AQ2016) - Question 4.13
Might be better if you pose the actual question as not everyone on here has access to the questions
