pev exam

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Hi All,

Could anyone let me know what figure they used for the material price in task 1.1 the actual price for 22500 kg was £123750, but the first line of info stated theat material purchases were calculated using standard cost i.e 22500kg x £5.00 = £112500

i couldn't get my rec statements to balance so i was wondering what other people had done.

:?: :?: :?: :?: :?: :?: :?: :?: :?: :?:

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Re:pev exam

What figure did you use for your boar? 24 or 48 I got mine wrong using 24 and went back when I realised the boar was 48

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Re:pev exam

I used £48 for that.

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Re:pev exam

i used 48 and finally managed to balance it, although I'm not saying it right. :?

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pev exam

louray wrote:

Hi All,

Could anyone let me know what figure they used for the material price in task 1.1 the actual price for 22500 kg was £123750, but the first line of info stated theat material purchases were calculated using standard cost i.e 22500kg x £5.00 = £112500

i couldn't get my rec statements to balance so i was wondering what other people had done.

:?: :?: :?: :?: :?: :?: :?: :?: :?: :?:

Can't even remember now what task 1.1 was! But if it was what was the actual price of materials used then the answer would be 123750/22500= £5.50 per kg

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Re:pev exam

It would depend whether your variance was in units or hours, it was £48 a unit, but £24 an hour as the unit price was per half hour.

I think my answer was units so i used £48.

Shelley.