PEV Exam - what did you think?
^Joe
Registered Posts: 35 💫 🐯 💫
I thought it was easier than the past exams, being only one F/O variance! :thumbup1:
A lot of writing required elsewhere though.
What did you think?
A lot of writing required elsewhere though.
What did you think?
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yea didnt seem too hard, i thought there was quite a lot of questions and i thought 1 of them might have been wrong. best not say any more though dont know what time we can talk about them properly0
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didnt like the last question in section 2!!!1:confused1:0
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Nicola, which one? The one where you compared the lifecycle costs against the savings?0
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Please remember we are not supposed to discuss any detail on this paper until after 3pm.0
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Will tell you at 3:thumbup1:0
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Oh right... sorry :blushing:
Noob
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Thought the last question was hard....... remember doing that in intermediate?? Rest of it was ok though.... easier then i thought! Hopefully thats what the results say in Feb??0
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Pev
:001_unsure: First section ws great, not too confident with last 2 questions section 2, will it be a possible fail for the whole paper?0 -
Couldn't get my variances to reconcile... Also wrote alot of dribble for the reports etc...0
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6 minutes and we can discuss yeah?0
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I couldnt get my variances to reconcile! Wasnt very confident!
And the last question on section 2 I didnt understand! Couldnt do that one0 -
I was the same, but then for the last part of section 2 i just put down a load of workings and just hope that they can pull something usefull from it??? Fingers crossed x0
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For the last question I did part B, where you had to calculate how much you would save on labour rate?
Then just said after working out section B , I put I would invest as you would save so much just off the labour hours being reduced?0 -
did anyone else discount their depreciation? I did, by think I made a massive mistake in doing so!!0
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Got 2 zero variances.... anyone else? Really put me off, never seen that before!0
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depreciation for what?0
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I was thinking the same, didnt do anything with depreciation0
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I had two zero variances material usage and labour rate if I can remember rightly!!0
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OK, must have made some silliy mistake then.
Yeah - got two nil variances - most people did though so think its all good!!0 -
Yes i got two zero variances!0
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Oh good, glad someone else has...... makes me feel better
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x-lauren-x wrote: »Got 2 zero variances.... anyone else? Really put me off, never seen that before!
Aye
What reconciliations were there? Whoops, may have missed a question :mad2:0 -
I had the two same NIL variances also!!
Put me off also , as never seen that before.
But the question did say calculate the variances, IF ANY. so then I thought there must be at least one for them to put that.0 -
My mistake is i never read the qu properly, so didnt see that..... oops never mind, seems i got it the same as most others so thats ok:)0
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anyone remember what they got for the lifecycle cost?0
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still don't know why I couldn't get it to balance. Can anyone tell me the variance for fixed overhead efficiency variance the absorption rate confused me as it was either £30 or £32.50......0
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Hi Debs
I got £30 I think?0 -
something in the region of £100000-£200000 can't remember the exact figure.0
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£300
