does anyone have the answers for 2001 PEV paper??

gingervicki

Im stuck and i wanted to have a look to check my workings on section2

its such an old paper i cant find it on here

Thanks

vicki

SandyHood

This is: Holden plc section 1 and Smithex section 2
Holden operating statement

..................Operating Statement
........................./............................................................. £
standard cost of actual production.................................... 1,600,000
Variances.................. Adverse.................. Favourable
Mat Usage.................. 12800
Mat Price.................... 11360
Lab Efficiency.............. 23200
Lab Rate.................................................... 6864
F ohd Expend................ 6800
Fohd Capacity.............................................. 8640
F Ohd Efficiency............. 27840
................................... 82000.................... 15504................. 66496
actual cost of actual production (calc)................................. 1,666,496
cross check actual cost.................................................... 1,666,496

SandyHood

Smithex

Which workings in section 2?

Added value per employee
£5,292,000..... = £37,800
.....140 employees

dobbieobby

Where do you get these really old exams from please? I need as much practice as I can get!!

gingervicki

The paper was given to me by my tutor - its not the one you say though Sandy, its Bon Repose hotel

do you have that one?

Vicki

dobbieobby

No I havent unfortunately, I do home study so can only get past exams off here or I have 5 in my books.

SandyHood

Bon Repose (Section 2)
Helene de la Tour asks you to prepare the following performance indicators for the hotel:
a) Gross (or contribution) margin;
b) Net profit (or sales) margin;
c) Return on capital employed
d) Asset turnover;
e) Average age of debtors in months;
f) Average age of creditors in months;
g) The number of months that expenses could be paid from the cash balance;
h) Maximum capacity of the hotel in room-nights;
i) The percentage room-night occupancy rate of the hotel.

SandyHood

Helene de la Tour asks you to prepare the following performance indicators for the hotel:
a) Gross (or contribution) margin;68.75%
b) Net profit (or sales) margin;7.50%
c) Return on capital employed 6.00%
d) Asset turnover;0.8 times
e) Average age of debtors in months;0.75 months
f) Average age of creditors in months;1 month
g) The number of months that expenses could be paid from the cash balance;0.25 months
h) Maximum capacity of the hotel in room-nights;29,200 nights
i) The percentage room-night occupancy rate of the hotel. 60.00%

gingervicki

brill thanks thats the one, where can i get the details from??

vicki

SandyHood

Do you mean the formulae and calculations?

SandyHood

gingervicki
I don't know what you mean by

where can i get the details from??]

I've attached a table to give you a framework, rather than do the work for you.
I completed the top row, you can do the rest

gingervicki

ah you are good, thanks heaps, u have been vvvvvvv helpful

vicki X