PEV - how did you all find it....?
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dobbieobby wrote: »I did £1200 / 105 (Mays index) x current index.
Did the same and was very happy with it came out with answers like 1519.999998 as that is normally a good sign :001_tongue:0 -
Thats exactly what I did too....Phew!
At least we all seem to agree on how weve calculated the Index question.0 -
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It's always more reassuring when the figures come out at a nice round figure.
I seem to remember coming up with one figure being 115%, it's a bit of a worry but it's only one question at the end of the day.
Managed to get my reconcilliation to balance with an overall variance of something like £1,771 (F).
Luckily enough, I had revised the NPV yesterday, struggled with it and then cracked it just in time <phew> :thumbup1:0 -
I am glad that 1 is out of the way!!
i got confused on the wording on 1.3 as well and so think i might have got that wrong. Rest of the paper went fine though i think so hope this is enough to pass?!0 -
It's always more reassuring when the figures come out at a nice round figure.
I seem to remember coming up with one figure being 115%, it's a bit of a worry but it's only one question at the end of the day.
Managed to get my reconcilliation to balance with an overall variance of something like £1,771 (F).
Luckily enough, I had revised the NPV yesterday, struggled with it and then cracked it just in time <phew> :thumbup1:
over all varience wtf ??? lol wots an overall varience ??0 -
Hey pencil
I got 1771 too. Sounds hopeful.
I think by the sounding of things I got section 1 pretty much spot on. Couple of mistakes on 2.2 and 2.3 by the sounds of things but fingers crossed will be good enough to pass0 -
Yep got £1771 too.0
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the overall variance when taking into account all the favourable and adverse variances, the standard cost of actual production was something like £30,030 and the actual cost of production was £28,259, which means the overall production variance was £1,7710
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Ditto...1771 total variance0
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Yes i got 1771 as well! But i should of revised NPV!!
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o rite lol yea i got that then whooo..
i dint do the check at the end of my actual cos of actual production tho ... will i lose marks ?? 0 -
My reconciliation balanced but I did not show the overall variance - will I get marked down for that?!
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omg!!
i got my operating rec correct, think i messed up on score card though didnt finish off question for variation one bit confused on that one and the renting costing at the end threw me so hope i pass but doubt i will ......:001_unsure: 0 -
paper
seems majority struggled on the same bits though so hopefully this will help pass rates if theres alot that have got it wrong fingers crossed haha:thumbup:0 -
thanks Block 15! What a relief! 0
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Damn, for the leasing question I didn't even think about the running costs. Just put the lease payments through, starting in yr 0 and finishing in Yr 4.
I got stuck on the question about the additional investment. Where we had the additional profit of £2,400,000, and they also invested 3,000,000. We had to work out the return on investment. It wasn't very specific about what to use so I think i did my revised profit (4005 or somethin around that amount) over the investment of 3000). But I think that must be wrong. However I wrote next to it that the question wasn't very specific so thats why I did what I did.0 -
I cant believe I done both last questions wrong! :thumbdown:
Hopefully I get good marks for my reports to pass both sections!! :001_rolleyes: !!0 -
Damn, for the leasing question I didn't even think about the running costs. Just put the lease payments through, starting in yr 0 and finishing in Yr 4.
Oops, I didnt put in the running costs either. I thought that these were related to the purchase option only. Was that not the case?0 -
Uh oh I didnt put the running costs in the lease option - thought they only related to the purchase?0
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me too 0
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i did the same, but i did say that i would purchase it.
i think i did ok, but i completely forgot how to do RONA and and the fixed assets - had a go though, did all the questions and feeling quite confident.
Tracy0 -
I didn't put the running costs in either. It sounds like one of those questions where you can argue either way.0
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hate the wait now wish they would mark them sooner!0
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What did every1 get for the standard cost card for 10000units?????? i got some messed up figure like £27700
and i messd up da 2nd discount factor question :@ hope pass mark is low this year!0 -
i thought the leasing included running cost's so I only put them in buying0
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:crying: First section i could not get the reconciliation to balance. i put what the difference s/b and how to work it out but 1 of my variances i fudged completely - indexation whoosh that went wrong could not remember 4 the life of me how to do it. The performace indicators s2 seemed like a rounded bunch but the lifecycle costing section argh! Again panicked and i did not have a what on earth it was all about. All through revision I have taken about 2.5 hours this time i took the whole 3.25 hours! :confused1:
Lets say i am not putting in for any exemptions just yet :tongue_smilie:
Never mind - Have another go its all fun :001_tt2:0 -
My reconciliation did not balance in section 1, I got that Standard was £30,030 but had a variance of £666 (just had to be the devil's number didn't it, lol.) Couldn't find where I went wrong though - any chance people can remember the variances for section 1??
I got:
Price 1400F
Usage 300A
Labour Rate 525F
Labour Efficiency 220A
O/H Expenditure 500A
O/H Volume 200F
What have I got wrong there??0
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