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MOHMEDSALIM PATEL
MOHMEDSALIM PATEL Registered Posts: 184 Dedicated contributor 🦉
in AAT Level 4 (Level 8 in Scotland)
ANSWER FOR PEV TECH LEVEL

SECTION 1
My answers as follows in right order ,feel free to comment

6.00
5.5
0.03
330 hours
2.73
Variences
F 226
A 60
F 525
A 220
A 500
F 100
STANCOST OF AC.P 30030
[1771]

STANDARD COST CARD 1.69 PER UNIT 16900 TOTAL
14400 AND 1210
1360 AND 1260
1520 AND 1311

PERFORMANCE INDICATORS
7.5 PRICE
10.00
MATERIAL COST 2.00 AND 1.5
LABOUR COST 1.25 AND 1.00
FIXED O/H 1.00 AND 1.36
GP 43% AND 61%
NP 18% AND 8%
ROCE 18% AND 7.93%
2 TIMES AND 4 TIMES

INCRESED PROFIT BY 2400,000 PRICE 1.00 x 1200,000
REDUCTION COST BY .50 1200,000 X .50P
SELLING AND DISTRIBUTION COST REDUCTION BY 600,000

NET ASSETS INCRESED BY 3000,000 THE INCRESED PROFIT MARGIN 80%

WE SHOULD PURCHASED THE MACHINE AS THE TOTAL COST OF PURCHASE IS 516400
LEASING COST FOR MACHINE 568250 NPV

INTREST RATE ON LEASING NEED TO CONSIDERD AND NEW INVESTMENT NEED TO BORROW THAN INTREST ON BORROW NEDD TO CODSIDER.

Comments

  • jay cutler
    jay cutler Registered Posts: 57 Regular contributor ⭐
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    I think I agree with most of everything you've posted there.
  • CathG
    CathG Registered Posts: 145 Dedicated contributor 🦉
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    you have a very good memory.......
  • lala2009
    lala2009 Registered Posts: 95 Regular contributor ⭐
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    me too!! Except I totally messed up my cost card by reading the fixed costs as £150,000 ahhhh how silly!! Would have been correct if not for that!
  • taskey
    taskey Registered Posts: 1,800 Beyond epic contributor 🧙‍♂️
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    90% of my answers looked like that

    Tracy
  • tonitowle
    tonitowle Registered Posts: 32 Regular contributor ⭐
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    A lot of those figures ring a bell!
  • russlola
    russlola Registered Posts: 9 New contributor 🐸
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    It looks like I done half of it wrong :huh:

    My cost card had a total of some mad number and both last questions in both sections are comlepely wrong...........:blushing:
  • garry_coombs
    garry_coombs Registered Posts: 108 Dedicated contributor 🦉
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    I Agree with most of your answers, I know I got the final performance indicator on section 2 wrong, I got 0.5 instead of 2!!

    But I got a different figure for leasing on NPV question, did you include the running costs? I had a difference of 200k, versus your 50k. Not sure if you needed to include them but I thought you should.

    Good memory skills though!!
  • block15
    block15 Registered Posts: 21 New contributor 🐸
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    I got pretty much everything the same as you so I hope you are clever :001_tt2:
  • diamondavid
    diamondavid Registered Posts: 33 Regular contributor ⭐
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    MOHMEDSALIM PATEL wrote: »
    ANSWER FOR PEV TECH LEVEL

    SECTION 1
    My answers as follows in right order ,feel free to comment

    6.00
    5.5
    0.03
    330 hours
    2.73
    Variences
    F 226
    A 60
    F 525
    A 220
    A 500
    F 100
    STANCOST OF AC.P 30030
    [1771]

    STANDARD COST CARD 1.69 PER UNIT 16900 TOTAL
    14400 AND 1210
    1360 AND 1260
    1520 AND 1311

    ALL I CAN REMMEBR IS 18K DIF

    PERFORMANCE INDICATORS
    7.5 PRICE
    10.00
    MATERIAL COST 2.00 AND 1.5
    LABOUR COST 1.25 AND 1.00
    FIXED O/H 1.00 AND 1.36
    GP 43% AND 61%
    NP 18% AND 8%
    ROCE 18% AND 7.93%
    2 TIMES AND 4 TIMES
    INCRESED PROFIT BY 2400,000 PRICE 1.00 x 1200,000
    REDUCTION COST BY .50 1200,000 X .50P
    SELLING AND DISTRIBUTION COST REDUCTION BY 600,000

    NET ASSETS INCRESED BY 3000,000 THE INCRESED PROFIT MARGIN 80%
    WE SHOULD PURCHASED THE MACHINE AS THE TOTAL COST OF PURCHASE IS 516400
    LEASING COST FOR MACHINE 568250 NPV

    INTREST RATE ON LEASING NEED TO CONSIDERD AND NEW INVESTMENT NEED TO BORROW THAN INTREST ON BORROW NEDD TO CODSIDER.[/    QUOTE]
    :(
  • MOHMEDSALIM PATEL
    MOHMEDSALIM PATEL Registered Posts: 184 Dedicated contributor 🦉
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    thank you everyone

    I would like yo thank you everyone who has spend some time to provide me a feedback.

    Now i have start revising for my btc .tomorrow

    good luck to everyone and best of luck for future.
  • mark130273
    mark130273 Registered Posts: 4,234 Beyond epic contributor 🧙‍♂️
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    well i think i got most of them .............

    quite happy with it ............
  • heartsandstars
    heartsandstars Registered Posts: 76 Regular contributor ⭐
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    my lord you lot have good memories! :laugh:


    The only thing i can remember is that my standard total/;actual total table thing with the variances actualy added up for the first time in my time of doing them!! Whooo!!

    Although my brain is teling me i had similar answers to that - so heres hoping!
  • helensmith2882
    helensmith2882 Registered Posts: 2 New contributor 🐸
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    For the last question for the purchase did you depreciate the asset, I didn’t but your answers look familiar, I only used running costs on purchase.
  • cs_1988
    cs_1988 Registered Posts: 231 Dedicated contributor 🦉
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    Only thing i would say is:

    SECTION 1
    My answers as follows in right order ,feel free to comment

    6.00
    5.5
    0.03
    330 hours
    2.73
    Variences
    F 226
    A 60
    F 525
    A 220
    A 500
    F 100 - Should be 700 F i think, then they all add up with the 144F and 300A as calculated by them!!!

    I think lol

    Nice one though, if you mis typed 100 i got exactly the same as you for everything!
  • mark130273
    mark130273 Registered Posts: 4,234 Beyond epic contributor 🧙‍♂️
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    gutted i wa thinking the fo volume was 700 A(knew it should of been F !!!)

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