Phew! ECR done
Comments
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if you only loose a mark for the wrong answer then it should not be too bad!! I did not see a question on limiting factors....i got just under 2 years 2 months for the payback....under absorbed by 22000...debit side right?? Indirect Labout costs I said could be put into overheads if customers request??? I used semi variable and stepped for the graphs. I felt happy when entering this exam...and came out mind boggled!!0
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I got 2 years 2 months aswell for the payback.0
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well...most hopes I had of passing have gone straight out the window....roll on December!! I wonder what they will throw into wednesdays exam!!0
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Where did everyone put there under absorption?
I put absorbed and under absorbed on the debit side, and actual on the credit side - really confused though :001_unsure:0 -
I got 3 years, 2months0
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got the MOS% wrong for sure as well as putting over instead of under absorbed - I also calculated the abnormal loss at same rate as normal loss - ah well resit here i come lol0
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if you only loose a mark for the wrong answer then it should not be too bad!! I did not see a question on limiting factors....i got just under 2 years 2 months for the payback....under absorbed by 22000...debit side right?? Indirect Labout costs I said could be put into overheads if customers request??? I used semi variable and stepped for the graphs. I felt happy when entering this exam...and came out mind boggled!!0
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2 years 1 month also0
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I think it's divided by forecasted sales rather than BE. Someone has also posted on here something about pennies for this question too, arghh!0
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oh confused one wrote: »got the MOS% wrong for sure as well as putting over instead of under absorbed - I also calculated the abnormal loss at same rate as normal loss - ah well resit here i come lol
i was so confused with the loss question but the total cost on the right should have matched that on the left so i played around with the figures til it added up!! 73960 or there abouts (cant remember exactly)0 -
Re-sit for me!0
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I put down an over absorption too - budgeted machine hours were higher than the actual, weren't they?0
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t2000becky wrote: »i got 2.13 years (we were told we can leave it as that...)
i did 25/200 which was 0.125 plus 2 years so made it 2.13 years
Supposed to times it by 12 aren't you?
25/200 * 12 = 1.5 months & the 2 years = 2 years & 1.5 months, which i rounded to 2 years 2 months?0 -
Think i will be resitting in December, that was a total disaster :crying:0
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Wow it wasn't what I expected. I was so confident with the past papers but this was a bit different!
I put FIFO, then LIFO then thought FIFO but left it argghhh!
I got payback at 1.7 something.
And for the graphs I put variable and step fixed. So messed half of that up.
But think I got the BE all right and the margin of safety.0 -
What did everyone have for their NPV on the last question??0
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t2000becky wrote: »oh yeah they tried to throw you with that one!!
there were so many questions where you had to round to the penny...they caught me out when I did a practise paper from Dec 08 - it wasnt pretty!0
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