Phew! ECR done

Emma.B10

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!!

A-Vic

Mog17 wrote: »

yep

same as

cdsp1980

crse2006 wrote: »

i got 44 percent or something like that

bugger, I did 375000/500000 * 100 (MOS / BE * 100)

Andypandy

I got 2 years 2 months aswell for the payback.

t2000becky

cdsp1980 wrote: »

bugger, I did 375000/500000 * 100 (MOS / BE * 100)

thats right i think!

cdsp1980

Andypandy wrote: »

I got 2 years 2 months aswell for the payback.

2 years 8 months here

Emma.B10

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!!

Pinkjo

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:

CrazySexyCool

I got 3 years, 2months

A-Vic

Andypandy wrote: »

I got 2 years 2 months aswell for the payback.

i got 2.166666 so i put 2 years 1 month

Mog17

A-Vic wrote: »

Varible costs are direct costs (raise with output) semi varible are indirect costs (like phones calls)

Oh c***, I definitely got the absorption rate question wrong yet. Took the variable element of the semi-variable cost out before calculating the rates.:crying:

t2000becky

Andypandy wrote: »

I got 2 years 2 months aswell for the payback.

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

cdsp1980

Pinkjo wrote: »

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:

thats what I did

rachy1975

cdsp1980 wrote: »

2 years 8 months here

thats what i got.....think its wrong though

oh confused one

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

t2000becky

Pinkjo wrote: »

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:

it was debit 22000 under absorded and debit absorbed and then credit actual

cdsp1980

Emma.B10 wrote: »

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!!

I got 22000 underabsorbed as well

Ant

2 years 1 month also

cdsp1980

rachy1975 wrote: »

thats what i got.....think its wrong though

have faith ! at least I now know I am not the only one

Cyfarthfa

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!

t2000becky

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)

jow774

Re-sit for me!

Andypandy

I put down an over absorption too - budgeted machine hours were higher than the actual, weren't they?

AK002

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?

susieq

Think i will be resitting in December, that was a total disaster :crying:

t2000becky

Cyfarthfa wrote: »

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!

oh yeah they tried to throw you with that one!!

emmag

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.

Emma.B10

What did everyone have for their NPV on the last question??

Pinkjo

AK002 wrote: »

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?

That's exactly what I put (except I left it at 2 years 1 1/2 months)

bagpuss3008

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!