# ecr june 2009 exam

chris_b
New MemberPosts:

**11**Registered
how hard was that exam?Much harder than any of the mock tests that iv done?

did anyone get these anwsers?

-final stock balance using FIFO 4864 pounds

-Under absorbed by 22,000

-Profit from cans sales 500,000 pounds

-process costing (all i can remember) cost per tonne 190.62

-Breakeven point 625,000

-NPV 39.72

-Payback (looks like iv definately got this wrong) 2 years and 11 months?

thats all i can remember for now

did anyone get these anwsers?

-final stock balance using FIFO 4864 pounds

-Under absorbed by 22,000

-Profit from cans sales 500,000 pounds

-process costing (all i can remember) cost per tonne 190.62

-Breakeven point 625,000

-NPV 39.72

-Payback (looks like iv definately got this wrong) 2 years and 11 months?

thats all i can remember for now

## Comments

6Registeredhow hard was that exam?Much harder than any of the mock tests that iv done?

did anyone get these anwsers?

-final stock balance using FIFO 4864 pounds

-Under absorbed by 22,000

-Profit from cans sales 500,000 pounds

-process costing (all i can remember) cost per tonne 190.62

-Breakeven point 625,000

-NPV 39.72

-Payback (looks like iv definately got this wrong) 2 years and 11 months?

thats all i can remember for now

_________________________________________________________________

Hi Chris

I cant remeber my final stock balance, but i did definately put FIFO as the stock control method.

I also got an underabsorption, cant remember how much that was either though!

I got the same profit as you for the cans :thumbup:

Yep, Process costing, i put £190 per tonne, as they wanted it to the nearest £ :thumbup1:

I think i also got the same break even point :001_smile:

NPV i got 42.something percent :001_unsure:

& payback i got 2 years and 1.5 months

Hope this helped,

Was really usefull seeing what you had put also.

Jodie

4Registeredi cant remember the exam fully

but i did wrong in fist question i choose wrong method

break even point was correct

margine of safety really i don't find the result i but only the equation

paypack period 2.9