whoop whoop PCR done

lizrochford

part 2 was really easy took me 30 minutes to do.

koda

I agree - it was a very misleading question with the warehousing I think!

tonitowle

my minds gone blank , i cant even remember what part 2 was!

po1988

Did everyone put the revised turnover at 950000 * £12
and the material at 950000* £7.35
Got confuesed at the surplus stock thing, all my figures where just based on the 950000

chrim

ah i just reduced them for symon not karli i divided total warehouse cost by original total garments sold then multiplied by karlis total garments.....

taskey

flexed budgets

wolfe

ya section 2 was easy

marie555

Mathew_Hill wrote: »

Marie...I got £281, 040 too

what about the 1169250?

kjg-kj

I think I got an overall variance of £232,000 favourable (or something to that figure) on the Operating profit at the bottom for Section 2

dobbieobby

Part 2 was so easy I had to re-read the questions over and over again that that was all they wanted! However, reading what you put on section 1 I've 100% failed :-(
I got a loss on the first statement and made up the second statement. Is it just me or was this paper (first section) world's apart from all the others???

kjg-kj

chrim wrote: »

ah i just reduced them for symon not karli i divided total warehouse cost by original total garments sold then multiplied by karlis total garments.....

snap!!

The Master

Everyones talking about one part of one question - what do you reckon that part was worth in terms of percentage of the whole exam?
:confused1: assuming that you got it wrong?

karenv

I took out delivery and warehousing for symon only... I think

Hayley

taskey wrote: »

what about part 2???

easy???

Think I got contribution per unit
Budget - £0.72
Actual - £0.90 (rounded up)

Think budgeted profit something like £593k

tonitowle

Ahh yes - the flexed budgets and then laying it out so you could see contribution....yeah i found that all quite easy....i thought i was missing something at first cos it did seem very straight forward

playboybunny_110

kjg-kj wrote: »

I think I got an overall variance of £232,000 favourable (or something to that figure) on the Operating profit at the bottom for Section 2

think i got something near to this too... i think i may have still messed it up though as have not dealt with the contribution correctly had complete memory loss wehn it came to this

JFJ

Section 2 i got an adverse variance of about £44k something???

Anyone else..... please......?

koda

Hayley wrote: »

Think I got contribution per unit
Budget - £0.72
Actual - £0.90 (rounded up)

Think budgeted profit something like £593k

Snap with 0.72 and 0.90 for contributions :-)

The Master

I think I got 0.72 or 0.74 but defo got 0.90 rounded up

tonitowle

koda wrote: »

Snap with 0.72 and 0.90 for contributions :-)

Snap :thumbup1:

kjg-kj

Damn my contibution was budgeted at 0.36 per unit and actual at 0.41 per unit I think

karenv

Sounds like what I got

taskey

i think i got an adverse too - cant remember, i do remember in my report saying that on the original budget it shows a big profit but after flexing the profit is not as great as it should have been

marie555

Hayley wrote: »

Think I got contribution per unit
Budget - £0.72
Actual - £0.90 (rounded up)

Think budgeted profit something like £593k

I got same contributions and 579,200 profit

kmv

part 2 very easy
part 1 i thought i would cry. I got loss 1st and even bigger loss for proposal, nothing made sense, i screw it up :crying:

chrim

kjg-kj wrote: »

snap!!

yipppeee glad you agreed with me i got my first figure wrong i think at the end got 541something lol but think my second figure agrees with the 1mill everyones putting, can anyone remember section 2 what they got as answer from flex budget

koda

Think my overall was 200k something favourable variance.... I can't remember exactly though! doh!

kmv

koda wrote: »

Snap with 0.72 and 0.90 for contributions :-)

Yep, i got exactly 0.72 and actual 0.90

Big Bird

kmv wrote: »

part 2 very easy
part 1 i thought i would cry. I got loss 1st and even bigger loss for proposal, nothing made sense, i screw it up :crying:

Me too its was my last exam and it is going to be my first resit:crying::crying::crying::crying::crying:

lizrochford

kmv wrote: »

part 2 very easy
part 1 i thought i would cry. I got loss 1st and even bigger loss for proposal, nothing made sense, i screw it up :crying:

KMV I didn't get the right figures for the first part either!!!