whoop whoop PCR done

kjg-kj

Did anyone else get a lower figure for the contribution per unit, I got 0.36 and 0.41

chrim

me too

kmv

Can somebody tell me what answers should be for part1, please?
Part 1 was sooooo unclear and sooooo misleading..... anybody agree?

beerblue

I wouldn't worry too much if I was you.
you may have made a mistake on one nuber that threw the rest out.
If you have used the correct calculations but wrong figure, you will still get marks.

taskey

kjg-kj wrote: »

Did anyone else get a lower figure for the contribution per unit, I got 0.36 and 0.41

i think i did, not 100% sure

i did

turnover

variable
semi variable

total of variables

contribution total
contribution per unit

fixed costs

operating profit

laurlou

marie555 wrote: »

I got same contributions and 579,200 profit

o dear i dint do it per unit

The Master

i got 15% and 20% for the first two answers

kmv

that would be this same in my case. Last exam and probably 1st resit

Chris023

I think I got the 232,000 F Variance..

I think I got the contribution figures.

The email..... Was it only asking to explain the benefits of flexible budgets verses the normal.. As I did not actually bring figures into it

kjg-kj

Did everyone else include the variable part of the semi variable costs in the variable cost bit before the contribution?

Chris023

I included the whole cost in the variable part for the semi - Variable costs.

Although I think I have seen in previous exam papers that either way is correct

wolfe

i got losses both times but i showed every single working neatly.... is that enough?

tonitowle

I split them up into the semi variable part and fixed part.
Put the semi variable section at the top, then contribution, then the fixed part of the cost at the bottom if that makes sense?

marie555

kjg-kj wrote: »

Did everyone else include the variable part of the semi variable costs in the variable cost bit before the contribution?

I did, then the fixed parts below

beerblue

kjg-kj wrote: »

Did everyone else include the variable part of the semi variable costs in the variable cost bit before the contribution?

Yup

taskey

i put the semi variable (fixed and variabe parts) at the top with the variable costs

lewpylew

Re-sit coming up for me - I was in such a panic and completely messed up the lay out for question 2. I did it as per the operating budget shown so guess I have lost marked. Think my variances were ok but doubt this will get me through. So, so upset but nothing I can do now....

liz72

PCR paper

Was there any limiting factor in Section 1?

I was so time-pressured and there was a lot of info to take in that it only occurred to me afterwards - was there a constraint? It didn't jump out at me (unless it was buried somewhere in the first 2 pages).

Also, what did you get on the operating profit/ how did you deal with it? I'm not sure I ended up calculating this right (i.e. taking account of fixed o/hs and both products or not).

???????? :confused1:

playboybunny_110

lewpylew wrote: »

Re-sit coming up for me - I was in such a panic and completely messed up the lay out for question 2. I did it as per the operating budget shown so guess I have lost marked. Think my variances were ok but doubt this will get me through. So, so upset but nothing I can do now....

this is what i did too :001_unsure:

JFJ

Glad its not just me then...!

Off to revise for PTC tomorrow yipppppeeeee

Good luck to all those doing PTC tomorrow.

kjg-kj

Does anyone else remember what they got for the overall profit variance at the verry bottom?

cs_1988

Answers i got were.... (Not saying their right!!)
20%
15%
£12
£9
£5
£4.50
£7
£6
£0.2
£0.2
£0.08
£0.06
£0.15
£0.15
87,400
0.04

281 040 - Original Plan Profit
1111250 - Revised Plan
579200 - Flexed Budget Budget

I doubt many people will have the same answwers, there were so many places to make a small mistake!!

beerblue

JFJ wrote: »

Glad its not just me then...!

Off to revise for PTC tomorrow yipppppeeeee

Good luck to all those doing PTC tomorrow.

God knows how some of you have revised for 4 exams this week.

I only had the PEV and PCR and my heads nearly exploded.
:eek:

chrim

i got this too taskey

laurlou

lewpylew wrote: »

Re-sit coming up for me - I was in such a panic and completely messed up the lay out for question 2. I did it as per the operating budget shown so guess I have lost marked. Think my variances were ok but doubt this will get me through. So, so upset but nothing I can do now....

Do you mean in section one i copied the operating statement to do the revised one if thats what you mean?

taskey

same as me, but i do wish i had done DFS yesterday. i think i could have managed that.

Tracy

karenv

JFJ wrote: »

Glad its not just me then...!

Off to revise for PTC tomorrow yipppppeeeee

Good luck to all those doing PTC tomorrow.

I also did that then realised my mistake when I re read the question so re worked it to show the contribution

tonitowle

cs_1988 wrote: »

Answers i got were.... (Not saying their right!!)
20%
15%
£12
£9
£5
£4.50
£7
£6
£0.2
£0.2
£0.08
£0.06
£0.15
£0.15
87,400
0.04

281 040 - Original Plan Profit
1111250 - Revised Plan
579200 - Flexed Budget Budget

I doubt many people will have the same answwers, there were so many places to make a small mistake!!

No sure about original/revised figures cos i just cant remember what i put, but i definately had all the other figures

cs_1988

Chris023 wrote: »

yep I think I got the 281 and the 111, I remember the revised being 111 something due to all the 1's

Hayley wrote: »

I got £281,040 for the first one and £1,111,250 for the revised

HAHA Me too, i so jope your right!!!!

misterman

WAREHOUSING - the answer

If you sell to the department store, they will have the warehousing costs, not you! So, do not include warehouse costs cos there aren't any!

Also Wolfe with an E - I got a loss too, and I think if anyone got a profit, they missed something.