MAC exam. What do you think?
Fiorellino
Registered Posts: 82 Regular contributor ⭐
I have just sat the MAC exam. It was ok... roll on three o'clock for anyone who want to compare the answers.
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Hi There,
I've just sat MAC too, is it 3 o clock that we can discuss it?
I found the paper surprisingly ok, so much so I'm starting to worry big time that I missed some really obvious points!0 -
likewise, and I was quite cautious about it, I only finished with 10 mins to spare. Id like to put it down to all the studying I did!
But...time to move on DFS on Wednesday, I hope it goes the same way!0 -
Yes we have to wait until three o'clock to discuss the paper... well only 20 minutes to go0
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After studying index, all sort of budgets, life cycle etc ... there was any of this stuff. At the begin I got confused with the spices...0
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Yeah I got confused with that too, not seen anything like that on any of the pat papers from what I remember...0
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yes it wasn't too bad. What did you get on the flexed budget? I have got 5000 of profit I think0
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....the flexed budget question threw me completely....0
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Shoe Fairy wrote: »....the flexed budget question threw me completely....
Why? for the variable cost calculation?0 -
Me too!! Really wasn't expecting it and I think I made a bit of a hash of finding the variable parts of the costs!!0
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yep...how did you work out the fixed cost element of both labour and energy? i sooo messed that up!!!0
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Shoe Fairy wrote: »....the flexed budget question threw me completely....Shoe Fairy wrote: »yep...how did you work out the fixed cost element of both labour and energy? i sooo messed that up!!!
I used the hi-lo method0 -
I think i got 500 profit as the actual was 5000 adverse and i can remember that the total variance was 5500 adverse.
It through me at first as i thought do i flex the fixed costs but then as there was 2 lots of volumes you couldn't.
I thought the last question was odd. Did it make any difference how much chicken people ate?? also did you get a utilisation of about 85%?? I put as a reccommendation to inclrease the tables avaiable so it would be less crowded?0 -
I think I had 550 adverse too.
Didn't like those chicken/restaurant questions at all!! Yeah 85% sounds like what I put too0 -
5500 adverse even!!!0
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Yes I got 85% for the utilisation and my reccommendation were to give some training to the staff, to increase the price per meal, and to add increase seats from 48 to 600
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i dont know if its only me or there were 2 many written question on both sections they were not tough but very lengthy .. and specially that chicken question all the information was given in the question i dont why they still wana know wat was difference between london hotel and average hotels0
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i messed up da 1st figure on task 1.1 a and carried out that figure to part c . i hope so i will get penalised once if not 2 be then i messed up the whole task0
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The written questions took too much time I thought. I said to train the staff, increase the number of tables and change prices for that last question0
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i have attempted the whole paper not missed a single task .. dats bit of a positive i can take from dis paper .. i think i will make it or may be not lolzz lets see finger crossed0
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reconciliation
My variance reconciliation was out, Who remembered the answer
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I didn't miss anything out was just so pushed for time and was writing up unttil the very end!
What did you get for question 1.1?0 -
those chicken thing's were stupid, did you do simply the cost of materials for the chicken divided by 4 to give the no. of chicken meals? and then the no. of chicken meals divided by total meals provided to get the %?
I did the exact same for the chocolate pudding. Was it this simply or did you have to incorporate the other meals?0 -
I have got 210 for the first 2 weeks and 420 for week 3 and 4 if I remember right0
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i made a silly mistake it should have been 30x7x1 for the 1st 2 months and 30x7x2 for the last 2 months but i dont know why da heck i took 150x1x30 for the 1st 2 months and 150x30x2 for the next 2 months and carried out till part c .. i hope so i get penalised once in part a for my mistake wat do u reckon ?0
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yeah 210 and 420 sounds right.
one bit i was unsure of was that with the raw material, with the closing stock it said 3 days of following months demand. Which I did based on the demand/7 * 3 as the restaurants were open 7 days. But i noticed that the production was run over 5 days so did they mean restaurant demand or production demand?0 -
umerali2003 wrote: »i made a silly mistake it should have been 30x7x1 for the 1st 2 months and 30x7x2 for the last 2 months but i dont know why da heck i took 150x1x30 for the 1st 2 months and 150x30x2 for the next 2 months and carried out till part c .. i hope so i get penalised once in part a for my mistake wat do u reckon ?
you should be fine, they should just penalise you the once for that, it just means the examiner will have to recalculate the rest on your figures0 -
Fiorellino wrote: »I have got 210 for the first 2 weeks and 420 for week 3 and 4 if I remember right
yea dats right but unfortunatley when i jumped into the train i realised it should have been like dat i wish if i have changed dat .. Gosh i am panicking now do u think its enough 2 give me a fail in section 1 i did other parts quite well0 -
I think i got 500 profit as the actual was 5000 adverse and i can remember that the total variance was 5500 adverse.
It through me at first as i thought do i flex the fixed costs but then as there was 2 lots of volumes you couldn't.
I thought the last question was odd. Did it make any difference how much chicken people ate?? also did you get a utilisation of about 85%?? I put as a reccommendation to inclrease the tables avaiable so it would be less crowded?
I also have 500 profit for flex budget, and total 5500 adverse. And utilisation of 85%!0 -
you should be fine, they should just penalise you the once for that, it just means the examiner will have to recalculate the rest on your figures
yes but i made a terrible mess lot of tipex and crossing out .. just only in that question i have crossed out 2 times .. well i dont think so he will bother 2 look in to my mess he will simply put a big cross wat u think ?0 -
yeah 210 and 420 sounds right.
one bit i was unsure of was that with the raw material, with the closing stock it said 3 days of following months demand. Which I did based on the demand/7 * 3 as the restaurants were open 7 days. But i noticed that the production was run over 5 days so did they mean restaurant demand or production demand?
I can remember what I did, but the figure was nice and round so I did not think too much0
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