RRP wrote: »
I really had NO idea when it came 2.3 on P and L.
Should it been Debit and Credits or what?? why were there two columns?? sooooo confused
Touch and go for me if I pass :-(
mchll wrote: »
Thank the lordy I wasn't the only one who found this question hard...I spent nearly 45 mins on it before abandoning it as a bad job Me's expecting a big a fail because of that one!
Marga wrote: »
i approached this question as a normal P&L (unit 5)
Sales would be your revenue 15000 units at selling price £12
mchll wrote: »
FAC was -
Sales - 144000
COS - 12000x(4+3+2) = 108000
Profit - 144000-108000 = 36000
spursfan323 wrote: »
Sorry, but 15,000 was amount PRODUCED, whereas only 12,000 items were sold.
Don't worry - I'm not smirking - I made a right hash of this question...
RRP wrote: »
I also recognise some of those numbers how ever I wrote everything in one long line as I had no idea what to put in what column!!
The other issue is I wrote sooooo many different numbers which I rubbed out and changed then rubbed out again (love those frixion pens) and changed again so I actually have no idea what I should or did put!!
Another question I have is what reason did you put to why the figures were different, my figures were all wrong but thought I should give this a go anyways.....you never know I may get a point or two lol!!
Another point I would like to mention is wasn't this a UNIT 6 exam people keep saying how they only knew this stuff because of UNIT 5.....well I start Unit 5 next year (after Xmas) so have done nothing and know nothing about that unit! if it is a question that you need Unit 5 knowledge of to understand then I think it is VERY unfair!!
Also I have looked in the Tutorial and Workbook and see nothing like it in there so how the hell can we revise for something not in out books? or am I just blind? :-(
monkeyrage wrote: »
How did everybody find this? I hope people found it just as difficult as I did and AAT lower the pass rate!!
NO BUSINESS CASE wrote: »
Yep I got £40k profit on the limiting factors as well!!
Net present cost I got the first van as it was less expensive than the other van (if I remember!!!!!??). Luckily enough I sat a past paper on Sunday night and that also had an NPC rather than NPV so was lucky there!!!
To be honest as a home study bod it seems that perhaps this is the better way to go as you arent led down blind allys like it appears happens in the classroom and revision courses. Is this a fair call??
moorfield wrote: »
I nailed it, in 2hrs.
Sorry if that offends people, but I'm very very happy about that exam, just needed to let some steam off ....
valentino46 wrote: »
hi, i was meant to sit yesterday but couldnt for various reasons, my friend who did sit said that when calculating apportionment amounts between NBV and floor space that he could not get correct figures as the rounding of decimal places was out, did anyone else struggle with this or was it his error. he thinks he may have had his calculator in some sort of mode where it would not round up correctly!
MWAUGH1983 wrote: »
Yeah did ECR ther and what a total nightmare. The number of trip me ups were a nightmare - if it was technician then fair enough but this isnt a professional qualification like ACCA or CIMA but I suppose thats the nature of the beast.
I too found most of the same questions difficult - I dont mind doing knew stuff in exams as to be fair its enevitable but they need to base it around what is available to us when revising; but it this way all revision courses in the main tend to revolve around past papers!
The net present cost was totally unexpected - I think I took the disposal of the cost for the last year so U assume that was right - someone said that a line was missing well I believe the second van had the capital and disposal on the same line at yr 1 and yr 5 or whatever the final yr was - but either way wat a strange question. That area should allow students to pick up easy marks but that has massive question marks over it.
The allocation apportionment was probably my best answered question but what the heck was that about with 25% being fixed and 75% being varible - again another trip me up and also that thing about 18million and 25 million being added I found a bit strange as the amount from the other department was no where near that amount to be allocated but I might be wrong there.
Either way its done and dusted. I for one will try not to think about it as in the past when I think I have past I fail and vice versa so I will till february and get on with these sims and hopefully I will get them passed - WELL I BLOODY HOPE SO!!!!!!!!
I hope everyone isnt stressing to much and good luck to everyone who has exams the rest of this week - I have unit 5 wednesday - please lord let me pass