Kaplin Mock Paper dec 09
A-Vic
Registered Posts: 6,970 Beyond epic contributor 🧙♂️
Just had a go at the above paper and had to do i revised operating statement using marginal (or varible) costing what has me confused in the revised budget answer it didnt use the production volume but the sales volume to work out the materials labour and (variable of semi variable electric) of the actual budget.
Is this correct when your asked to just do the variable aspect of the revised production you dont include any opening or closing stocks why is this am i missing something ???
Thanks in advance
Is this correct when your asked to just do the variable aspect of the revised production you dont include any opening or closing stocks why is this am i missing something ???
Thanks in advance
0
Comments
-
That sounds unlikely, i'm yet to see a paper where they would ignore the O/S & C/S, unless stated in the text?
Do you have a scan of the paper, or ref to where it is?0 -
sorry i only have the paper no access to a scanner, i know it states it in the book that it is correct but just for my own understanding wondered why.0
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