F.A.O Sandy Hood

umerali2003
umerali2003 Registered Posts: 400 Dedicated contributor 🦉
Hello Sandy
I Hope so you are fine . I know its a busy time of the year for you and you get lot of requests from the students . I am just wondering if you are doing any suggested answers for MAC Unit 33 2010.

Umer Ali

Comments

  • Londina
    Londina Registered Posts: 814 Epic contributor 🐘
    how did it go your MAC exams? Did they give enough time this time?
  • umerali2003
    umerali2003 Registered Posts: 400 Dedicated contributor 🦉
    It was fine ... lets see how it goes
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    I would like to
    At the moment I don't have a question paper
    If you are able to get one, please send a copy to me at:

    Sandy Hood
    Room C216
    Chichester College
    Westgate Fields
    Chichester
    West Sussex
    PO19 1SB

    Thank you

    Sandy
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • umerali2003
    umerali2003 Registered Posts: 400 Dedicated contributor 🦉
    Hello sandy !!!

    Thanks for the reply i have sent you the soft copy at your email adress sandy.hood@chichester.ac.uk . I have no excess to the printer till thursday so wont be able to send the hard copy.
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    Go it.
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • Pinkjo
    Pinkjo Registered Posts: 88 Regular contributor ⭐
    Hi Sandy, will you be doing PEV? Sorry for being cheeky!!
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    After MAC
    so one day next week I think
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    Mac j10

    I've completed my answer and have a copy to send out
    It is not on the auto reply so if you want a copy let me know [size=+1]by email [/size] (not a pm) and I'll email it to you when I'm at my computer.
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • umerali2003
    umerali2003 Registered Posts: 400 Dedicated contributor 🦉
    Hello sandy thank you very much for the answers most of my answers are same as you but not on task 2.2. On task 2.2 (a) you have used actual sales units for Ratio ii and iii and i have used budgeted units because it wasn't clear which one to take. Secondly you have used Total production cost as cost of sales for only finished goods stock turnover in days i have used that for both . Thirdly your gearing ratio is 32.05% . My gearing ratio is coming as 47.16% total debt/ total equity 1250000/2650000= 47.16%

    Over all sandy what do you think of this paper .Task 2.2 was bit unclear in my opinion
  • A-Vic
    A-Vic Registered Posts: 6,970 Beyond epic contributor 🧙‍♂️
    In 2.2 I came to the conclution that this was actual costs so natually asumed you would have to use the actual sales?
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    Umer Ali

    Stock turnover in days was one of our revision day topics

    Stock of RM use closing stock of RM x 365 divided by production cost of raw materials


    Stock of FG use closing stock of FG x 365 divided by cost of goods sold

    Debt/Equity is another gearing ratio - but typical issues in costing are more likely to need a % figure for borrowing as a % of all the capital invested
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • umerali2003
    umerali2003 Registered Posts: 400 Dedicated contributor 🦉
    right if i have calculated debt/equity do you think i still get marks for it and what about using material sales unit instead of actual sales unit for ratio ii and iii do you think i still get marks for that.......... damn i haven't shown enough working on task 2.2 as well ... rest of the paper was ok but still finger crossed
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    I would expect that debt/equity would be marked as pass
    The others may have technique marks but not full marks
    If the rest of the paper is good I would be confident that you passed
    You were certainly good on the revision day
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
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