june 2010 pcr paper

jpye

hi can anyone help with 1.2 how to calculate production have looked at answers and still cant find where this answer comes from. failed this paper in june. any help appreciated thanks

tillytots

Which part are you querying the increase 1.2 a or b. I am now working through this past paper and got my exam in November and panic has set in.

tillytots

The opening balance was valued at £3.20 rising to £3.25 by 4 May and to £3.30 by 17 May. This is an increase of 3.125% over 17 days.

Workings are:
the increase is 10p

10p divide by 320 opening balance = 0.03125 then multiply by 100 = 3.125%

Hope this is the question you were stuck on, if not let me know.

jpye

thanks for query it was 1.2 b question is quantity of tubs to be produced. i have managed to find opening stock of 393000 but can not work out how they get 10029360 production any help would be appreciated do not want to fail again!

Rainbow

PCR June 2010

i have managed to find opening stock of 393000 but can not work out how they get 10029360 production.
You need to find Closing Stock ( Saleable stocks at 31 May 2011 will be equal to 2.0% of the number of tubs sold in the year.) 10218000 X 2.0%=204360

Production: Numbers of goods sold- OS+CS= 10218000-393000+204360=10029360.
Hope it will help.

Rainbow

jpye wrote: »

thanks for query it was 1.2 b question is quantity of tubs to be produced. i have managed to find opening stock of 393000 but can not work out how they get 10029360 production any help would be appreciated do not want to fail again!

You need to find Closing Stock ( Saleable stocks at 31 May 2011 will be equal to 2.0% of the number of tubs sold in the year.) 10218000 X 2.0%=204360
Production: Numbers of goods sold- OS+CS= 10218000-393000+204360=10029360.
Hope it will help.