PEV Exam

tomburns1987

HGANNON wrote: »

My unit price per bar was £1.16. Did anyone else get this??

Yep!

stellababe

tomburns1987 wrote: »

I think my revised figures showed an improved gp%

My gpm was lower due to the higher labour rate per unit.

noodles

I think my revised np was £550,000 and a 7% rings a bell but for what I can not remember

purple19m

I also got 1.16 as my unit cost for the standard cost card

My gross profit margin was higher, the labour cost increased but the overheads decreased so thats what gave me a higher margin, not saying i'm right though!

tomburns1987

purple19m wrote: »

I also got 1.16 as my unit cost for the standard cost card

My gross profit margin was higher, the labour cost increased but the overheads decreased so thats what gave me a higher margin, not saying i'm right though!

Thats exactly what I did but starting to doubt it now because a few people changed the fixed costs (after the GP sum) rather than the fixed overhead costs. There seems to be some confusion as to which figures should have been changed.

Nikkih

I thought it was the fixed Production cost before the GP that was meant to be changed as the Fixed cost after were the same for both scenrios

sam12

Hi anyone know about varienaces answers?

sam12

Hi, anyone know answers about 1.1 a, materials fruit and nuts, other answers

NAJC

There was a 6000 2000 3120 variance. All i can remember. but there were valid reasons for these.

tomburns1987

The paper is now available to download!

Does anyone know when the answers will be available?

columbia

Don't think they put the answers on until the results are out - which is Feb 9th.