fnpf question

ann09ann09 Settling In NicelyPosts: 17Registered
hi guys can some one help me with CBT practice test 3 task no 1.5

thanks

Comments

  • Jo ClarkJo Clark Font Of All Knowledge Posts: 2,526Registered
    Hello Ann

    What is the question? I have just tried to logon to MyAAT and it won't let me! I'll keep trying.

    Thanks.


    JC
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
  • ann09ann09 Settling In Nicely Posts: 17Registered
    thanks very much Joo for your help i have figured it out
  • Jo ClarkJo Clark Font Of All Knowledge Posts: 2,526Registered
    Hello Ann

    I didn't really help... :o

    Good luck with your exam, are you sitting it soon?


    JC
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
  • aaron0121aaron0121 Trusted Regular BirminghamPosts: 422Registered
    Hi Ann,

    I did see your thread in the morning but couldn't log into MYAAT to help you out.... ok it seems you've figured
    out how to do the question :thumbup1: But if any other student is stuck on this question, I will try and provide
    an solution on this thread.

    Task 1.5a)
    As you're trying to find the index for June you would need to do £9.90/£9.60*100= 103.13 rounded 2 d.p
    Then for July so £9.94/9.60*100=103.54 rounded 2 d.p, same formula applies to August as well.

    Task 1.5b)
    In this question AAT have kindly provided us with the index number for November :laugh: So we would need to
    work backwards to find the expected cost per kg, 107.25/100*£9.60= £10.30 rounded 2 d.p

    Task 1.5c)

    The formula for working out the percentage increase is difference/original*100, using this formula we can work
    out the percentage increase from January to August.
    Difference is £9.98 - £9.60 = 0.38, then 0.38/9.60*100 = 3.96%

    Hope this helps someone :)

    Aaron
    AAT

    Level 2 - 2010
    Level 3 - 2011
    Level 4 - 2013

    ACCA

    F4 - 2015
    F5 - 2015
  • Jo ClarkJo Clark Font Of All Knowledge Posts: 2,526Registered
    aaron0121 wrote: »
    I did see your thread in the morning but couldn't log into MYAAT to help you out....Aaron

    Same here Aaron... and thanks for posting the answers, I am sure other students will be very appreciative of you for doing this :o
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
  • ann09ann09 Settling In Nicely Posts: 17Registered
    hi guys sorry to bother u guys again
    n thanks aaron for posting the answers

    can somebody help with me another question 2.2b of this assessment

    http://www.aat-interactive.org.uk/elearning/new/FNPF_Practice_assessment_4/index.html

    Many thanks
    got exam tomorrow :ohmy:
  • aaron0121aaron0121 Trusted Regular BirminghamPosts: 422Registered
    hi Ann,

    Marginal costing is based on the variable costs which in this question are Direct Labour and Direct Material.
    So to work out the marginal cost per unit firstly we do 60000/20000= £3. As organisation x produced 20,000 units
    and we are trying to find out the marginal cost per unit we use this 20,000 figure. Again the same formula applies
    to Direct Labour so 120000/20000= £6. So £6+£3= £9 which gives the marginal cost per unit.

    I hope I'm not too late on answering your question

    Good luck for tomorrow :)

    Aaron
    AAT

    Level 2 - 2010
    Level 3 - 2011
    Level 4 - 2013

    ACCA

    F4 - 2015
    F5 - 2015
  • ann09ann09 Settling In Nicely Posts: 17Registered
    Thanks Aaron for your help

    my exam went very well this was my 1st resit i gave this exam in june
    which was very bad i failed on the written tasks :(

    but now AAT have changed the exam and made easier
    its may be the complains we have made to AAT regarding this exam:thumbup1:
  • Jo ClarkJo Clark Font Of All Knowledge Posts: 2,526Registered
    ann09 wrote: »
    but now AAT have changed the exam and made easier
    its may be the complains we have made to AAT regarding this exam:thumbup1:

    Hello Ann

    How was the exam easier? Are you sure it isn't down to your hard work and revision? I was only aware that the FNST exam had been changed.

    Fingers crossed for you in 6 weeks :o


    JC
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
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