Financial Performance tomorrow!!!

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Jade95
Jade95 Registered Posts: 50 Epic contributor ๐Ÿ˜
I have my credit tomorrow and am getting really nervous! :001_unsure:

I was just wondering...
To find the standard hours for actual production is it...

Budgeted hours for budgeted production / budgeted production x actual production?

Any other tips or tricks for the EXAM would be appreciated. :lol:

Thanks in advance!

Jade

Comments

  • Malcolm Green
    Malcolm Green Registered Posts: 105 Beyond epic contributor ๐Ÿง™โ€โ™‚๏ธ
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    Hi Jade,

    We have covered FNPF and FNST in a revision workshop back in December and you may like to have a look at our revision notes on this.

    The link to our website is : http://aatbirmingham.org.uk/2012/free-performance-enhancer-revision-workshop-review.html#more-1224

    I trust you will find these of assistance and all the very best with your exam.

    Just keep thinking Positive!
  • Clintm15
    Clintm15 Registered Posts: 248 Dedicated contributor ๐Ÿฆ‰
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    Hi again Jade,

    You are correct. If there is anything else you need clarifying just ask.
    AAT
    Level 2 - 2011
    Level 3 - 2012
    Level 4 - 2013

    ACCA
    F4 - Corporate Law - Dec 2015 (passed)
    F5 - Performance Management - Dec 2014 (passed)
    F6 - Taxation - Dec 2013 (passed)
    F7 - Financial Reporting - Jun 2014 (passed)
    F8 - Audit & Assurance - Dec 2015 (passed)
    F9 - Financial Management - Jun 2015 (passed)
  • Jade95
    Jade95 Registered Posts: 50 Epic contributor ๐Ÿ˜
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    Thank you to all, this was really helpful :001_smile:
  • Spamkebab
    Spamkebab Registered Posts: 233 Beyond epic contributor ๐Ÿง™โ€โ™‚๏ธ
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    Hey Clint, from your recent posts it seems like you enjoy the variances questions.

    I thought it was just me that enjoyed em, thought i was a bit weird lol.

    Funny how they all make sense and seem really easy once you haven't got the pressure of passing the exam.

    Neil
  • Clintm15
    Clintm15 Registered Posts: 248 Dedicated contributor ๐Ÿฆ‰
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    Hi Neil,


    You enjoy variances? Are you a Masochist? :D
    AAT
    Level 2 - 2011
    Level 3 - 2012
    Level 4 - 2013

    ACCA
    F4 - Corporate Law - Dec 2015 (passed)
    F5 - Performance Management - Dec 2014 (passed)
    F6 - Taxation - Dec 2013 (passed)
    F7 - Financial Reporting - Jun 2014 (passed)
    F8 - Audit & Assurance - Dec 2015 (passed)
    F9 - Financial Management - Jun 2015 (passed)
  • Spamkebab
    Spamkebab Registered Posts: 233 Beyond epic contributor ๐Ÿง™โ€โ™‚๏ธ
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    No, just a bit weird

    lol Clint

    Neil
  • kerrys7
    kerrys7 Registered Posts: 3 New contributor ๐Ÿธ
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    Hi All
    Does anyone have any tips for retaining the formulas in Financial Performance, I failed (1st attempt) recently but my feedback showed I exceeded in everything except the variances. To be honest I thought I did way worse than that as i went blank on the day but i'm trying to revise again and very few of the formulas are actually sticking in my head. The Calculation of the variances is fine, it's just remembering them that I'm getting increasingly frustrated with...
    Any help is greatly appreciated
    Thanks
  • James Patterson
    James Patterson Registered Posts: 281
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    Hi Neil,


    You enjoy variances? Are you a Masochist? :D

    hahaha brilliant!
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