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Uncontrollable/Controllable Variances - IS it tested in the exam

Just checking this as it's not in any of the green light tests, Mock exams and it's not mentioned in the Examiner report.

I'm checking as it's covered in the Kaplan material, and i'm sitting this exam Wednesday
AAT

Level 2 Foundation Certificate in Accounting - 30 Nov 18
Level 3 Advanced Diploma in Accounting - 16 Oct 19
Level 4 Professional Diploma in Accounting - Currently studying

Comments

  • amurrayamurray Feels At Home Registered, MAAT, AATQB Posts: 291
    Hi there,

    I sat the MDCL exam a few times and I came across it.

    Is it not in the AAT Mocks? - Maybe it was in a college mock that I completed... I cant remember exactly.

    Good luck for Wednesday! :+1:
    MAAT, AATQB, FIAB, MICB PM.Dip.
    Completed AAT in March 2020
    Currently Studying: CIMA 'Operational Level'
  • thelowendtheory18thelowendtheory18 Registered Posts: 219
    amurray said:

    Hi there,

    I sat the MDCL exam a few times and I came across it.

    Is it not in the AAT Mocks? - Maybe it was in a college mock that I completed... I cant remember exactly.

    Good luck for Wednesday! :+1:

    Wow, that was the hardest exam i've sat by far :#:#

    AAT

    Level 2 Foundation Certificate in Accounting - 30 Nov 18
    Level 3 Advanced Diploma in Accounting - 16 Oct 19
    Level 4 Professional Diploma in Accounting - Currently studying
  • amurrayamurray Feels At Home Registered, MAAT, AATQB Posts: 291
    edited July 16
    MDCL is known as the tricky exam, it took me several attempts to pass it.

    Although being a hard exam, how do you think it went?
    Hopefully you got some questions/tasks which you covered on revision.

    Now all you can do is relax and await the result (this is the bit I hated!)... Good Luck! :):+1:
    Whats your next unit?
    MAAT, AATQB, FIAB, MICB PM.Dip.
    Completed AAT in March 2020
    Currently Studying: CIMA 'Operational Level'
  • thelowendtheory18thelowendtheory18 Registered Posts: 219
    yh it's wasn't a complete disaster, the first two tasks were almost too good to be true

    some basic HI - LOW stuff.. work out the variable cost per unit the fixed costs... and apply it to a set amount of units ..... work out the prme cost of something and basic break even point/contribution .. all straight forward

    next task big question on variance..... on a certain set of units... then another where it ad you to find a figure from missing info e.g the standard was X the variance was y what was the actual quantity..... again not too bad

    then it stepped up after that.... tricky question on liner regression... it's seems silly but but the calculation didn't give me the fixed element which throw me.....


    another task on basically work out a set of Ratio figures from missing info..... sounds easy but the way the question was worded and the amount of data there was made it very tricky (for me anyway)

    then had some cvp question. but more difficult then the earlier task... then ended on life cycle costing
    AAT

    Level 2 Foundation Certificate in Accounting - 30 Nov 18
    Level 3 Advanced Diploma in Accounting - 16 Oct 19
    Level 4 Professional Diploma in Accounting - Currently studying
    amurray
  • thelowendtheory18thelowendtheory18 Registered Posts: 219
    also sat my external auditing exam last week so waiting on 2 exam results

    all going well ive got business tax and the synoptic left to sit
    AAT

    Level 2 Foundation Certificate in Accounting - 30 Nov 18
    Level 3 Advanced Diploma in Accounting - 16 Oct 19
    Level 4 Professional Diploma in Accounting - Currently studying
    amurray
  • DampSquibDampSquib Registered Posts: 2

    also sat my external auditing exam last week so waiting on 2 exam results



    all going well ive got business tax and the synoptic left to sit

    Great stuff.

    Watch out for the synoptic. I'd argue probably the toughest exam by a fair margin.
    Level 2 Foundation Certificate in Accounting - April 2019
    Level 3 Advanced Diploma in Accounting - November 2019
    Level 4 Professional Diploma in Accounting - July 2020
  • amurrayamurray Feels At Home Registered, MAAT, AATQB Posts: 291
    > @thelowendtheory18 said:
    > also sat my external auditing exam last week so waiting on 2 exam results
    >
    > all going well ive got business tax and the synoptic left to sit

    Good luck for both pending results! :)

    I enjoyed Business Tax, I chose both tax options.
    MAAT, AATQB, FIAB, MICB PM.Dip.
    Completed AAT in March 2020
    Currently Studying: CIMA 'Operational Level'
  • thelowendtheory18thelowendtheory18 Registered Posts: 219
    > @DampSquib said:
    > (Quote)
    > Great stuff.
    >
    > Watch out for the synoptic. I'd argue probably the toughest exam by a fair margin.

    :#
    AAT

    Level 2 Foundation Certificate in Accounting - 30 Nov 18
    Level 3 Advanced Diploma in Accounting - 16 Oct 19
    Level 4 Professional Diploma in Accounting - Currently studying
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