Synoptic March for May results

k290485
k290485 Registered Posts: 10 New contributor 🐸
Hi anyone took this exam ?

I did but not looking forward to my results.
One task about 3 garages, I had no clue how to complete that one and to make it worse all later questions on that question were linked with Contribution that I should calculate but had no clue how to do it. There was no units no notching to use use bunch of COS and other related costs :(

Checked both Kaplan books, exam kit and both tests on AAT website notching similar to that question, and that was 15% :( so bye bye hitting the 70% mark with only 5 out of 6 tasks completed.
«1

Comments

  • hphil
    hphil Registered Posts: 6 New contributor 🐸
    Hello, yes I took this exam, but I don't remember a question about 3 garages! I wonder if everyone gets the same questions or if they differ slightly. There was a question about them buying car kits in to sell and you had to describe fixed costs, semi variable costs, varial cost s and stepped costs, then relate this to the scenario described. Did you get that question. Its hopefully my last exam, I really hope I pass 🤞🤞 I have my fingers crossed for you too.

    Just remembered that question asked about a weighted average and contributions. I struggled with that but actually.
  • k290485
    k290485 Registered Posts: 10 New contributor 🐸
    Hi I think it might be the same one. There were information about 3 different garage, or I think they called them dealership 7 12 15 i think were the numbers. And each of them mate a net lost 30 - 60k
    revenue of each was around 600 -700k

    then there was bit of information about fix cost and variable cost

    The aim was to calculate relevant cost and contribution but nothing that would indicate what they think is relevant cost, and contribution per what sold car, size of the dealership. I don`t think I came across any task like that in all my study. And the worst thig is that all b,c,d, questions were based on the elements from a. :( so probably will get 0 for this one.

    I don`t thing I will try synoptic again, I already got the books for the new exam from the 2022 I will cost extra £100 to move to that one but still I think its worth it to avoid synoptic.
  • olivia1999
    olivia1999 Registered Posts: 6 New contributor 🐸
    I had the exact same question. I checked all my booked and I could not find anything that even linked to that question.
    What did you end up doing in the end, or did you just leave it blank?
    I know that relevant costs are usually variable? So I added up the costs and to get the contribution (selling price - variable costs) I just took the number for how much they were selling the vehicles and parts for and took away the relevant costs.

    But I just completely guessed all of it, no idea how right or wrong it was I just wanted some numbers so I could write a paragraph on which ones to keep to hopefully get follow through marks🤣
  • k290485
    k290485 Registered Posts: 10 New contributor 🐸
    Hi Olivia the same here, haven`t came across question like this in any of the books.
    Had no clue what to do there so I used COS based on the numbers it looked as it was much more expensive comparing to the others suggesting that some of the locations might use more expensive suppliers, but the same as you completely guessed all of it. I think we should phalange AAT if it was not included in the materials should not be included in the exam.
  • olivia1999
    olivia1999 Registered Posts: 6 New contributor 🐸
    I have emailed AAT, and they are going to investigate. Maybe you should do the same?
    Mewmoon
  • k290485
    k290485 Registered Posts: 10 New contributor 🐸
    Hi Olivia let me know if thy come back to you on this. I think we should challenge them. This is what I found in google. I really do not not recall this being covered in any of the Kaplan books I have used to study or any of the AAT website materials.

    What are relevant vs irrelevant costs in accounting?
    Relevant costs are costs that will be affected by a managerial decision. Irrelevant costs are those that will not change in the future when you make one decision versus another. Examples of irrelevant costs are sunk costs, committed costs, or overheads as these cannot be avoided.
  • Mewmoon
    Mewmoon Registered Posts: 14 New contributor 🐸
    Hi both, I had this question as well and was at a complete loss on how to answer this. I know I haven’t passed the exam, as I wasn’t able to get any points on this question. I couldn’t find any material covering this on 4 different training providers.. not sure how they expect us to answer this? I would appreciate an update if you get any updates from AAT.
  • olivia1999
    olivia1999 Registered Posts: 6 New contributor 🐸
    They said they would investigate and get back to me in 10 working days, so once I’ve had a response I will let you know!
    Completely agree, not sure how we were meant to answer a question when we had nothing in any books so must have meant that type of question hasn’t been asked before. I don’t think it was fair at all.
  • k290485
    k290485 Registered Posts: 10 New contributor 🐸
    Hi Olivia any news on this ? I did made a complain to AAT as well but they haven`t come back to me yet.
  • Susiewoo72
    Susiewoo72 Registered Posts: 2 New contributor 🐸
    Exactly the same as you all , found half a page on this in the study text so a lot of marks based on this . Curious to hear what they respond to you .
  • k290485
    k290485 Registered Posts: 10 New contributor 🐸
    edited April 20
    Following further review of your feedback by our Content Queries team, I would like to confirm that the area of relevant costing is within the PDSY Synoptic Assessment specification. It is a fundamental area that is expected to be covered when studying for the Management Accounting: Decision & Control assessment. Additional resources, such as Practice Assessment 2, Task 4 which covers this area are available on AAT’s Learning Portal: https://www.aat.org.uk/learning-portal.



    I just checked and that is not even close to the question that was on the exam or I`m looking in the wrong place.


    Please send complains everyone I already did who had this question. They are crazy to expect any of us answering that question.
    Mewmoon
  • KStokes98
    KStokes98 Registered Posts: 5 New contributor 🐸
    Results tomorrow! I had this question and well I hated it! 0/15 for sure! No idea what to do!
  • olivia1999
    olivia1999 Registered Posts: 6 New contributor 🐸
    They said the same to me about the relevant costing is in the exam and to look at the question. Like you, this was not similar to the question what so ever. Nervous for my result!
  • shaymabegum
    shaymabegum Registered Posts: 12 New contributor 🐸
    Good luck everybody for today!
  • olivia1999
    olivia1999 Registered Posts: 6 New contributor 🐸
    Have you had yours yet?
  • shaymabegum
    shaymabegum Registered Posts: 12 New contributor 🐸
    not yet, hate waiting😩hope it comes early enough because it’s so nerve wrecking!!
  • Bonnie28
    Bonnie28 Registered Posts: 27 Regular contributor ⭐ 😼 ⭐
    The previous one came out in the afternoon.. Let's hope it doesn't repeat itself again 🤦‍♀️🤦‍♀️
    shaymabegumTomClark99
  • TomClark99
    TomClark99 Registered Posts: 24 New contributor 🐸
    Good luck everyone - last time I got my result at 9am! I don't think I will be as lucky this time :/
  • KStokes98
    KStokes98 Registered Posts: 5 New contributor 🐸
    Still waiting… anyone got them yet?
  • TomClark99
    TomClark99 Registered Posts: 24 New contributor 🐸
    I got them - I passed with 80% I hope everyone did too!
  • shaymabegum
    shaymabegum Registered Posts: 12 New contributor 🐸
    a colleague of mine received hers! she sat on a Tuesday
  • shaymabegum
    shaymabegum Registered Posts: 12 New contributor 🐸
    I’m waiting on mine still 😳
  • emma8021
    emma8021 Registered Posts: 39 Regular contributor ⭐ 😼 ⭐
    Failed mine - got 59% i was so sure i passed !
  • KStokes98
    KStokes98 Registered Posts: 5 New contributor 🐸
    I passed! 78% statement of achievement not showing tho? Anyone else got this issue?
  • TomClark99
    TomClark99 Registered Posts: 24 New contributor 🐸
    KStokes98 said:

    I passed! 78% statement of achievement not showing tho? Anyone else got this issue?

    It takes ages - atleast 24 hours normally
  • olivia1999
    olivia1999 Registered Posts: 6 New contributor 🐸
    I got an email saying my results are ready half an hour ago and nothing on there
  • KStokes98
    KStokes98 Registered Posts: 5 New contributor 🐸
    > @TomClark99 said:
    > It takes ages - atleast 24 hours normally

    Normally instant for me!
  • TomClark99
    TomClark99 Registered Posts: 24 New contributor 🐸
    KStokes98 said:

    > @TomClark99 said:
    > It takes ages - atleast 24 hours normally

    Normally instant for me!

    Tell a lie - Its there now for me!
  • shaymabegum
    shaymabegum Registered Posts: 12 New contributor 🐸
    71% passed!🌟
  • Bonnie28
    Bonnie28 Registered Posts: 27 Regular contributor ⭐ 😼 ⭐
    And that's a wrap for me ,got 85%.I am fully qualified ,this was the third attempt.

    Overall got 79% ,a pass is enough as long as I was done.

    All the best
    TomClark99
Privacy Policy