flex budgets-PCR tomorrow
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Please can some one help me in the 11th hour, i can do flex budgets unless there is opening or closing stock then i am confused - can anyone help me please.
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flex budgets-PCR tomorrow
shay,<BR><BR>This was included on the June 2004 paper. If you look at the answers, http://www.aat.co.uk/docs/students/peps/Jun 2004 - Technician for web/PCR June 04 answers.pdf you will find it is ignored completely in this instance. Personally I don't think we are expected to do anything with it as it is not a cost it is an asset, and the second half of this paper is concerned with costs.0 -
flex budgets-PCR tomorrow
QWERTYNELS<BR>thank you so much, i tried this exam but was getting myself in knots. Think ill just go to bed and read!0 -
flex budgets-PCR tomorrow
hi there i have had to get mt head around this one as well if it includes closing stock then it is basicaly absorbtion costing. marginal costing has no closing stock. so the question usually wants you to compare results based on marginal costing.0 -
flex budgets-PCR tomorrow
I can explain it to you if you in easy terms if you want but it's to much to type, If you want to call me thats ok.. email for my number : mhdv13@dsl.pipex.com0 -
flex budgets-PCR tomorrow
In the June 04 paper closing stock isn't ignored - it's simply that the statement is presented differently. Basically, everything is flexed to the 8800 units sold, rather than stating costs for the 10000 units made and then "knocking off" the bit that relates to the 1200 units in stock.<BR><BR>Hope that helps - good luck! <img src="i/expressions/face-icon-small-smile.gif" border="0"><BR><BR>Andrew Harrington0 -
flex budgets-PCR tomorrow
if you're still up I'd appreciate a quick chat about this. I have just emailed you.<BR><BR>Thanks0