ECR Exam

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:31AM in AAT student discussion
Can anyone remember their answers? I'm starting to worry a bit now-came out of the exam thinking it was really easy but now I'm starting to wonder! Just wanted to know if other people's answers were the same/similar to mine,

Thanks

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:ECR Exam

    People are just so helpful on this forum!?!?!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:ECR Exam

    Hi Lou
    Sorry you weren't getting any help.
    The few things I remember are(not in the right order):

    The first question was something like 'what is the method of stock costing used' and I think the answer was weighted average
    Comleting a table for material costing
    the journal entries
    The effect on Fixed costs of an increase in activity level:
    Table for 10000 units and you work out costing for 12k and 14k units. Then the question was about production of 50000 units in a 3-month period and how FC will be affected
    Correcting DL cost
    Unit cost based on marginal costing and full(absorbtion) costing
    Absorbtion of overhead
    Under/over stated OH
    Process costing-I got 56.11 for the unit cost to value abnormal loss and the output. I think Normal loss = £5x400 Don't remember the rest
    Payback period(1 year +10.7 monthes)
    NPV(I think £317)
    4 questions around investment appraisal
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:ECR Exam

    Hi Lou

    Some of the answers were discussed on 5th December - look at the thread "ECR Exam 5th December 2005" - it has about 15 posts on it and it mentions some of the answers.

    Hope it helps!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:ECR Exam

    Thanks to both of you

    Lou
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:ECR Exam

    I think the NPV would be £317,000 in full ie £317 (£000), I guess you mean that was the answer for the table not the full answer.

    Has anyone got a tutor who can do the exam paper???? Someone did that last time.

    Tori.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:ECR Exam

    Tori
    Mine is on excel at the moment.
    I can attach it to an email and send it to you. If you want it in such a format, email me at sandy.hood@chichester.ac.uk .
    There may be an opportunity to ring me and for me to talk through the specific tasks but I am not going to be available at the end of a telephone for the next couple of weeks.
    I will post it on a website shortly.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:ECR Exam

    Hi Sandy

    Sent you an email so let me know if you don't get it. Thanks for your help.

    Torix
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:ECR Exam

    god help you are worrying me I had no process costing in mine at all?????????????

    Did we sit different exams????????????????????????

    Now i am worried
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:ECR Exam

    I know what you mean about the process costing there definatly wasn't any on my paper!

    Could the AAT have missed pages out!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:ECR Exam

    Hi

    If you download the exam paper there is nothing there about process costing as far as I can see. I got the tutors suggested answers nothing there either. So I think we can stop worrying. Hopefully the person doing the posting got mixed up???

    I double and triple checked my exam paper before I left so I can't have missed anything. :wink:
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:ECR Exam

    Thanks Tori,

    This is my 4th attempt on unit 6 so when I saw it I panicked, thanks for replying

    your a star

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