PCR - wasn't too bad

124

Comments

  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    I wish I could! PTC tomorrow, in the middle of revision now. :?
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    you will be fine with PTC. i did it in December and as long as you follow the logic you will be fine.

    good luck, but Im sure you will sail through :D
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    Good luck with the PTC :) tomorrow - that's one exam that I actually enjoyed in December.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    Cheers Michelle and Elizabeth! :D
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad
    elizabeth wrote:
    Good luck with the PTC :) tomorrow - that's one exam that I actually enjoyed in December.

    I enjoyed PCR until we all started ripping it to shreds :P :P

    But i agree, PTC is "nice" paper....
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad
    michelleAAT wrote:
    its great isnt it, doubting yourself and feeling waves of nausea wash over you :mrgreen:

    Quite....
    But good to know the vibe on PTC - am off to do the past papers AGAIN
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    the more past papers you do the more confident you will be, so when you walk into the exam room tomorrow you should be a little calmer, although exams are very stressful times to say the least.

    If you can do the past papers without too much problem then you will be fine.

    Good luck! :thumbup:
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    I definitely think it said ythree people off sick for the period.

    Can you confirm..............

    I thought that the original plan before limitations/ recommendations etc was a budget and had not been carried out as yet. Therefore if the additional information advises additional production is required, three people are off sick and a maximum of 80 hours overtime can be worked per employee, then i would think that this applies to the entire production (hence why revised production budget required)

    In a nutshell, i agree with Ashy that approx 320 hours short and the maximum hours available 4335.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    Moonstar11, that is how I read it but I can't guarentee I got it right! Really am off to do the past papers now.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    The title of this thread is quite ironic!! :lol::lol:

    Does anyone know what Sandyhood's view is, he seems to be the forum oracle.

    For the record, i got the answer where there was a shortfall on labour by 300 and something hours, allthough have no idea if this is right or wrong.

    Why is there a favourable variance of 785 as posted earlier, have i totally missed something out?!
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    There are a few people who have done it this way so if it is not correct i am sure the examiner will take this into account. To be honest i think it was the correct way to answer anyway.

    Hopefully we wil have passed come august

  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    For the record - same answers as Ashy, with reasons to meet production as hire additional staff or increase labour efficiency in some way - therefore more units per hour.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    For kate Short,

    Tha variance was the result of the flexed budget on Section 2. Only I got 784F not 785F........!

    I only remember this because I wrote it down and I knew that some clever person would post their answers, that way I wouldn't worry unnecessarily, as I alwyas do!
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    i got 782 then realised i couldnt add, when i did add up correctly it was 784 F

    :D
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad
    su3anneM wrote:
    For kate Short,

    Tha variance was the result of the flexed budget on Section 2. Only I got 784F not 785F........!

    I only remember this because I wrote it down and I knew that some clever person would post their answers, that way I wouldn't worry unnecessarily, as I alwyas do!

    and well done Kate for thinking ahead! :D

    I only remember coz i couldnt add up and had to tippex out the answer even though the dude stood at the front of the room told me not to :evil:
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    Oh dear oh dear, I think my variance was about 22,000, have to :lol: or you'll :cry:
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    I found that labour was the limiting factor. The difficulty I found though was splitting between the two products! Did we have to do this or was I not reading the question correctly?
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad
    Kate Short wrote:
    Oh dear oh dear, I think my variance was about 22,000, have to :lol: or you'll :cry:

    this post mortem of the paper isnt pleasant is it??

    at least England won 2 - 0....... :D
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    I GOT THE STEPPED COST TO BE ร‚ยฃ55,000 AND I CANT REMEMBER THE EXACT PROFIT FIGURE BUT THE VARIANCE WAS 785F.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    55k per 10,000? thats what i got too :D
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    Yeah I agree, dont know much! but it definately said period 7 therefore only 30 hours were available. Question may have been worded wrong by AAT but it definately said that!!!! So blame the AAT!! :D
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    Yeah I agree with that one, but not the limiting factors im afraid :(
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad
    michelleAAT wrote:
    GillG wrote:
    I did actually start to try to work out if you would be able to up production in period 6 in order to carry more stock forward....

    where were period 6's figures? Were they on a seperate page coz i must have missed that one :wink:

    my point entirely :D I got phased, and started to think that we were having to do the re-jigging production stuff for previous periods to carry stock forward in order to fulfil order :roll: Even tried to work out the hours worked in period 6 by dissecting the absorption cost of the opening stock :oops: Decided to leave alone and go onto section 2. Luckily brain decided to come to its senses with 45mins to go :!:

    I got 784 too, probably depends just on how each of us rounded the figures.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    with regards to the full prodution cost, were the costs direct labour, direct materials, production overheads and the six pound element of overtime hours.

    Also, can anyone remember what they got for unit values for finished stock?
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    sorry to ramble on but as an afterthought, when calculating the 2% wastage, did anyone get a decimal figure. I'm guessing not but would be glad of some encouragement that i didn't totally calculate utter rubbish in every task....
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    I put them as, direct materials, direct labour, and production overheads (oar x labour hours worked). The 805 hours of overtime are part of the production overhead. Can't remember any figures I'm afraid.

    Yes, did get a decimal figure. The instructions did actually say to round to the nearest whole figure, which was the only reason I didn't panic!! Well - after panicking and then finding that instruction. :oops:
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    The production overheads were: Sigma 1365 X ร‚ยฃ10 and Theta: 2940(?) x ร‚ยฃ10 )That's if I've remembered the Theta labour hours correctly). Well, that's what I put anyway. :shock:
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    For material wastage I had a whole number, but for the value of closing stock I had a very long and odd number!!! I am now going to pour myself a large Gin & Tonic!!!
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad

    Yep, they sound familiar :)
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR - wasn't too bad
    RebeccaS wrote:
    For material wastage I had a whole number, but for the value of closing stock I had a very long and odd number!!! I am now going to pour myself a large Gin & Tonic!!!

    Value of closing stock? OMG, now I'm thinking I've missed out a chunk of the answer. Did we have to do a statement that had op.stock value + production value - (closing stock value) etc. etc.???

Categories

Privacy Policy