PCR todays exam

System
System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
edited June 18 in AAT student discussion
Thought that was quite a nice paper. Anyone else?
ยซ1345

Comments

  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Not too bad, the second memo question I just waffled.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    I know I hate the memo questions. Think I'll have done OK though hopefully. I was really worried going in that it would be like Mondays.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    not too bad, had a mental block in part one though, was horrible and I think I have flunked that one because of it, just couldn't get my head to relate the question to what I had to do. Felt sick.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    thought again though it weren't worded very well. When it said for the four periods, for all we know they could have meant 2-5 not 1-4
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    A friend said that we weren't asked to prepare a flexed budget statement after calculating the budgeted prices in 2.1. Did we or didn't we have to?
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Am I the only one that thought that was a nightmare???

    Did everyone else get numbers in the first bit that were not really rounded at all? (For the production budget etc)
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    On closing stock for period 4 and all wastages I did.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Yes thats what I got but it made the totals something like 70103 etc. Its worrying as I haven't come across a practice exam that didn't have rounded numbers eg 70100. Maybe I'm just being paranoid!!!
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Paranoid sounds right lol

    So did anyone read whether or not we had to prepare a flexed budget statement. If so what did everyone get?
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Yes it definitely said to prepare one. I got 10A for the total variance (operating profit). Thought that part was dodgy too!
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    10(A) seems to be the right answer.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Most of my figures on part 1 were odd numbers, which really through me. Usually the production figures after faulty goods work out a whole rounded numbers.

    Also did anyone else find that all the labour hours required overtime to be added on?

  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    yes i got that figure 70103 for period 1.task 1.2 was horrible
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Well I feel a bit better then. I thought 1.2 was horrible. I changed it to be 60000 units produced each period but then I looked back read the question again and started to doubt it!
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    I liked 1.2, (i think) lol. I wrote my answer all out if anyone wouldn't mind checking see what they thought??? Can't post it on here as it's before 2.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Task 1.2 i though was a nightmare, didn't understand it at all!!!

    What did you guys do?
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    I found it quite tough...didnt revise enough cos i spent all my energy on PEV.

    On the 2nd section for the calculating the actual production variable costs were we supposed the deduct the fixed costs worked out from the budget price or not?
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    What a relief, after Monday I was really worried, becuase I had thought that PCR was the harder exam! :lol:
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    yeh ntinsety that's what I did took the actual figure, took off the fixed costs from the budgeted and then divide by 60000
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    I thought it was very difficult, having looked at old papers this was based on high low.. which our lecturer said would never happen in an exam...
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    I thought it was very difficult, having looked at old papers this was based on high low.. which our lecturer said would never happen in an exam...
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    I thought compared to Mondays it was lovely.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Thought it was OK. They could have worded section 1 better though, in particular on stocks. There was no reference at all to whether raw materials should be kept in stock or not, still I guess if it doesn't say it you just don't do it!

  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam
    ***Kay*** wrote:
    I thought compared to Mondays it was lovely.

    Shoot i only divided the actual without deducting the fixed costs as I never done it that way before.

    I personally found the PEV easy and the PCR hard...
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Hi,
    I feel horrible... I think that PEV and PCR were horrible..... Comparing this two papers with the "average" you can expect there are a bad joke..
    :evil: :twisted: :oops:
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Yeah thats what I did too. I hope its right, I had a nightmare with section 1 couldn't decide which 4 periods to use. I thought section 2 was easier and I had revised high low method as our tutor advised us it might come up. I think it will be a retake in June :(:(
    Michelle
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    Hello

    Core tasks were quite similar to previous exams but I thought the memo questions were harder than usual. I spent ages thinking about how to tackle Task 1.2 - I reckon it was a bit vague and there'll be loads of different answers given.

    ...anyway, PCR tomorrow so I'm off to do some past papers.

    Good luck everyone.
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    I thought the whole paper was the worst I have ever seen for PCR! Was it just me, or was it impossible to choose which period to concentrate on after limiting factors?
    As for which four periods, I thought that was quite obvious as you can't calculate the closing stock for period 5 with the sales units (Oh yeah, having to work out the sales units annoyed me, haven't had to do that before).
    Made up a load of waffle, hated 2.2, but mentioned leading market indicators as a control and keeping stocks to create contribution as another. Anyone else?
  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    I thought it was pretty horrible as well.

    I'm always looking for nice round numbers and when they don't come up I panic! Section 1.2 with the material constraint completely threw me, I'm sure I have it wrong. I rescheduled some of the production, but there were units that still couldn't be made. I worked out the gross production you could make based on the materials available, deducted the wastage of 3% to come to the good production. The closing stock went pretty much out the window, all I could do was show the surplus good production that you could carry forward to the next period. I had lost the will to live by that point anyway. My memo to the board of directors really was a load of waffle.

    Section 2 was ok by me. Again, I waffled for the memo part. Had no idea as to the economic constraints so I chattered on for a bit, then my pen ran out so I took it as a sign it was time to call it a day!!!! :lol:

  • System
    System Posts: 100,534 ๐Ÿค– Admin ๐Ÿค–
    Re:PCR todays exam

    I got stuck on material availbility. I know we could only produce 60000 per month, which meant more in Period 3 and 4, but less in 1 and 4. I couldn't understand what I need to do for faulty stock. Can anyone explain? :?:

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