PCR Exam Question 1
System
Posts: 100,534 🤖 Admin 🤖
Bad news for anyone using a casio calulator and either of the following methods when calculating the periods new production requirements;
50,000 + 8% = 54347.82 or 50,000 X 100/92 = 54347.82
I have used these methods on all the practice papers and never had a problem, but using them in exam has given me a wrong set of answers. I have tried on all makes of calculator and the answers comes out at 54,000 but not on a casio!!
I have passed my remarks onto the Chief Exams Officer at AAT but to no avail!!
Looks like i'll be getting a big Fail in February!!
50,000 + 8% = 54347.82 or 50,000 X 100/92 = 54347.82
I have used these methods on all the practice papers and never had a problem, but using them in exam has given me a wrong set of answers. I have tried on all makes of calculator and the answers comes out at 54,000 but not on a casio!!
I have passed my remarks onto the Chief Exams Officer at AAT but to no avail!!
Looks like i'll be getting a big Fail in February!!
0
Comments
-
Re:PCR Exam Question 1
Hi there
I used a casio and I got the following
50,000 x 8% = 4000 making £54000.
Not sure how you got your figures.
Lynz
x0 -
Re:PCR Exam Question 1Bad news for anyone using a casio calulator and either of the following methods when calculating the periods new production requirements;
50,000 + 8% = 54347.82 or 50,000 X 100/92 = 54347.82
I think you have made an error with your second method. To increase sales by 8%:
50,000 ×108/100
(or ×1.08, but certainly not 100/92)
This gives 54000.
I can't speak for anyone else, but I have never liked using the % button on any calculator- I'm never sure what it will do- I think its safer to always convert percentages to decimals.
EDIT: As long as you followed through with the 54347.82 figure you'll probably only lose a couple of marks: not enough to fail.0
Categories
- All Categories
- 21.6K AAT student community
- 11.8K AAT student discussion
- 389 AAT unit discussion
- 10.4K AAT member community
- 9.4K AAT member discussion
- 150 AAT bookkeeping community
- AAT practice owner community
- 3.4K For everyone
- 38 AAT news and announcements
- 1.4K Books to buy and sell
- 2.8K Off-topic
- 589 Job postings