Anyone else still worried about that 'batch' q in ECR

hi Guys
I divided the Prime cost by batch
I hope it was a mistake on the exam paper and they mark either way as correct
this Q is still going around my head lol...I will be extremely peeved if I fail on this :ohmy:
I divided the Prime cost by batch
I hope it was a mistake on the exam paper and they mark either way as correct
this Q is still going around my head lol...I will be extremely peeved if I fail on this :ohmy:
0
Comments
This is Sandy Hoods answers
:ohmy:
1.6 a Prime Cost per batch £….
Direct materials 14,870.00
Direct Labour 42,206.00
57,076.00
b Variable (marginal) cost
Prime cost 57,076.00
Variable overheads 48064/15020 3.20
57,079.20
c Full absorption cost
Variable (marginal) cost 57,079.20
Fixed overheads 75100/15020 5.00
57,084.20
yeah I divided the £57,076.00 (prime cost) by the number of batches to get 3.8
But if you answered the question as it was written, then yes, the answers are the 57076/57079.2/57084.2 -- but I left a side note saying I thought it was unrealistic and used 3.8/7/12
andrea:001_smile:
As I understand it, someone at another exam venue brought this to the invigilators attention, they then got in touch with AAT who confirmed the wording was wrong, but as they were then aware at this particular venue of the error then those students were expected to get the correct answer.
HOWEVER, I still believe they will have to mark either answer as correct:thumbup:
*Ive got the 1st half of the stock record card wrong (last bit ok!)
*the MOS written question wrong!! Grr. Hoping this isnt too many marks.
*One Line of the apportionemnt/allocation task wrong...
=( Is this a fail??? Hoping the top two arent worth too many figures, all my figures for those questions were ok, just rubbish at the "written" side of things!?
x
I hate the feeling of not knowing though :ohmy:
I will be chewing my fingers off waiting for that email on the 19th!
because if the direct labour per can was 42K how the hell are they going to make a profit ?
I think the 'per batch' against materials/labour was definitely a typo! I mean think about it, if the prime cost was £57,076.00 PER BATCH, and they produced 15,020 batches a month, the total direct material/labour cost would be £857,281,520.00 ie £857 MILLION A MONTH. :thumbdown:
Therefore logically the correct answers should be £3.80 / £7.00 / £12.00, however I'm sure that as it's their mistake on the paper they should accept either answer as correct. :thumbup:
I reported this to the exam invigilators who in turn reported it to our exams office, so hopefully it will get fed back to AAT...
Willboss
I got the same answers as you, if AAT made a typo on the exam I think this is unacceptable !
Do they not test the exam out on a cross section of people within the AAT and take feed back from them and make necessary changes ?
I think if both sets of answers should be marked as a pass !
Just my thoughts any way
Felton:thumbdown:
This isn't the first time that I've noticed a misleading question; some of the written questions in the skills tests and past papers I went through have grammar or wording that contradicts the meaning that they were trying to get across.
As regards this specific question, I read several of the Chief Assessor's reports for past papers, which repeatedly stated that students should use common sense to check their figures and tell whether they should be possible. As Wilboss stated, £857,281,520.00 per month is a completely nonsensical figure given the context of the question, and if you were provided with these numbers in a workplace environment, you would assume that they were incorrect and investigate why they were so ridiculously large.
If anyone fails because of this question, they should kick up a real storm about it.
i just answered the question as i read it and it already stated per batch next to the numbers.
I tried not to think to much and just do it because things are often easier than u can make them out to be.
I think if you noticed that it was per batch already but said that it seems to high and u were doing it to get a more realistic answer then should be fine.:cool2:
i agree its unbeleivable how many mistakes that make it onto the exam papers.
the simulation i did for ECR had silly grammatical errors on it notably it kept refering to the 'cheif account' the 'cheif account is away this week so could you explain.......' they meant cheif accountant but kept saying account.
They must have monkeys doing these papers lol
What have i told you about thinking!! it can get you into a lot of trouble!! so dont do it!
It's such a pain, we should be able to answer the questions without worrying if we have read them right!:mad2:
Hi people
Received this from AAT as a response to an email asking about this question.
Hope it makes everyone feel a bit happier now as they'll mark both ways as correct.
Ps. I've had to copy it into work because this attachment thing won't except outlook format!!
Enjoy!
[email protected]
I spent more time on this question than some of the harder calculations and came out with a variety of answers which i crossed through over and over again. I was relieved to see so many others were confused by the wording.
In my opinion the whole question and answer should be disregarded from the exam and should not me marked at all. This would then be a fairer percentage of the overall paper for everyone.
I wonder when it'll be released