iainiow wrote: »
how do people remember exact figures from the exam yesterday :laugh: i can remember walking in, doing the paper and walking out - 24 hours later i remember nothing of what i wrote down lol!!!!!!!!!!:thumbup:
Chezza wrote: »
Never wrote on here before but here goes....
I thought the exam was a lot easier than i expected and cam out feeling really positive.
After reading through what everybody has wrote i'm not feeling so confident now :-s
The part with Y= 9 + 0.1 x
Nov x = 29
Dec x = 30
We were told that Y for November was 12.00. However as November worked out at 11.90 and December worked out at 12.00 i figured that the cost of glass for each month should be what ever the following moth worked out at?
November worked out at 11.90 actually cost 12.00 (Dec)
December worked out at 12.00 ctually cost 12.10 (Jan)
January worked out at 12.10 actually cost 12.20 (Feb)
February worked out at 12.20 actually cost 12.30 (March)
March worked out at 12.30 so is the total for Feb??
Did anybody else do it this way?
Hunnie wrote: »
Did anybody get the following?
Material price variance (glass) £21000A
Material usage variance £0
Labour rate variance £0
Labour efficiency variance £1400F
FOH expenditure variance £1000A
FOH efficiency variance £6000F
How did you explain the £0 variances?
belleire wrote: »
I studied so hard for PEV as it's my final exam thought I would be skipping out of the exam yesterday but NO the last question 2.3 left me feeling very unsure as to whether I could have passed or not!
Can someone please put me out of my misery I multiplied the maintenance costs by each year of the figures given 0.9 and the rest can't remember what they were to give me a lower figure than I started with added all them together with the cost of the machinery and minused the sale proceeds amount?
Basically can some one answer whether the discounted amount is added or taken away from the total? Does it make the value greater or less? Confused.com:huh:
Corado wrote: »
I did it that way surely it is their mistake so they should mark both ways right. I have e-mailed to find out.
King of the Mountains wrote: »
I completely agree, however GURU I complete VAT Returns on a regular basis and have done for the past 10 years but unfortunately I don't do discounted lifecycle costing. Now I've had time to think about the question it is a relativley simple calculation that we are probably all more than capable of.
lork wrote: »
Whilst I completely agree that we should be able to deal with previous material, surely this is the whole point of doing 'modular' exams, ie, learn a subject, sit an exam. I'm sure if students expected to be tested on absolutely anything learned over the past three years, we would all revise everything we've ever learned, rather than concentrate solely on the current unit. I still think it was unfair to throw it in at the end but I believe the same thing happened in June with gearing and interest cover ratios.
Tracie wrote: »
I think there was a mistake on the paper. I worked them out as Jan 12.10 anf feb 12.20but covered myself by saying that they could both be £12.00 if they were rounded to the nearest pound as seemed to be the case with the November results which were 11.90 and had been rounded to £12.00!!??
Guru wrote: »
I agree with you that to open up the entire 3 year syllabus would put a great deal of strain on us - maybe that's why it's just one question being lobbed in here and there!
Having said that, maybe there should be a final exam - which could have some of anything in it. Obviously it would have a lower pass mark than the modular ones, but it would enable students to demonstrate to the AAT that they are fully rounded Accounting Technicians worthy of having those letters after their name....
Not a popular idea, that one, I imagine...!
Lizy wrote: »
What is the point of aat sending students Monthly magazine ? If an intended new topic are not highligted in the magazine to prepare students ahead. I read every Month magazines, now I feel there is no point in contining the custom.
It is not fair on some of the students who have completed intermediate level a year or two years ago to remember one of the topic studied under exams conditions. I put in a lots of effort to read PEV from page to page of the text books, study pack and past question papers. Section one is more like it. Sure to get all the answers right. It will be very sad to score all marks in section 1 then score low marks in section 2 because of question 2.2 and 2.3 to fail the whole subject again.
Andrewh26 wrote: »
I did many things in this exam quite ok i think! but i missed out the lifecycle question, 2.2a was it? I just did a table with the 5 years and a few figures, but didn't calculate anything, cos I wasn't sure how. I did b and c. Does anyone know if this will automatically fail me? I did the first part of Section 2 well I believe.
Staffz wrote: »
Our tutor looked and said definite mistake, as should have said December. Her opinion is that it will have to be marked a few ways, and will make appeals easier, as similar mistake two years ago resulted in many re-issues of results in March going from Fail to Pass.