Im stuck and i wanted to have a look to check my workings on section2
its such an old paper i cant find it on here
Thanks
vicki
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SandyHoodFont Of All KnowledgeRegistered, ModeratorPosts: 2,034
This is: Holden plc section 1 and Smithex section 2
Holden operating statement
..................Operating Statement ........................./............................................................. £
standard cost of actual production.................................... 1,600,000
Variances.................. Adverse.................. Favourable
Mat Usage.................. 12800
Mat Price.................... 11360
Lab Efficiency.............. 23200
Lab Rate.................................................... 6864
F ohd Expend................ 6800
Fohd Capacity.............................................. 8640
F Ohd Efficiency............. 27840 ................................... 82000.................... 15504................. 66496
actual cost of actual production (calc)................................. 1,666,496
cross check actual cost.................................................... 1,666,496
No I havent unfortunately, I do home study so can only get past exams off here or I have 5 in my books.
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SandyHoodFont Of All KnowledgeRegistered, ModeratorPosts: 2,034
Bon Repose (Section 2)
Helene de la Tour asks you to prepare the following performance indicators for the hotel:
a) Gross (or contribution) margin;
b) Net profit (or sales) margin;
c) Return on capital employed
d) Asset turnover;
e) Average age of debtors in months;
f) Average age of creditors in months;
g) The number of months that expenses could be paid from the cash balance;
h) Maximum capacity of the hotel in room-nights;
i) The percentage room-night occupancy rate of the hotel.
SandyHoodFont Of All KnowledgeRegistered, ModeratorPosts: 2,034
Helene de la Tour asks you to prepare the following performance indicators for the hotel:
a) Gross (or contribution) margin;68.75%
b) Net profit (or sales) margin;7.50%
c) Return on capital employed 6.00%
d) Asset turnover;0.8 times
e) Average age of debtors in months;0.75 months
f) Average age of creditors in months;1 month
g) The number of months that expenses could be paid from the cash balance;0.25 months
h) Maximum capacity of the hotel in room-nights;29,200 nights
i) The percentage room-night occupancy rate of the hotel. 60.00%
Comments
Holden operating statement
..................Operating Statement
........................./............................................................. £
standard cost of actual production.................................... 1,600,000
Variances.................. Adverse.................. Favourable
Mat Usage.................. 12800
Mat Price.................... 11360
Lab Efficiency.............. 23200
Lab Rate.................................................... 6864
F ohd Expend................ 6800
Fohd Capacity.............................................. 8640
F Ohd Efficiency............. 27840
................................... 82000.................... 15504................. 66496
actual cost of actual production (calc)................................. 1,666,496
cross check actual cost.................................................... 1,666,496
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Which workings in section 2?
Added value per employee
£5,292,000..... = £37,800
.....140 employees
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do you have that one?
Vicki
Helene de la Tour asks you to prepare the following performance indicators for the hotel:
a) Gross (or contribution) margin;
b) Net profit (or sales) margin;
c) Return on capital employed
d) Asset turnover;
e) Average age of debtors in months;
f) Average age of creditors in months;
g) The number of months that expenses could be paid from the cash balance;
h) Maximum capacity of the hotel in room-nights;
i) The percentage room-night occupancy rate of the hotel.
[email protected]
www.sandyhood.com
a) Gross (or contribution) margin;68.75%
b) Net profit (or sales) margin;7.50%
c) Return on capital employed 6.00%
d) Asset turnover;0.8 times
e) Average age of debtors in months;0.75 months
f) Average age of creditors in months;1 month
g) The number of months that expenses could be paid from the cash balance;0.25 months
h) Maximum capacity of the hotel in room-nights;29,200 nights
i) The percentage room-night occupancy rate of the hotel. 60.00%
[email protected]
www.sandyhood.com
vicki
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www.sandyhood.com
I don't know what you mean by
I've attached a table to give you a framework, rather than do the work for you.
I completed the top row, you can do the rest
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vicki X