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does anyone have the answers for 2001 PEV paper??

gingervickigingervicki Feels At HomeRegistered Posts: 87
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

Comments

  • SandyHoodSandyHood Font Of All Knowledge Registered, Moderator Posts: 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
    Sandy
    [email protected]
    www.sandyhood.com
  • SandyHoodSandyHood Font Of All Knowledge Registered, Moderator Posts: 2,034
    Smithex

    Which workings in section 2?

    Added value per employee
    £5,292,000..... = £37,800
    .....140 employees
    Sandy
    [email protected]
    www.sandyhood.com
  • dobbieobbydobbieobby Well-Known Registered Posts: 231
    Where do you get these really old exams from please? I need as much practice as I can get!!
  • gingervickigingervicki Feels At Home Registered Posts: 87
    The paper was given to me by my tutor - its not the one you say though Sandy, its Bon Repose hotel

    do you have that one?

    Vicki
  • dobbieobbydobbieobby Well-Known Registered Posts: 231
    No I havent unfortunately, I do home study so can only get past exams off here or I have 5 in my books.
  • SandyHoodSandyHood Font Of All Knowledge Registered, Moderator Posts: 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.
    Sandy
    [email protected]
    www.sandyhood.com
  • SandyHoodSandyHood Font Of All Knowledge Registered, Moderator Posts: 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%
    Sandy
    [email protected]
    www.sandyhood.com
  • gingervickigingervicki Feels At Home Registered Posts: 87
    brill thanks thats the one, where can i get the details from??

    vicki
  • SandyHoodSandyHood Font Of All Knowledge Registered, Moderator Posts: 2,034
    Do you mean the formulae and calculations?
    Sandy
    [email protected]
    www.sandyhood.com
  • SandyHoodSandyHood Font Of All Knowledge Registered, Moderator Posts: 2,034
    gingervicki
    I don't know what you mean by
    where can i get the details from??]

    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
    Sandy
    [email protected]
    www.sandyhood.com
  • gingervickigingervicki Feels At Home Registered Posts: 87
    ah you are good, thanks heaps, u have been vvvvvvv helpful

    vicki X
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