ecr june 2009 exam

ecr june 2009 exam

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how hard was that exam?Much harder than any of the mock tests that iv done?

did anyone get these anwsers?

-final stock balance using FIFO 4864 pounds

-Under absorbed by 22,000

-Profit from cans sales 500,000 pounds

-process costing (all i can remember) cost per tonne 190.62

-Breakeven point 625,000

-NPV 39.72

-Payback (looks like iv definately got this wrong) 2 years and 11 months?

thats all i can remember for now


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Hi Chris
I cant remeber my final stock balance, but i did definately put FIFO as the stock control method.
I also got an underabsorption, cant remember how much that was either though!
I got the same profit as you for the cans :thumbup:
Yep, Process costing, i put £190 per tonne, as they wanted it to the nearest £ :thumbup1:
I think i also got the same break even point :001_smile:
NPV i got 42.something percent :001_unsure:
& payback i got 2 years and 1.5 months

Hope this helped,
Was really usefull seeing what you had put also.
Jodie