Formulas

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hi<BR><BR>Please can someone tell me if I should be learning any more formulas for ECR Exam on 29 Nov?<BR><BR>Break even volume, sales revenue<BR>Volume Porfit Ratio<BR>Target Porfit<BR>Margin of Safety<BR>High - Low<BR><BR>would be great to hear from anyone who thinks I have missed any!<BR><BR>Rocky

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Formulas

    Hi Rocky, I done this exam in June and I found exam paper 3 in the workbook brill. It sounds like you have covered everything, we just kept being told you need to know the break even point & aborption rates. Just going through my notes you will need to know FIFO, LIFO & AVCO for the stock cards. Just relax and don't panic and you will be fine.<BR>Hope this helps.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Formulas

    Hiya<BR><BR>We were told today that the exam is going to be a similar layout to the June 2004 exam.<BR> <BR>As far as I can tell the things that keep cropping up are filling in a stock card, absorption rates, working out wages, limiting factors, and analysing a project using payback period and net present value. <BR><BR>I'm not saying these are the only things, but they seem to keep cropping up in the practice exams we have been doing.<BR><BR>Hope your study goes well,<BR><BR>Liz<BR><BR>email: sprouts4t@yahoo.co.uk

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