ECR Exam

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
So how did everyone find this one?? <BR><BR>I found the number crunching ok but had a sharp intake of breath on the margin of safety bit. Only two months or so to wait to see how I did!<BR><BR>Hope everyone did ok?

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    i found it all too easy too. A bit worrying really.<BR>Only thing i had to think about was the report at the end.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    limiting factor loss-<BR><BR><BR>how was the new total contribution worked out? I went totally dead in the exam. <BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    There's a lot of discussion abot the big numbers - "lots of zeros" etc<BR>Just ignore them. It is unnecessary to be typing zeros at the end of a number into a calculator. <BR>If the number is 1,500,000 just type in 15 or 1.5 then put the zeros on your answer.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    limiting factor loss of 450k
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    What did you calculate the payback period to be
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    <br><br><< <i>Any clues on what to expect in FRA?</i> >><br><br><BR><BR>look at my post
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    Any clues on what to expect in FRA?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    did everyone look at my help guide, i did, thank god for doing that, most of that stuff came up
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    I thought the exam was OK - a few wierd questions and yes far to many flippin zeros<BR><BR>I got a loss for the limiting factors as well. The bits I found a bit confussing was the under recovered, which I assumed to be under absorbed.<BR>Also I know I stuffed up on the report as I didn't have a clue about the two commercial reasons.<BR><BR>I think that I calculated MOS OK by the formula but got a different answer to mosr people in my exam so am noe in two minds about that we well<BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    petrol monkey - whats this limiting factor, was for part 2?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    well i found section 2 easier than section 1. my biggest mistake i forgot revise absorbtion & marginal costing - oops. And the discussions on section 1 i found diffcult to do, just couldny do them. number crunching is what i'm good at. <BR>I did the best i could do!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    Yeah the limiting factor was something like (450,000). Thats a bit more reassuring. I always get concerned when you finish quite early.<BR><BR>Didn't find it too bad overall. i hate memos you end up doing a lot of waffle.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    oh no.. i got a loss
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    i stuffed up on my margin of safety percentage. i'm so annoyed i changed it from the right answer to a wrong one.<BR>stupid stupid exam
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    One is to do with the evolvement of equipment/machinery and the other was trend. Thats what I put anyway.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    I know it probably sounds really silly to most people but I found the big numbers a bit overwhelming too. I had to really think about where the decimal place should be. Some of the calculations are confusing enough without bringing big numbers into it.<BR><BR>Overall though I thought the paper was okay. I wasn't sure exactly what was required in the explanation for the percentage margin of safety so I waffled on a bit there. Also, I couldn't think of a second commercial reason in the last part of the report. Other than that, I don't think I screwed up with the other questions. <BR><BR>Did everyone get a loss on the limiting factors calculation? I do hope so.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    Hi,<BR><BR>I also agree the numbers were 2 big, i messed up on loads of stuff, will be very surprised if i have passed.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    <br><br><< <i>I know ive failed. I completely messed up a couple of questions. The number crunching ones that is. Too many zeros for my liking!!</i> >><br><br><BR><BR>lol<BR><BR>I bought an 83p calculator from Asda on the way, another 0 and the number wouldn't have been able to fit on the screen! <img src="i/expressions/face-icon-small-tongue.gif" border="0">
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    I know ive failed. I completely messed up a couple of questions. The number crunching ones that is. Too many zeros for my liking!!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    The first 3 tasks (stock card, jnl entries, apportioning) were a doddle, as was the payback. The OAR was ok, other stuff I agree was a little number crunching, but hopefully I did good enough to pass!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    ECR Exam

    You worked out how many units you could produce using the limited 3,500,000 hourcs of machine time. Which I think was about 500,000 units of each product. Then the contribution per unit cost was from the previous task and just times the two.

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