PEV 2.2

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
What final answer for this question did everyone have??<BR><BR>I had a new profit figure of £9000 above the original!!! I know I have done it wrong but am interested to know everyone else's figure.<BR><BR>cheers<BR>Siany

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    PEV 2.2

    <br><br><< <i>What final answer for this question did everyone have??<BR><BR>I had a new profit figure of £9000 above the original!!! I know I have done it wrong but am interested to know everyone else's figure.<BR><BR>cheers<BR>Siany</i> >><br><br><BR><BR>Oh and another thing....................have I missed a question??? I can't remember seeing a question relating to backward variances!!!<BR><BR>Oh well.<BR><BR>Back in December!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PEV 2.2

    honestly I don't remember the figure but I think I've got more profit but I'm not sure if it's right or wrong.<BR><BR>good luck
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PEV 2.2

    <BR>I also had £9,000 more. However, in a bizarre moment of madness recommended they didn't go for it. My justification is probably making a marker laugh their socks off right now!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PEV 2.2

    I took the safest route and recommended that they do further investigations into the downward trend of the variable costs to see if this would be ongoing before they make a decision (Well it's not right or wrong)!!<BR><BR>Call me chicken I know. You must have done the same as me, replace the variable costs with the sub-contract costs, less the savings they mentioned, then take off the fixed costs.<BR><BR>Well I'm glad someone got the same figure as me anyway.<BR><BR>GOOD LUCK ALL
  • System
    System Posts: 100,534 🤖 Admin 🤖
    PEV 2.2

    i also got extra 9000 profit, but did not decide to sub-contract. I said the long term future had to be considered. Main reasons were the sub-contractors employing the production staff therefore they could increase prices in the future, also if they went into liquidation we would have no production staff.

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