How was 9706_s17_qp_22?

[aqibmansoor97]

I think it was easy except last question !

 

[Tozu Fofo]

It was interest paid added with interest of bank loan of 1 months worth I think, but I took a guess cause looked to easy for 17 marks.

 

[Tozu Fofo]

I mean debenture

 

[Vibhuti Verma]

Wasn't the debenture taken on 30th June, the same date of the income statement? Never mind, guess I got that wrong

 

[Tozu Fofo]

I just took a guess, you are probably right, just in the heat of the moment it didn't seem to add upto 17 marks. Took a rash decision

 

[aqibmansoor97]

I couldnt do proposal part as i didnt study for that income statement was easy and isnt finance cost debenture interest + interest paid

The paper was great, except for the part where we had to find out number of units to be produced for proposal A and proposal B. Surprised they included the entries for the income statement, was really unexpected (but great) How much did you get for the finance costs in that question?

 

[hassantomboy]

rate the paper out of 10.....mine was a 5/10

 

[Tozu Fofo]

I used algebra to solve proposals, no other way for it.

 

[hassantomboy]

do you think the threshold will be high or average?

 

[hassantomboy]

I used algebra to solve proposals, no other way for it.

i left the c part...i forgot the formula....we had to use a formula

 

[Tozu Fofo]

It was not a nice round figure for both, they both had differet figures which had to be rounded to nearest Integer if I can remember the formula it was like this (selling price times unit sold) - calculated change in direct material - calculated labour cost per unit (units sold) -variable over heads - commission rate (selling price times unita sold)- New fixed costs after reduction of administrative staff- fixed selling costs= 20000 (Profit) and replace units sold with x and then solve mathematically, hope it helps.

 

[hassantomboy]

It was not a nice round figure for both, they both had differet figures which had to be rounded to nearest Integer if I can remember the formula it was like this (selling price times unit sold) - calculated change in direct material - calculated labour cost per unit (units sold) -variable over heads - commission rate (selling price times unita sold)- New fixed costs after reduction of administrative staff- fixed selling costs= 20000 (Profit) and replace units sold with x and then solve mathematically, hope it helps.

the formula was (fixed +target profit/contribution)

 

[Tozu Fofo]

That seems easier haha

 

[hassantomboy]

That seems easier haha

rate the paper

 

[Tozu Fofo]

7

 

[hassantomboy]

7

hopefully the threshold is low or average

 

[Tozu Fofo]

Hopefully like 53

 

[hassantomboy]

Hopefully like 53

YESS

 

[Vibhuti Verma]

rate the paper out of 10.....mine was a 5/10

7.5 or 8

 

[Vibhuti Verma]

That seems easier haha

I used this formula, but it got too confusing for me since there were so many calculations. But you do get marks for attempting, right?
I think many people had problems with this question, so the grade threshold should be low