How was ACCOUNTS PAPER 2 ??

[Wowsome]

I hope this time GT will be something about 69

 

[adeelmushtaq3]

was da ans to q1 a loss or profit?

 

[Abubakr memon]

was da ans to q1 a loss or profit?

what did you get?

 

[Abubakr memon]

The gt should remain low, because the last question was something that needed thorough pondering and the theory over all was a bit tricky too!! i say 68!

 

[Tochukwu Ogbogu]

What paper are we talking about? Paper 2 variant 2??

 

[fahadzaidi96]

BTW THE GRADE THRESHOLD IS GOING TO BE AROUND 72 for sure

 

[m3hdi *n3No*]

it would be ranging from 68 to 73

 

[m3hdi *n3No*]

papers was awesome but leaft a 4 mark qs because of time constraint

 

[Tochukwu Ogbogu]

That's not the point. Are you guys 100% sure that what you did was correct?

 

[Meet savani]

i mean absulutely correct.....

 

[Faadii]

Guyz .! how much marks will u get out of 90 ???

 

[Tochukwu Ogbogu]

Dude why are you soo concerned about marks?? Let's first concentrate on finding out if our answers were correct.

 

[Faadii]

hmm.

 

[Faadii]

Question no.3 (Absorption Costing). is it easy or hard . ? what u say

 

[Tochukwu Ogbogu]

hmm.

for question 1, did you include depreciation on factory buildings under indirect expenses/overheads and did you add manufacturing wages before you found the prime cost??

 

[Tochukwu Ogbogu]

Question no.3 (Absorption Costing). is it easy or hard . ? what u say

it was ok, the explanation part was a bit annoying though

 

[Faadii]

for question 1, did you include depreciation on factory buildings under indirect expenses/overheads and did you add manufacturing wages before you found the prime cost??

yeah , I add it and also included the depreciation of factory building.......

 

[Faadii]

Now waiting for P4 accounts and economics , Both are dangerous <:S

 

[Tochukwu Ogbogu]

yeah , I add it and also included the depreciation of factory building.......

correct, but depreciation of factory building wasn't supposed to be in the manufacturing account under overheads. First of all, it said that all assets must be depreciated using the reducing balance method and we weren't given provision for depreciation of factory buildings. Why did you charge it to the manufacturing account then??? I think they included it to confuse us.

 

[Tochukwu Ogbogu]

Now waiting for P4 accounts and economics , Both are dangerous <:S

hahaha! very dangerous, especially that accounting P4 with purchase of business, investment appraisal and all that retarded shit