hunter
12-12-07, 20:43
I have looked at the answers supplied kindly by Sandy and the examination paper for the Dec PEV paper.
Has any one else noticed that the price for the bags for the tea doesn't match up? Task 1.2 standard cost card.
On the exam paper it states that the tea bags are 0.6 pence per bag, Sandy has answered the question stating: 1000 @ £0.0060 = £6.00.
I am also convinced that the paper I had on the day said that the tea bags were 0.060 which I worked out to be 1000@ 0.060 = £60.00.
So my cost card read:
Direct Materials (loose tea) 3kgs @ £5.00 = £15.00
Direct Materials (bags for the tea) 1000 @ £0.060 = £60.00
Direct Labour 0.2 hrs @ £10.00 = £ 2.00
Fixed production overheads 0.2 hrs @ £50.00 = £10.00
TOTAL £87.00
Am I going mad?!! Can anyone shed any light on this please?:001_unsure:
Has any one else noticed that the price for the bags for the tea doesn't match up? Task 1.2 standard cost card.
On the exam paper it states that the tea bags are 0.6 pence per bag, Sandy has answered the question stating: 1000 @ £0.0060 = £6.00.
I am also convinced that the paper I had on the day said that the tea bags were 0.060 which I worked out to be 1000@ 0.060 = £60.00.
So my cost card read:
Direct Materials (loose tea) 3kgs @ £5.00 = £15.00
Direct Materials (bags for the tea) 1000 @ £0.060 = £60.00
Direct Labour 0.2 hrs @ £10.00 = £ 2.00
Fixed production overheads 0.2 hrs @ £50.00 = £10.00
TOTAL £87.00
Am I going mad?!! Can anyone shed any light on this please?:001_unsure: