End of year exam thoughts 2009

[studyKING2]

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ok thanks for replies guys
nice to hear that i got some parts correct

[djmickz]

i did what jack said as cost of sales would have been recorded twice as in sales journal you record cost of sales in the column. all i dont understand were the netball posters cause according to NRV i dont see how the posters can be added to the cost price if they are in themselves a seperate item simply being sold as a combo. i thought it was a trick and irrelevant to the cost price.

and yes that exam was badly structured as some areas had too many lines and some not enough. oh wells. it was the best 50min of my exam life :P. had time to redo the entire exam twice with all calculations

[cassieagill]

Originally Posted by djmickz

i did what jack said as cost of sales would have been recorded twice as in sales journal you record cost of sales in the column. all i dont understand were the netball posters cause according to NRV i dont see how the posters can be added to the cost price if they are in themselves a seperate item simply being sold as a combo. i thought it was a trick and irrelevant to the cost price.

and yes that exam was badly structured as some areas had too many lines and some not enough. oh wells. it was the best 50min of my exam life :P. had time to redo the entire exam twice with all calculations

yea i just ignored the posters too, thinking they were a seperate item :S i wasn't really sure tho... oh and i'm pissed off because the of the sales return thing, i'm pretty sure i had it exactly right but i there weren't enough lines so i rubbed something off, got confused, then i skipped it thinking i'd come back to it then ran out of time! grrr ahhh well

[elmo rox!! :D]

the posters arent added to the cost they are taken away from the expected selling price, as they are a cost incurred in the selling marketing or distribution.
but i guess it could go either way ... but the business is still incurring the cost at some point

[victorp]

hey,

how'd you guys get 1000 for the variance?
since the new contract started at the end of august, that would mean that they would be off by $200 for sept, oct, nov, dec = $800?

[elmo rox!! :D]

Originally Posted by victorp

hey,

how'd you guys get 1000 for the variance?
since the new contract started at the end of august, that would mean that they would be off by $200 for sept, oct, nov, dec = $800?

didnt it say as at aug 1st

[victorp]

Umm, don't have the question, But i believe they got the contract at the start of the month, but the last payment was aug 31st, so it actually begun sept. 1
yes? no?

[elmo rox!! :D]

nah it says that he negotiated a new contract agreement and it will begin with the first payment due on the 31st of August

[victorp]

ah ok, thanks.

have you got the question book, or is that memory?

[elmo rox!! :D]

i have the question book

[scarecrow92]

hey just wanted to get an idea of study scores

hypothetically, what would this get:

midyear exam: 85/90
end of year: 87/90
sacs: 1st?

thx, hypothetical ofcourse!

[ihatemethods]

Originally Posted by scarecrow92

hey just wanted to get an idea of study scores

hypothetically, what would this get:

midyear exam: 85/90
end of year: 87/90
sacs: 1st?

thx, hypothetical ofcourse!

wow dats awesome man. keep it up.... im not going to bullcrap nd tell you roughly what you should get, but i think your capable of getting a 49? definitely over 45 man. i think you need like almost full marks for a 50 lol but i dnt know.. im just assuming

anyway can someone predict my study score for accounting?

unit 3 sacs: 92/100
unit 4 sacs: 87/100

midyear exam: 74/90
end of year: high A or low A plus

thanks

[tungieslam]

Hey how did you guys find out the actual scores for the mid year, i only got a grade...

[Chocolate05]

hey tungieslam go on this link:

http://www.vcaa.vic.edu.au/vce/stati...ting-ga109.pdf

if you need help interpreting your grade distinction feel free to PM

[djmickz]

Originally Posted by ihatemethods

wow dats awesome man. keep it up.... im not going to bullcrap nd tell you roughly what you should get, but i think your capable of getting a 49? definitely over 45 man. i think you need like almost full marks for a 50 lol but i dnt know.. im just assuming

anyway can someone predict my study score for accounting?

unit 3 sacs: 92/100
unit 4 sacs: 87/100

midyear exam: 74/90
end of year: high A or low A plus

thanks

@ scarecrow ~ 48-49
@ ihate methods~ 42-45