Hi Tutor MJ Thank you for giving me feedback so promptly. I note your comments around adding more details to my answers, but my problem seems to be time constraints. I was a bit shocked at how much "unethical issues" were involved in each question. Everything and everyone on the scenario seemed suspiciously wrong! Or … Continue reading Ethics Everywhere – Is It Possible?
Category: OCS
Will Typos Earn Me Negative Marks?
Hello Tutor MJ, I just came back from my first attempt with the Gateway Case Study Exam. I have to say that I am not particularly confident about this exam. Only now do I fully understand why they call this exam a "race versus time". 45 minutes for each task are flying so fast that in … Continue reading Will Typos Earn Me Negative Marks?
Variance Analysis – Part 5
I debated about writing this post. I had thought that maybe 4 parts discussing the different variances and their analyses were long enough. But then, I had a change of heart. Somehow 5 parts seem to be a rounder figure to end off a series. MJ the tutor presents her 5-part "Variance Analysis" series...ta-da! It … Continue reading Variance Analysis – Part 5
Variance Analysis – Part 4
If you've been following the "variance analysis" series, then you've already learnt how to calculate the following: Sales variances and direct material variances Labour variances Overheads variances So far, all the calculations we've been doing show us variances between actual and budget. These are known as operational variances. For today, we shall try our hand … Continue reading Variance Analysis – Part 4
Variance Analysis – Part 3
Now that we've dealt with the direct material and direct labour parts of production, what about looking at overheads? Of course, we have variance calculations for overheads as well. We even split it up between fixed and variable overheads. Let's now make it more challenging and do both fixed and variable overheads in the same … Continue reading Variance Analysis – Part 3
MJ THE TUTOR 