Login

Welcome, Guest. Please login or register.

April 27, 2024, 05:30:51 pm

Author Topic: VCAA Unit 4 2012 Sample Answers  (Read 19773 times)  Share 

0 Members and 1 Guest are viewing this topic.

abcdqdxD

  • Part of the furniture
  • *****
  • Posts: 1305
  • Respect: +57
Re: VCAA 2012 Sample Answers
« Reply #30 on: November 10, 2012, 04:08:11 pm »
0
Fixed missing solution to 7e :)

BoredSatan

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1206
  • <3
  • Respect: +72
  • School: GWSC
  • School Grad Year: 2011
Re: VCAA 2012 Sample Answers
« Reply #31 on: November 10, 2012, 04:24:27 pm »
0
OK so which questions need fixing since im bored and available ;)
Master of Dentistry, Latrobe University 2011 ATAR: 99.75
ATARnotes Accounting Unit 3&4 Study Guide Author

abcdqdxD

  • Part of the furniture
  • *****
  • Posts: 1305
  • Respect: +57
Re: VCAA 2012 Sample Answers
« Reply #32 on: November 10, 2012, 04:26:20 pm »
0
Question 8d apparently. Can you proofread my responses to question 7e and the "alternative responses" :)

BoredSatan

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1206
  • <3
  • Respect: +72
  • School: GWSC
  • School Grad Year: 2011
Re: VCAA 2012 Sample Answers
« Reply #33 on: November 10, 2012, 04:50:45 pm »
0
Question 8d apparently. Can you proofread my responses to question 7e and the "alternative responses" :)
8d I got 18225 for Reducing balance method
Master of Dentistry, Latrobe University 2011 ATAR: 99.75
ATARnotes Accounting Unit 3&4 Study Guide Author

abcdqdxD

  • Part of the furniture
  • *****
  • Posts: 1305
  • Respect: +57
Re: VCAA 2012 Sample Answers
« Reply #34 on: November 10, 2012, 04:52:38 pm »
0
Ok I'll try doing it and see what I get :P

abcdqd

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 310
  • Respect: +61
Re: VCAA 2012 Sample Answers
« Reply #35 on: November 10, 2012, 04:52:50 pm »
0
8d I got 18225 for Reducing balance method
its just for the year ending 2013, not 2012 and 2013
« Last Edit: November 10, 2012, 04:55:40 pm by abcdqd »
2012-2013: VCE, Melbourne High School

2014-2016: Bachelor of Commerce, Actuarial Studies, University of Melbourne

abcdqdxD

  • Part of the furniture
  • *****
  • Posts: 1305
  • Respect: +57
Re: VCAA 2012 Sample Answers
« Reply #36 on: November 10, 2012, 04:55:07 pm »
0
Wait, 8d is asking to explain how it would affect net profit. What do you mean by 18225?

BoredSatan

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1206
  • <3
  • Respect: +72
  • School: GWSC
  • School Grad Year: 2011
Re: VCAA 2012 Sample Answers
« Reply #37 on: November 10, 2012, 05:00:57 pm »
0
Wait, 8d is asking to explain how it would affect net profit. What do you mean by 18225?
sorry misread the question..

This time I get 11475
Master of Dentistry, Latrobe University 2011 ATAR: 99.75
ATARnotes Accounting Unit 3&4 Study Guide Author

abcdqdxD

  • Part of the furniture
  • *****
  • Posts: 1305
  • Respect: +57
Re: VCAA 2012 Sample Answers
« Reply #38 on: November 10, 2012, 05:06:14 pm »
0
I got 9450 for RB and 7400 for straight line o.O

BoredSatan

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1206
  • <3
  • Respect: +72
  • School: GWSC
  • School Grad Year: 2011
Re: VCAA 2012 Sample Answers
« Reply #39 on: November 10, 2012, 05:09:32 pm »
0
I got 9450 for RB and 7400 for straight line o.O
45000*0.3/2 + 31500*0.3/2=11475
Master of Dentistry, Latrobe University 2011 ATAR: 99.75
ATARnotes Accounting Unit 3&4 Study Guide Author

abcdqdxD

  • Part of the furniture
  • *****
  • Posts: 1305
  • Respect: +57
Re: VCAA 2012 Sample Answers
« Reply #40 on: November 10, 2012, 05:10:29 pm »
0
Why is it /2?

BoredSatan

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1206
  • <3
  • Respect: +72
  • School: GWSC
  • School Grad Year: 2011
Re: VCAA 2012 Sample Answers
« Reply #41 on: November 10, 2012, 05:12:34 pm »
0
From June to December is only half of the year that we are calculating using that carrying value..

Same goes for from January to June
Master of Dentistry, Latrobe University 2011 ATAR: 99.75
ATARnotes Accounting Unit 3&4 Study Guide Author

abcdqdxD

  • Part of the furniture
  • *****
  • Posts: 1305
  • Respect: +57
Re: VCAA 2012 Sample Answers
« Reply #42 on: November 10, 2012, 05:12:57 pm »
0
Sorry misread the question :P Thought it meant year ended Dec 31 2013

Got 11475 :)
« Last Edit: November 10, 2012, 05:16:20 pm by liverpoolxD »

BoredSatan

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1206
  • <3
  • Respect: +72
  • School: GWSC
  • School Grad Year: 2011
Re: VCAA 2012 Sample Answers
« Reply #43 on: November 10, 2012, 05:35:48 pm »
0
The alternatives will never be accepted as answers because in VCE we never deal with cents. Therefore it is 100% recorded as a period cost
Master of Dentistry, Latrobe University 2011 ATAR: 99.75
ATARnotes Accounting Unit 3&4 Study Guide Author

abcdqdxD

  • Part of the furniture
  • *****
  • Posts: 1305
  • Respect: +57
Re: VCAA 2012 Sample Answers
« Reply #44 on: November 10, 2012, 05:40:07 pm »
0
I've asked Neville Box about it so I've confirmed it. It is accepted.