2015/16 IMML PAL University of Bath

26/04/2016

Hi guys,

here is the link to the question and answer from today's final workshop on ABC costing. We really hope you enjoyed the sessions this semester and have found them useful.

We would also like to encourage you to sign up as a PAL leader for next year, as you can gain valuable skills which will come in handy during applications for placements.

Good luck for the exam!

Workshop 8 - ABC Question Petunia Ltd manufactures 3 products. Production workers are paid £10 per hour and overheads are absorbed on a direct labour hours basis. The table below provides production data on the 3 products. Product Labour hours Machine...

26/04/2016

Here is the question and answer from workshop 8 on Ratio Analysis.

Workshop 8 - Ratio Question Finsbury Food Group plc is involved in the manufacture and distribution of cakes and bread. The group also offers a low fat cake range, gluten free breads and organic breads. Finsbury operates in the UK and Australia. It is headquartered in Cardiff and employs around 2...

12/04/2016

Hey everyone,

We hope your test last week wasn't too bad. Here is the link to the question and answer from the session today. Next week's session will be on Ratio Analysis.

See you then :)

Summer 2015 Exam Paper – Question 2 Pecan Ltd has a year end of 30 April 2015. Below is an extract from Pecan's balance sheet as at 30 April 2014. Cost Acc. Deprn NBV £ £ £ Motor vehicles 282,000 106,000 176,000 Office equip...

15/03/2016

Below is the answer for the question covered in the workshop on the 15th March. The question is on preparing an income statement and balance sheet.

Question 2 Grafton Limited’s trial balance for the year to 30 April 2015 is shown below: £’000 £’000 Bank overdraft 20 Bank interest paid 4 Trade payables 80 Trade receivables 143 Buildings at cost 800 Accumulated depreciation -...

14/03/2016

Hey guys,

The session tomorrow (1:15 in CB 4.8) will cover a practice question for your in-class test after Easter. To aid with this we have made you another guide. Please bring your laptops, or use your phones, so that you can view this in the session tomorrow.

See you there :)

Adjustments Cost of Sales (goes to Income Statement) £’000 Opening Inventories (Per TB) X Purchases (Per TB) X Closing Inventories (Adjustment) -X Cost of Sales X Depreciation (goes to Expenses and Balance Sheet) These adjustments vary, however they norma...

14/03/2016

Here is the link to the depreciation guide from the fourth workshop

1 Look at depreciation policy of the company 2 Start with one type of asset e.g. motor vehicles and complete all depreciation before moving on to the next 3 For a transaction Dispo...

16/02/2016

Don't forget that the first workshop for MN10331 will be today from 13:15-14:05 in CB 4.8.

We hope to see you there :)

13/02/2016

Hey everyone,

Thank you to those of you who came to the session on Thursday. We are changing the day of the session to Tuesday's as explained in the post below, we hope this time is more convenient for you as well as us.

We will be running the first session on Tuesday 16th February and hope to see you there.

13/02/2016

This semester we will continue to run PAL sessions for first year IMML students. These sessions will cover the module MN10331 Accounting for Managers and will be on Tuesday's from 13:15 to 14:05. We have yet to confirm the room and will let you know when we have.

We will also be joined by another PAL leader, Suzie Belk, who is a second year Accounting and Finance student. Suzie ran sessions for a similar module last semester and will be working with us this semester.

We hope to see you on Tuesday.

Rose, Jess, Sam & Suzie

07/12/2015

Workings from session 8 - Times Series and Forecasting

07/12/2015

Workings from session 7 - Chi Squared Testing

07/12/2015

Workings from session 6 - Linear Regression