BEC Study Group Q1 2015 - Page 29

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  • January 4, 2015 at 3:00 am #655495
    Anonymous
    Inactive

    Your right. D is correct

    January 4, 2015 at 3:02 am #655496
    Anonymous
    Inactive

    For a company that produces more than one product, the sales volume variance can be divided into which two of the following additional variances?

    a. Sales quantity variance and sales mix variance.

    b. Sales efficiency variance and sales price variance.

    c. Sales mix variance and production volume variance.

    d. Sales price variance and flexible budget variance.

    If anyone can help me with this one I appreciate it.

    January 4, 2015 at 3:06 am #655497
    Anonymous
    Inactive

    @DoOver — (A)?

    January 4, 2015 at 3:26 am #655498
    Anonymous
    Inactive

    I use becker. I have seen the question in my homework but I cannot find where it explains that question

    January 4, 2015 at 3:52 am #655499
    Anonymous
    Inactive

    Answer is A. I have no idea why. Any ideas? The explanation was insufficient.

    January 4, 2015 at 4:00 am #655500
    Anonymous
    Inactive

    I really took a guess at it through process of elimination and familiar terminology.

    January 4, 2015 at 5:16 pm #655501
    JS867_5309
    Member

    Thank you for the thoughts and encouragement. I think I will move on to FAR, bu at least once or twice a week I'll do some sets of BEC questions to keep the info fresh. I won't full on study both, but maybe it'll help keep everything in my head. Mostly.

    The exam seemed to be 60/40 theory/math. I would say that in each testlet I had 4-5 questions that required calculation. I would suggest focusing on IT and operations management, but those were my weakest areas to begin with. I will say that it's important to know current IT concepts, not just what they talk about in the study guides.

    For my first test I used Kaplan materials, and felt like I was relatively well prepared – I think I could have done better had I practiced more questions. This time my Kaplan book was well out of date, so I used the NINJA book, notes, and test bank. The IT section was definitely lacking in the NINJA book, but I'm hoping that my general knowledge of the subject got me through.

    Exam:I'm done 🙂 🙂 🙂
    REG - 71 (2/22/14); 67 (4/3/14); 74 (8/29/15); 83 (2/29/16)!!!
    BEC - 72 (5/24/14); 85 (1/3/15)!!!!
    AUD - 72 (8/23/14); 76 (10/15/14)!!!
    FAR - 77 (5/26/15)!!!

    Started in 2013 using Kaplan and failed REG, REG, BEC, AUD. Switched to NINJA suite in Sept 2014 and passed AUD...then BEC...then FAR!
    REG took 2 tries but I finally got it in too!
    I'm a hard convert - Using NINJA method with NINJA video/book/notes/MCQ

    Education: Check
    Experience: 3 months left! I hit 4 years on May 30 🙂

    January 4, 2015 at 6:11 pm #655502
    Anonymous
    Inactive

    DoOver – The material for sales variances are discussed in B2, around page 40 in the review notes. There is a nice breakdown of the sales variance components and derivative ratios.

    January 4, 2015 at 8:14 pm #655503
    Anonymous
    Inactive

    Because of real life “stuff” with my wife's family, I didn't get to study nearly as much this weekend as I was hoping. But I did get through variances and I feel MUCH better about them now. There are a ton of them but they all make sense when you think through them.

    @JS867_5309: I wouldn't spend too much time with BEC. FAR is a beast and at this point you need to focus on passing FAR and not worrying about BEC too much. Since scores are a month away, I wouldn't confuse myself by looking at BEC. FAR will take all of your spare time. If the worst happens and you don't pass BEC, I would finish getting through FAR first. You need to pass it at some point so now should be that time. Once you're done with FAR, circle back to BEC and you'll be shocked at how quickly it all comes back to you. FAR has a ton of material. BEC might have varied topics but the quantity of material is nothing compared to FAR.

    January 4, 2015 at 9:02 pm #655504
    Tarheelgirl
    Member

    Good Luck to all taking the exam this week! I know there is a couple out there. We Can Pass BEC!! Doing random MCQs today and fixing to start doing questions on some of my weak areas. I am so beyond ready to have my second PASS. It would be a great motivator right now. I had a breakdown last night…I do not want to fail again. Not sure I would handle it, but I am trying to stay positive.

    FAR - 46, 79 (7/8/14)
    AUD - 56, 59, 2/23/15 3rd times a charm!
    BEC - 69, 74 Really??
    REG - April, I hope. Fingers crossed!

    January 4, 2015 at 9:46 pm #655505
    Anonymous
    Inactive

    A multiperiod project has a positive net present value. Which of the following statements is correct regarding its required rate of return?

    a. Less than the project's internal rate of return.

    b. Greater than the company's weighted average cost of capital.

    c. Less than the company's weighted average cost of capital.

    d. Greater than the project's internal rate of return.

    January 4, 2015 at 10:01 pm #655506
    Anonymous
    Inactive

    Which of the following inputs would be most beneficial to consider when management is developing the capital budget?

    a. Current product sales prices and costs.

    b. Wage trends.

    c. Supply/demand for the company's products.

    d. Profit center equipment requests.

    January 4, 2015 at 11:39 pm #655507
    Anonymous
    Inactive

    A company uses its company-wide cost of capital to evaluate new capital investments. What is the implication of this policy when the company has multiple operating divisions, each having unique risk attributes and capital costs?

    a. Low-risk divisions will over-invest in new projects and high risk divisions will under-invest in new projects.

    b. High-risk divisions will over-invest in new projects and low risk divisions will under-invest in new projects.

    c. Low-risk divisions will over-invest in low-risk projects.

    d. High-risk divisions will under-invest in high-risk projects.

    January 4, 2015 at 11:40 pm #655508
    Justdoit2014
    Member

    @Tarheelgirl

    You are well prepared, I am sure you will do well! All the best!

    FAR - 80 (Roger + Wiley TB) May 2014
    AUD - 82 (Roger + Gleim TB + Wiley TB) August 2014
    REG - 79 (Gleim + Gleim TB) November 2014
    BEC - 85 (Gleim + Gleim TB) January 2015

    January 5, 2015 at 12:37 am #655509
    Tarheelgirl
    Member

    @justdoit2014 – Thanks! Hoping Gleim helps me as much as it has helped you.

    FAR - 46, 79 (7/8/14)
    AUD - 56, 59, 2/23/15 3rd times a charm!
    BEC - 69, 74 Really??
    REG - April, I hope. Fingers crossed!

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