MyCIMA

PC exam - Budget for new programme

Posted: Thursday 02 September 2010 by Almost There
Replies : 6

How did you guys manage to get a profit for the budget?  I think I might have misread the information and ended up with a loss.

Revenue of 60,000 per programme.

Studio was 30,000 per day.  I think I saw that 2 days were needed for each programme?

60,000 - (30,000 x 2) = 0

Then counting all other costs, I got a loss.

I'm so worried that I will get a 0 on this part because the rest of my discussion was based on this calculation.

Budget

Posted by Claire Palmer on Thursday 02 September 2010 08:43

Was it not 2 programmes made PER DAY in the studio i.e. 30,000/2?

It was 2 days per programme for the producer...

by the way

Posted by Claire Palmer on Thursday 02 September 2010 08:44
You won't get 0 as ieven if your calc is wrong, as long as your discussion follows your calc then you will still get marks!

.

Posted by Almost There on Thursday 02 September 2010 08:55

Great, a silly overlook really demonstrates my competency.  :(

Marks taken off for technical and application right there.   I even placed this as my top priority too because it was commissioned despite a "loss".

Studio- 2 progs a day so 50 days

Posted by Gaurav Sharma on Thursday 02 September 2010 13:44

Studio- 2 progs a day so 50 days

 

the budgeted profit was somewhere around 16% before contingency and after after contigency 8% or so

Don't give up hope!

Posted by Paul on Thursday 02 September 2010 21:42
Almost There wrote:

Great, a silly overlook really demonstrates my competency.  :(

Marks taken off for technical and application right there.   I even placed this as my top priority too because it was commissioned despite a "loss".

I wouldn't worry about it - it seems to me that broadly the prioritisation varies vastly between people posting on here.  I put this as my top priority like you and whatever your calcs come out like you just need to run with them.  If you put sensible points to back up your reasoning you have a chance.

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Posted by Almost There on Friday 03 September 2010 02:14
Thanks, Paul.  Good luck to all of us!  The moment of truth comes in 3 weeks time.