June 11, 2012 at 6:34 am
Post your comments about June 2012 F5 exam.
?How did you do? What came up? How did this paper compare to previous exams?
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[polldaddy poll="6303349"]June 11, 2012 at 11:34 am
It was hard as for me…There were following topics: 1. Decision making produce or buy 2. Target costing 3. Seasonal variation 4. Variances 5. ROI and RIJune 11, 2012 at 12:16 pm
too dificult.June 11, 2012 at 12:18 pm
Here are some discussions.
1. Decision making make or buy. Is the answer to make ?
and how many to make given the constrain, is it to make 100,000 screens and 50,000 keypads and outsource 50,000 keypads ?
2. For variation , are you supposed to use regressions ? are the data points the centred points or the original points ?June 11, 2012 at 12:35 pm
I found it difficult! For the time series one I think I got 1150 and 1560?June 11, 2012 at 12:43 pm
Hi yuskadeepak.. Yes i got 100000 screens make, 50000 keypad make & 50000 outsource
I thought the target costing question 2 was tricky.June 11, 2012 at 12:47 pm
Did anyone use the formula sheet for any of the questions? I find it odd that i didnt use itJune 11, 2012 at 12:50 pm
how was seasonal variation question? what sort of calculation and theory came?June 11, 2012 at 12:57 pm
Tqm got me!!June 11, 2012 at 1:02 pm
Given some date, we were required to find the seasonal variation using multiplication model.. And we had to forecast sales for Q3 & Q4.
For theory, the topics tested were: steps to set target cost, Standard cost vs. TQM, behavioral aspects of budgeting, effect of using solely ROI for decision-making, difference between service & manufacturing.. A few more i cant rememberJune 11, 2012 at 1:03 pm
data*June 11, 2012 at 1:14 pm
Terrible exam….not seasonal variation before December re-sits….here I come!!!June 11, 2012 at 1:16 pm
so gutted about that exam – no regression, no EVs, no relevant costing, no learning curve, no PV chart, no complex limiting factors, no demand pricing…..!
They really made you work for every mark!
I got make 100k of whichever took 0.5 labour hrs, 66.667k of whichever took 0.75 labour hours = all labour hours used. Then out
source the remainder. I just went on common sense and use efficiency of the limiting resource, but I thing we were supposed to calculate variable cost for both (K + S, in house and outsourced) to help answer the question.
Q3) Totally messed up the seasonal variation bit, and ran out of time for that lovely part B on budgets for 10marks.
I know/think I answered the other three questions 1,2,4 well, so hopefully it’s evened out for a pass…June 11, 2012 at 1:23 pm
It was a disaster, the topics were pure non sense…. nothing to do with F5…..i got the same answer on buy 50000 and make 100000 units of one and 50000 units of the second one…outsource 50000.
Forecast – did not touch it …. ,wrote a lot for the theory parts… , the varainces were giving me a difference of 480 …..and overall NIGHTMARE!good luck guys to pass.June 11, 2012 at 1:23 pm
too hardJune 11, 2012 at 1:23 pm
it was tough…June 11, 2012 at 1:27 pm
how did you guys forecast sales for Q3 2012 and Q4 2012 if not using regression ? i used regression but i think i did it wrongly.
the part about TQM was also unexpected. it wasnt in the open tuition notes.June 11, 2012 at 1:28 pm
The questions were not just hard, they were irrational… the examiner was very unfair…June 11, 2012 at 1:35 pm
Quite simply a nightmare!! Left feeling destroyed and like I didn’t know anything, despite all the hours of studying…!!June 11, 2012 at 1:35 pm
I failed the first one with 46. I dont know if something was wrong with me today. i was jumping from one question to another without doing any real work. i could not get the grip. that is it 2.nd attempt and i am giving up.
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