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*** September 2022 ACCA PM exam – Instant Poll and comments ***

Forums › ACCA Forums › ACCA PM Performance Management Forums › *** September 2022 ACCA PM exam – Instant Poll and comments ***

  • This topic has 34 replies, 21 voices, and was last updated 2 years ago by Logesh.
Viewing 25 posts - 1 through 25 (of 35 total)
1 2 →
  • Author
    Posts
  • September 7, 2022 at 9:08 am #665542
    opentuition_team
    Keymaster
    • Topics: 1391
    • Replies: 1405
    • ☆☆☆☆☆

    How was your September 2022 ACCA PM exam?

    Vote in the Instant Poll


    (Comments will be opened after 5PM UK)

    September 7, 2022 at 5:09 pm #665636
    usama1200
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    Can anyone tell me please what was actually to do in controll proforma of flexed and actual budgets?just to fill the spaces and no working were required?

    September 7, 2022 at 5:33 pm #665641
    jackd9555
    Participant
    • Topics: 0
    • Replies: 8
    • ☆

    That’s what I did, used formula in cell to show working, flexed to actual amount, couldn’t see how some semi variable specific notes needed to be incorporated but could be wrong

    September 7, 2022 at 5:44 pm #665642
    Elliot479
    Participant
    • Topics: 0
    • Replies: 7
    • ☆

    Proforma you needed workings to flex the budget to 8000 units. Workings needed to calculate variances between actual and 8K flexed budget. Semi variable notes needed to find the fixed costs within the total. Think I got something like 4600 (F) total variance. I hope it’s right lol!

    But yeah a bit of a weird one, never really seen a proforma in a 20 mark q like that. I just put my workings for sales Rev, materials etc below and then put some written conclusion aswell.

    September 7, 2022 at 5:59 pm #665646
    jackd9555
    Participant
    • Topics: 0
    • Replies: 8
    • ☆

    Very surprised not see questions for ROI/RI, TPAR, Learning Rate, Maximin. Unfortunately I did a lot of revision for these areas. Found the Material Price / Usage variance questions overloading with information and throwing curveballs which caught me out

    September 7, 2022 at 6:04 pm #665648
    Elliot479
    Participant
    • Topics: 0
    • Replies: 7
    • ☆

    I thought the exact same, I think the only ROI/RI question was like Q4. No LR, no optimal pricing, was quite disappointed in that. The 20 marker on Sensa supermarkets was ok but long, the whole profitability calcs and all the percentages.

    The multi product breakeven graph question caught me off guard though. Had to just guess that one

    September 7, 2022 at 6:32 pm #665654
    jackd9555
    Participant
    • Topics: 0
    • Replies: 8
    • ☆

    I think SecC questions might be different, I didn’t have that, I had to discuss financial performance of a law institute which was OK.

    September 7, 2022 at 6:40 pm #665656
    Levo
    Participant
    • Topics: 0
    • Replies: 9
    • ☆

    I had optimal in my c

    September 7, 2022 at 6:56 pm #665657
    Ok.sana
    Participant
    • Topics: 0
    • Replies: 11
    • ☆

    I had Economy, Efficiency and effectiveness in Section C.

    Also optimal price in another section C.

    September 7, 2022 at 7:22 pm #665660
    elenasol91
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    I also had economy, effectiveness and efficiency and optimal price!

    September 7, 2022 at 8:43 pm #665666
    sharayne
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    There was a linear question in Section B that I didn’t quite get. The flexed budget was good for me. I don’t feel confident with my answers for the law institute. I know it’s a nonprofit but to me it appeared that institute was near to bankruptcy.

    September 7, 2022 at 8:44 pm #665667
    sharayne
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    Flex to 8k.
    The semi variable you would have had to use hi lo method

    I was happy with it.

    September 7, 2022 at 9:46 pm #665673
    JKinkela
    Participant
    • Topics: 0
    • Replies: 6
    • ☆

    I had a question on using the 3 E’s to assess regions performance. Also had an optimal price question (using algebra to find the SP). Quite shocked to not have had any variance, CVP or budgeting questions as I was so ready to take those on 🙁

    September 8, 2022 at 10:11 am #665733
    ismail21
    Participant
    • Topics: 1
    • Replies: 3
    • ☆

    paper was good . section A was quiet tough

    September 8, 2022 at 1:56 pm #665754
    stvincent89
    Participant
    • Topics: 8
    • Replies: 11
    • ☆

    Ok.sana wrote:I had Economy, Efficiency and effectiveness in Section C.

    Same. I also got some weird regression question in Section B I had never seen before in any kit or past exam. But I think I might get 6/10 out of it.

    I’m torn between OK and Hard, but I think I might pass it. I think did much better than last time in June, and then I didn’t pass it by only 4 points.

    September 8, 2022 at 5:18 pm #665784
    kalpeshcy
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    Anyone have this questions

    1) Wilfred Almeida:
    Which of the following would a throughput accounting approach be most suitable for?

    A. Long-term decision-making in a highly automated manufacturing business

    B. Short-term decision-making in a business which subcontract all its manufacturing and delivery activities

    C. Short-term decision-making in a highly automated manufacturing business

    D. Long-term decision-making in a business which subcontract all its manufacturing and delivery activities

    2) Lewis Co is considering automating its production line. If it chooses to do so, fixed costs will rise from $40,000 per year to $120.000 per year, while variable costs will fall from $22 per unit to $12 per unit.

    What is the minimum annual production level at which automation would be worthwhile (to the nearest unit)?

    September 8, 2022 at 6:50 pm #665822
    shgoyal
    Member
    • Topics: 0
    • Replies: 15
    • ☆

    I got the same question as you mentioned in 1st place. I marked B. Considering that throughput accounting goes best with short term.

    September 8, 2022 at 9:19 pm #665830
    Mohamed
    Participant
    • Topics: 2
    • Replies: 4
    • ☆

    If I am not mistake, the option c was option B at the exam. So I choice b but now you put it c

    September 9, 2022 at 6:56 am #665848
    MAK94361
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    Section C:
    Q1 (a) Define 3Es
    Q1 (b) Assess performance based on 3Es

    Q2 (a) Calculate optimum price and resulting profit
    Q2 (b) ???????????????????????????????? Anyone remember this part?
    Q2 (c) Consequences of not take account of learning curve
    Q2 (d) Skimming pricing strategy

    Anyone remember what was Q2 (b)?

    September 9, 2022 at 7:47 am #665858
    shaz2885
    Member
    • Topics: 0
    • Replies: 2
    • ☆

    Oh dear. I don’t recall seeing a part b or d. If i recall correctly, for me, part A was find variable price and total cost and part b was calculate optimum selling price, part C was consequences of the learning curve.

    September 9, 2022 at 7:49 am #665859
    shaz2885
    Member
    • Topics: 0
    • Replies: 2
    • ☆

    totally agree. was quite shocked not see any variances or breakeven analysis

    September 9, 2022 at 8:09 pm #666015
    savburke876
    Participant
    • Topics: 1
    • Replies: 10
    • ☆

    What i had done was to calculate the fixed cost for both direct labour and indirect labour then calculate the variable cost per unit using each. Did this by using the high and low method, hopefully it was correct. Also indirect was a stepped fixed cost so you would have to less the 1000 stepped cost to calculate variable cost per unit.

    September 9, 2022 at 8:50 pm #666024
    savburke876
    Participant
    • Topics: 1
    • Replies: 10
    • ☆

    Yes that variance question in section B was tricky. I did not see them say the price was revised by the entity so how will i go ahead with a material price planning variance.

    September 9, 2022 at 9:25 pm #666032
    nkasiobi
    Participant
    • Topics: 1
    • Replies: 11
    • ☆

    I also got confused about the fixed costs and variable cost question that was asking for minimum number of units to be produced. Certainly, that wasn’t a breakeven question neither was it a total cost question or even price demand. Very confusing to me.

    September 10, 2022 at 8:18 am #666069
    jiyaAhuja@1607
    Participant
    • Topics: 1
    • Replies: 6
    • ☆

    Hey …is also skipped by mistake the skimming question ….i think the learning efffect part in sec C was for 10 marks . Is that true , am i right or not ?

  • Author
    Posts
Viewing 25 posts - 1 through 25 (of 35 total)
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  • The topic ‘*** September 2022 ACCA PM exam – Instant Poll and comments ***’ is closed to new replies.

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