[pamelamalta]

Hi guys,

So happy I found this group 🙂 last Wednesday was thinking about my answers all the time… Unfortunately I didn’t have enough time for Section C questions and did them fast and not all.. For example didn’t discuss financial performance of the company.. Just calculated few ratios and then just wrote something about balanced scorecard.
Qs 32 I did all but did not have time for part c….also not sure regarding the optimal production plan as shakes were only 4400 left in my calculation..most probably I did it wrong too.. not so happy about the Section C…

From the multiple choice questions I remember :

BEP I answered 16875 now I know it was wrong…
Efficiency instead of effectiveness.. what a stupid mistake.
Q1 I did not include the depreciation
Q15 about ABC was also tricky.. I answered 40 but I think it is also wrong..
Cost gap 2.05
There was a question to calculate the value of imperfect info.
minimax correct
maximin correct
about penetration pricing. It should be economy of slack and highly elastic in my opinion
there was some question were I also answered 7500
there was a question to indicate which constraints was with slack or no slack I don’t remember but I answered Labour time
Variances also correct
I was very disappointed did not have more questions on variances..
there was some question with high low method and then another one was to find the hours
what about the question regarding the protection of data? Working in government department and some of the info are confidential..what did you answer there? I answered A – something about working from home.
There was also a question about the learning curve and what happens with the target cost. I answered that target cost does not change but the gap will increase.
I also would like to know the answer for the question about Target Costing. Which of the analysis is not included in Target costing..

It was my first attempt and I wish to pass.. but I really don’t know.. looking at Section C..it might be difficult.

The lightening in our hall was very poor.. it was very uncomfortable to read the questions and sometimes had problem with seeing well..

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