[Trishul]

First time I took the CBE but does anyone know if section C of the written and computer exam questions are different?

The NPV you guys are getting at $63 million is way off mine – my figures given in the question were not this big.

[Trishul]

So happy I passed with 63%! Was convinced I failed that exam.

[Trishul]

So chuffed I passed with 74%.

Good luck to the rest of you with results.

[Trishul]

Also, the variance question.

Why would we not include overtime as it said 15 minutes were used for the shoes as the design has changed – isn’t that over time.

I got:
Labour Rate Planning – A
Labour Rate Operational – F
(The two added up to my answer for Total labour rate in part a)

Labour Efficiency Planning – A
Labour Rate Operational – F
(The two added up to my answer for Total labour efficiency in part a)

I am so confused as to whether overtime was relevant or not. Has anyone checked with their tutors?

[Trishul]

I got the 72. something answer for ABC?

They only gave us information for 2 overheads.

How did you come up with 91.25?

[Trishul]

Can’t market share be classified as financial though? As it shows growth?

[Trishul]

@christa316 said:
I got 150

I got 150 too.

Did the EV of each line and chose the one with the most profit.

Then the EV of the highest profit amount on each line.

Took the difference and it was 150.

Haven’t a clue if it is correct or not.

[Trishul]

Starting to get really worried after reading this.

I thought I nailed the variance question but now a lot of you are saying you didn’t include overtime.

Isn’t the over time 0.25 hours x 1.25 x $14.28?

My answers were still:

Labour Rate Planning – A
Labour Rate Operational – F
Labour Efficiency Planning – A
Labour Efficiency Operational – F

I also added up the labour rate planning and ops which gave me the total labour rate variance for part (a) and the same for labour efficiency.

I completely screwed up the ROI question – I got 18.9%. Got the depreciation correct ($800k from my memory a year) and adjusted everything for inflation so I am hoping I get a couple of marks. For part (b) I talked about Dysfunctional behaviour, manipulation of profit and the superiority of RI over ROI.

I didn’t include any of the technology patents or whatever it was in life cycle costing because it said it was related to the new pair of shoes so I was assuming all costs to do with the pair of shoes they were asking about that had a 2 year life cycle.

Question 1 was awful but still wrote 4 batches so hoping to get 1 or 2 marks there.

MCQ – made a few silly mistakes.

Praying that we have nice markers.

I spent so much time revising ABC, TPAR, Linear Programming, CVP graphs, Learning Curve and none of it came up in section B.

[Trishul]

I didn’t include the technology cost for LCC as this related to another product.

The question wanted the cost for two year period for the original pair of shoes or whatever?

Also, are fixed costs included?

I am pretty sure that Life Cycle Costing includes ALL the costs incurred during the product life cycle.

[Author]

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