*** ACCA F5 December 2016 Exam was.. Instant Poll and comments ***

baking was bottleneck, this mtq was really time consuming

do you remember if there were any B options in CVP?
Due to short of time i marked all B’s in this question with a hope that atleast one or two would be there

you are right

For the rolling budget i only prepared an extra month and rolled over the last three months from the pervious budget.

Does that mean ive done it wrong?

Anyone remember answer of question no 29 ??

Ist msq is d 10 000 profit (4000 from saved fc plus 6000 contr)
Service is simultaneous
Monitoring emails was least effective
$590 transfer price (vc plus lost contr)
Rolling budget i took admin costs from actual results 2020
Cvp fixed costs were 385000, c/s ratio for full marathon 0.4, for both marathons 0.65.
Number of marathons to get the required profit-do not remember, but it was the first answer. A.
Mcqs were very time consuming. Did not have much time for long questions(((((
Good luck to everyone!!!!

Can anyone explain the first MSQ? The etails were like : Sales price $25 , Contribution $15 , Fixed $4 . Units 30000….

Worse set of mcq questions. Ques 31&32 not bad but I also fell asleep during mcq. They were so strange and hard.

Hi all
I agree with the above posts, I found the MCQ hard also, they didnt cover alot. In comparison the the Sept 16 paper that I used to practise on, the Dec paper was alot harder.
Did anyone else think that for such a broad range of topics in F5 I thought this exam was very limited in the subjects that the questions asked?

Limbo for the next month

Hey Guys! Here are the MCq’s I can remember:

1. Flow cost question – I got Waste
2. Closed system question – I put the Control test
3. Service of the eye company – I put simultaneous
4. $592000 for a BE point question
5. Reason for favourable materials variance for the Pizza..I put he actually used fewer ingredients than he expected to.
6. $590 minimum transfer price
7. The bottleneck mixing/baking question
8. Optimal plan for the cakes question – I picked the only option with i think 0 muffins or something..I remember they could make 120 brownies and all of the other cakes.
9. Optimal plan for the marathon question – I got A which is 17240 or something like that and 20something thousand.
10. Breakeeven question where everything is increased by 10% – I put BE units are unchanged but profit will be 10% higher..
11. Costs the manager of the investment division is responsible for – I put transfer price, costs and revenue. They aren’t responsible for head office..
12. Total Materials price VAR I got as $40.50 Averse
13. $17.43 for the ABC cost allocated to B question?
14. The first question of course about the Margin of safety etc- I put C so I got it wrong 🙁
15. The question about whether EV is sensitive to probability assumptions? – I put that it is sensitive as it has it’s own assumptions about probabilities and also that it ignores the various outcomes.
16. The facts about Multiple objectives in Not for profit? – I put both to satisfy stakeholders and the other option..I put just the second option but changed my mind..now I’m not sure..
17. ZBB statements about building up from the last period which i think was incremental instead, and something about it being functional?
18. The least way to ensure security of highly confidential material.
19. There was a question about whether the materials mix is treated as usage?
20. The effect on income of acquiring the $45 baking oven..something like that.. I just guessed A $55 as had no time really..
21. The question on materials Y and Z – which action would improve the TPAR? I picked to increase selling price of Y by 10%…but not sure..
22. The joint products question about X and Y..The profit of $400 gain? urgh, I was running out of time by this point..
23. TPAR was 1.5something and the asked what must have happened..
24. One on lifestyle costing If I remember?

I found the exam much more challenging than the September exam. This is my second attempt as I got 47% last time. Still kicking myself for not passing that paper as it seemed like a walk in the park when I re-did it again after the questions were published.

Ah well! Good luck everyone!

@liliyasolo777 said:
Yes! That was the most difficult question! I spent to it almost 10 minutes and back twice till I understood that I’ve done silly mistake. It was the first question and I didn’t want to be wrong on this easy item.

So, the answer is D: profit increases by 100 000$.
First time after calculations I couldn’t get no one answers from a) b) c) d) Stupid! Just D! At the end of time I’ve just started to play with numbers (how I can*-))
Version 1 (30 000 units):
Revenue: 30 000*25 = 750 000$
Cost of sales: 30 000*15 = 450 000$
Contribution: 300 000$
FC = 30 000*4 = 120 000$
Profit: 180 000

Version 2(Units 40 000):
Revenue: 40 000*25 = 1 000 000$
Cost of sales: 40 0000*15 = 600 000$
Contribution: 400 000$
FC: 120 000$ (remain the same! That’s the case!)
Profit: 280 000$

Yahoo!

LOL, same did I.

The question specifically said the 60 days credit led to the exchange rate losses so i think that was caused by the divisional managers. How did you calculate the ROI for both divisions and what percentages did you get?