*** ACCA F5 December 2017 Exam was.. Instant Poll and comments ***

same here,
Estimated cost =106
Target cost=96
cost gap= 10
10×10,000 units=100,000
so how many times can the product be produced again using the cost gap

10,000/96= 1041.7

10,000+1041.7=11,041.7

How much did everyone write for question 32? I wrote 1 page and 1/4

I got OAR 146, Profit D6-301 and D7 449

for Q30 i only calculated for both years 20×7 and 20×6
sale revenue ratio
net profit
gross profit

20mark question. 7 for calculations

can someone tell about section c 2 question about probabilities and payoff table?

@heychi said:
How much did everyone write for question 32? I wrote 1 page and 1/4

I wrote for one and a half pages , do remember the question wordings?

I mentioned about the increase in costs , increase in advertaisment , foreign exchange losses and also payroll – even though they said the salaries were increased by 10% , the actual increase was by 5% , so they have been laying off employees and probability chances of more court litigations as already they had a dispute with an employee.. sales was increasing mainly due to North American business this would be because of better advertising and stuff ..

I did not read the question , directly started to write about financial performance , was that the question? If not then oops

@rajeshram said:
I wrote for one and a half pages , do remember the question wordings?

I mentioned about the increase in costs , increase in advertaisment , foreign exchange losses and also payroll – even though they said the salaries were increased by 10% , the actual increase was by 5% , so they have been laying off employees and probability chances of more court litigations as already they had a dispute with an employee.. sales was increasing mainly due to North American business this would be because of better advertising and stuff ..

I did not read the question , directly started to write about financial performance , was that the question? If not then oops

i also wrote about the company not charging enough. The Europe revenue dropped by 20% total sales increase by 17% i think but cost of sales went up by 38%. which suggested the costs were too high in proportion to sales Revenue.

@rajeshram said:
Do u remember the question ? was it to asses the financial performance?

It was to assess financial performance. I mentioned the things you mentioned and also the below:

With Sales revenue, the whole point of the expansion to North America was because of the decline of sales in Europe. The 2007 sales revenue figure for Europe alone was less than year 2006. Without the additional revenue they received from North American flights that year, the sales revenue figure would be % lower. So, I said it’s not really the expansion that was the problem, but that the manager needs to consider other factors that are within the company’s control (such as costs) and then that’s when I went on to talk about the cost increases and the fall in exchange rates, etc. I mentioned possible reasons for each cost rising/falling and said to also make sure the owner recognises uncontrollable vs. controllable costs and to make sure they’re getting different price quotations too for the costs and for advertising.

@heychi said:
How much did everyone write for question 32? I wrote 1 page and 1/4

i dont think that quantity of written is important but how u added value to each issue is more important.dont worry about size.

@accountinglearner said:
For the planning variance MCQ I got my answer as 1,000 F which I think was choice A.

This one threw me at first, as normally we are given the raw data, (e.g. number of units, prices, actual quantities etc.), and we use these to compute the variances. However for this one they gave us the variance totals but not the raw data.

I spent the first 15 minutes of the exam writing down all the variance formulae, throughput formulae etc. on the blank page of the question paper as I was worried about it all ‘falling out of my head’ so-to-speak.

From these formulae I plugged in the numbers that we were given in the question and used simultaneous equations to eliminate the unknown ‘raw data’ parts of the formulae. So that I could get the last remaining variance.

on the beggining was also confused because of no raw data like for production but after its all the same logic.however i lost some time to find a way to calculate mix and quantity.

@accountinglearner said:
You can take two exams every three months if you like, but it is hard work.

I sat my last two F papers this time round, hopefully trying to avoid being forced to take the CBE versions next year as I don’t like the idea of having to do calculations using a computer when you spend your study time doing it on paper.

exactly same idea i have about cbe exams.hopefully not to ne inside of it.

@jgoodall said:
I got $110,000 for the Relevant Cost Question, as the machine could have been used to produce a separate product making $110,000, therefore being the opportunity cost.

I got the same as contribution forgone

I think its 81%