PM*** ACCA F5 June 2017 Exam was.. Instant Poll and comments ***

It is not a one-off decision. Answer has to be the one saying being risk-neutral, choose highest expected value (bus).

@kumaren2104 said: Section B: 2667 units of Z Section A: Lifecycle Costs: Neither 1 or 2 Section B: First MCQ on Sales Mix: Neither 1 or 2

Do you remember if any of the linear programming answers were A?

I chose risk neutral with the higher E.V. Did not choose D which say it's a one-time off project. Anyone could enlighten on this first question.....?

i really think that all the answers were not appropriate surely ....coz i think by taking expected value approach the guy was risk nuetral but mhhh

@mailand20 said: Does anybody remember the MCQ about High-low method. There were two possible answers £41000 £40500 I chose the last one, what about you guys?

I got 39,000 at 9000 units Then there were two £500 FC increases So total for me was £40,000

@nathan488 said: I got 39,000 at 9000 units Then there were two £500 FC increases So total for me was £40,000

That's what I chose!

For the two variances in section B (sales quantity and mix) what did you guys get? For the first one I got 400kA For the second one I got 1.2 million adverse

Q 31. B) £3,000,000 *1/3 is gas charge=£1000,000 which is 62.5% for last year, £1000,000/0.625=£1600,000. Contractor budget is 2000+1600=£3600,000 overall 8% reduction due to probabilities n economic conditions= £3312,000. Correct me if wrong!!

everyone here have different answers we dont know the correct one's so all we can do is to wait for the result. by the way anyone remeber that ABC question Part B last mcqs in which i choose ABC is time consuming and costly option B

how did you guys Measure performance of IOA and ARCHI in Question 32?

Exactly what I did. I'm not sure though

This paper was hard . I rare saw any question I praticesed in the Kaplan Kit or past papers. Examiner team was in the bad mood when they set paper.

I was surprised about absence of learning effect and transfer pricing questions.

Do you all remember if there's still the formula sheet provided at the last page? I don't quite remember there was. Is that the reason why there wasn't any questions on Learning rate and Pricing decision (MC=MR)... :(

the formula's were printed on the back side of Question paper.

I think Kaplan should change theiror updatethe Revision Kits cause the questions in Kit are simple and ACCA is reality. This paper was harder

True - formula page was useless at this exam

@nathan488 said: For the two variances in section B (sales quantity and mix) what did you guys get? For the first one I got 400kA For the second one I got 1.2 million adverse

Anyone got answers for this?

came up with two equations. 31500=fc+500+7000vc 23000= fc+5000vc solving that gives vc =4 and fc 3500. above 6000 fc= 4000 and above 8000 fc=4500 that's how I worked it and costs at 9000units were 4500+9000 (4) = 40500

Guys please check June 2009 Qu 5 Northland. I only practised papers from June 2012 to September 2016. I understand why ACCA removed those all papers from its public bank now.

@Charrison1508 Shadow price $1.60 Machine hours falling below 25000 Buy 4000 Y externally I don't remember the other two. There was an MCQ in Section A regarding the theory of contraints. I chose A as answer.

@kumboo said: @Charrison1508 Shadow price $1.60 Machine hours falling below 25000 Buy 4000 Y externally I don't remember the other two. There was an MCQ in Section A regarding the theory of contraints. I chose A as answer.

I went with B I believe, whichever one said "the aim is to turn raw material into cash as soon as possible" Since the question was "which of these is NOT an aspect of the theory of constraints" And the statement above indicates that producing more is better When in throughput, we accept idle time over producing if it means we're more like JIT etc

@colmjulian said: first 15 MCQ - okay, but coming on this forum gives me doubts next 15 MCQ - very, very hard.. most of my answers were guesses question 31 - a and b i waffled a lot.. i was fine on zero budgeting {it came up recently b4} question 32 - everyone waffled i assume, but i don't know how many marks i picked up, especially as 4 were for calculations {i barely used any in my answer} it will be a very tight call.. i'm hoping for something like 15+8+14+13 = 50%

I seriously waffled on Q32 too. I didn't see many opportunities to use calculations either. Kinda went with "they're doing okay but not great"!

ACCA is overdoing a good joke now! They are ABUSING the use of MCQ's. Many times I found myself struggling to choose a correct answer simply because all options are arguably correct but that's the problem! One can't argue one's point with MCQ's; it's either 2 or 0!!

The high low question for F5 was as follows: They had 5000 Units and it cost £23000. They had 7000 Units and it cost £31500 At 6000 Units Fixed costs go up £500. At 8000 Units Fixed costs go up £500 again. What would it be at 9000 units. I subtracted 500 from 31500. Then I ran the high low calculation with those figures. I believe the fixed costs were 3000, Variable cost was £4 per unit. So 9000 * 4 = 36000 + Fixed costs of 3000. Then add fixed costs of 500 and 500 again for the over 6k units and over 8k units. Basically £40 000 Thats what I did anyway and if it is wrong oh well 2 marks

The section B or C question I forget which and can only remember the latter part of it was. Contractors need to be tendered for the boiler fixing. This was 3,000,000 in last year. One third was allocated to the boiler checks. Every boiler older than 3 years required checking. Of the boilers in that year 62.5% (this % could be wrong) needed to be checked as they were older than 3 years. This year new legislation means every boiler needs to be check yearly. This is affected by the economy: (NOTE: Cant remember exact probabilities but the end % figures I know are correct) Recession = 0.6 probability - this means the amount tendered is -20% Stays the same = 0.3 probability - the amount tendered is at 0% Boom = 0.1 probability - The amount tendered will increase by 40% I won't say what I did for all of it but the first part. I took 3mil divided by 3 for a third. (£1mil). Then treated the 1 million as 62.5% and made it 100% for all boilers (£1.6 million - added back the 2 million to give 3.6 million and ran from there...

@joep23 said: The high low question for F5 was as follows: They had 5000 Units and it cost £23000. They had 7000 Units and it cost £31500 At 6000 Units Fixed costs go up £500. At 8000 Units Fixed costs go up £500 again. What would it be at 9000 units. I subtracted 500 from 31500. Then I ran the high low calculation with those figures. I believe the fixed costs were 3000, Variable cost was £4 per unit. So 9000 * 4 = 36000 + Fixed costs of 3000. Then add fixed costs of 500 and 500 again for the over 6k units and over 8k units. Basically £40 000 Thats what I did anyway and if it is wrong oh well 2 marks

That's exactly how I did it. I've always done high low method this way so I'd be very annoyed if this was incorrect

well I did it that way, my mate did it that way so I'm hopefully scoring 2 at the very least haha

I did Q32, Performance analysis, 4 marks for calculations and 16 for discussion. I did my calculations which amounted to about 4 but did not write these in the answer booklet. I just included the answers in the discussions for e.g. increase by 2% in 20X7 moving from say 1000 in 20X6 to 1020 in 20X7. Will I still be awarded the 4 marks or will I not get them because I did not show my workings. They did not say we should show our workings for these calculations.

I always would just put a bit of workings in but I don't think it will go too hard against you if not. If you have the answers there and you have discussed appropriately I'm sure it will be fine. The whole thing is a giant racket though. The amount of money they make from each sitting is insane, as the cost for someone to mark it is just a tiny fraction. It is in ACCAs interest to limit the amount of people passing and increase re takes as it earns them lots of money/