Forums › ACCA Forums › ACCA PM Performance Management Forums › *** ACCA F5 June 2018 Exam was.. Instant Poll and comments ***
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- June 6, 2018 at 6:25 pm #457199
Tough exam. I had Teds expected values and the AA Hotel balanced scorecard for section C. I really wasn’t sure what to do for the expected values question and I doubt I even got more than 2 marks for it!
Sections A & B I actually didn’t find too bad although I found the optimum price in section B tricky and a couple of bits in the lifecycle costing case study hard to work out. Usually no problem with both topics! Hoping I’ve done enough…..
June 6, 2018 at 6:36 pm #457203Hi guys,
i had the same paper too, way too much information was given to read. can you remember answers to section C?
Ted the popstar should it have Castle hill arena or alternative? merchandise 60% margin my answer was an alternative arena to get 250K profit,
section B throughput ration. my answer wasn’t there so I picked 1.40
June 6, 2018 at 6:39 pm #457204The ted question, this was my answer too, i calculated and got an EV of $242400 profit for castle hill arena, did anyone else get this?
June 6, 2018 at 6:43 pm #457206@fadeya said:
The ted question, this was my answer too, i calculated and got an EV of $242400 profit for castle hill arena, did anyone else get this?what were your answers in section A for “least useful info for trading company” and “life cycle costing question 15”
June 6, 2018 at 6:43 pm #457207@vavneetb said:
Hi @fahda40
Which decision package have you chosen for Zero base budget?I chose decision pckage 3 as it had the lowest total cost. I think decision 1 had the highest cost if i remember correctly.
June 6, 2018 at 6:49 pm #457210Hey i got 1.40 too. I added total labour cost which was already given in the question and divided by total minutes,
June 6, 2018 at 7:00 pm #457215Lease useful for trading , i think the answer was D, its customer’s poll and review. Trading is concerned with Profit, therefore competitor’s price and market share.
June 6, 2018 at 7:09 pm #457218I had a question on optimal selling price..they gave P=1050-2000Q but that didnt make sense when I calculated it.
June 6, 2018 at 7:18 pm #457221@fadeya said:
The ted question, this was my answer too, i calculated and got an EV of $242400 profit for castle hill arena, did anyone else get this?I got thé same expected value
June 6, 2018 at 7:33 pm #457227Section A & B had a mixture of a lot of areas. Had Throughput accounting, Sales price variance, a lot of Environmental Accounting questions, was really not expecting that many, life cycle costing, Abc, almost everything to be honest.
Section C, a bit og a nightmare, had Ted Ev which I did not have a problem with in revision but pretty sure I did something wrong there, point C of this question really got me thinkinh if I answered a & b right, so left point C unanswered. I the. Got AA hotel balance scorecard which again I aas nit prepared for. Barely wrote anything here. Overall, i thiught the paper was really hard, I feel this paper if becoming harder and harder as not my first atempt. Not feeling confident at al. ?June 6, 2018 at 7:34 pm #457228Section A & B had a mixture of a lot of areas. Had Throughput accounting, Sales price variance, a lot of Environmental Accounting questions, was really not expecting that many, life cycle costing, Abc, almost everything to be honest.
Section C, a bit of a nightmare, had Ted Ev which I did not have a problem with in revision but pretty sure I did something wrong there, point C of this question really got me thinking if I answered a & b right, so left point C unanswered. I then got AA hotel balance scorecard which again I was not prepared for. Barely wrote anything here. Overall, i thought the paper was really hard, I feel this paper is becoming harder and harder as not my first atempt. Not feeling confident at al. ?June 6, 2018 at 7:45 pm #457233@reannlim said:
Ran out of time in Section C as was too engrossed in double checking the answers in A/B.ACCA has its ways of making us students pull our hairs out during the exam because some of the questions require you to really understand the theory and apply it to different scenarios.
Overall, good experience. Hope that I’ll be able to pass.
My Section C was zero based budgeting and my answer is Decision Package 3.. anyone?
Yes I had the same zero budgeting I also chose Decision Package 3
The other question was transfer price, but I couldn’t finish.. no time… 🙁June 6, 2018 at 8:02 pm #457243i got almost the same $240900. what was the answer to calculate the probability that Ted will make less profit?
for merchandise, I took 60% margin only as sales.
10*0.6=6
20*0.6=12
30*0.60= 18
all above*probability * by 8700 (using probability to get to 8700)
8700* 45 ticket price
200K hiring castle hill cost
$50K + additional $5K for tour costs. (it stated for every 1000 increase tickets +5K tour cost)what was 8 mark question about?
June 6, 2018 at 8:17 pm #457250This was such a confusing question and didn’t make sense at all.
I wasn’t sure if we had to recalculate the formula or if we just had to continue working with this one that was given.My answer was I think 557
June 6, 2018 at 8:18 pm #457251@sulli said:
i got almost the same $240900. what was the answer to calculate the probability that Ted will make less profit?for merchandise, I took 60% margin only as sales.
10*0.6=6
20*0.6=12
30*0.60= 18
all above*probability * by 8700 (using probability to get to 8700)
8700* 45 ticket price
200K hiring castle hill cost
$50K + additional $5K for tour costs. (it stated for every 1000 increase tickets +5K tour cost)what was 8 mark question about?</blockquote
Thé 8 marks was bécause you had to draw a table With différent profit so all thé possibilities. There were 9 possible outcomes.
For the probability to get less profit i got 45% but not sure if Im correct.
The exam was quite tough for me … except part C
Was my first attempt and i hope îll get at least 50%June 6, 2018 at 8:20 pm #457253@chrisj1 said:
I had a question on optimal selling price..they gave P=1050-2000Q but that didnt make sense when I calculated it.This was such a confusing question and didn’t make sense at all.
I wasn’t sure if we had to recalculate the formula or if we just had to continue working with this one that was given.My answer was I think 557
June 6, 2018 at 8:21 pm #457254The 8 marks was bécause you had to draw a table With différent profit so all thé possibilities. There were 9 possible outcomes.
For the probability to get less profit i got 45% but not sure if Im correct.
The exam was quite tough for me … except part C
June 6, 2018 at 8:32 pm #457259@vavneetb said:
Hi @fahda40
Which decision package have you chosen for Zero base budget?i have not chosen any decision pakkage i have just give them breif theory about decision pakkage…!
June 6, 2018 at 8:38 pm #457261@ahmadsheen07 said:
1. What was the answer to the “least useful for trading company” question?
2. Life cycle costing question?i think option A (market firm price like name) was the answer of trading company
June 6, 2018 at 8:41 pm #457262@opeyemiogunjimi said:
This was such a confusing question and didn’t make sense at all.
I wasn’t sure if we had to recalculate the formula or if we just had to continue working with this one that was given.My answer was I think 557
quantity is mentioned zero over there therefore the answer is 1050-2000=$950
June 6, 2018 at 8:48 pm #457266@fahada40 said:
quantity is mentioned zero over there therefore the answer is 1050-2000=$950You are supposed to calculate the Q first by working out MR=MC
And then you calculate P= a-bQJune 6, 2018 at 8:54 pm #457268Please, the mcq about absorbing cost for small and big
Units produced 80k for small and 60k for big
Units per batch 1600 for small and 1200 for big
Set ups per batch 2 for small and 3 for big….Please what was the answer to that?
June 6, 2018 at 9:07 pm #457272@fahada40 said:
i have not chosen any decision pakkage i have just give them breif theory about decision pakkage…!1050-2000=$(950)
June 6, 2018 at 9:14 pm #457274IT WAS WAY TOO HARD, I STUDY THE WHOLE SYLLABUS, I DON’T KNOW WHAT ACCA IS TRYING TO DO.
June 6, 2018 at 9:21 pm #457281I’d we are bin honest, the questions weren’t exactly difficult, I think it’s a matter of understanding the questions. The questions are set to make it difficult for the students to understand what is actually bin asked.
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