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- This topic has 129 replies, 53 voices, and was last updated 8 years ago by hassan744.
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- September 7, 2016 at 8:19 pm #338795
ROI:
since both the adjustments(purchase and sale of asset) are on cash basis.
we are selling one asset for 40K and getting cash of 50K so the net change in the asset is 10K.
if we purchase asset for cash then net change in asset is nill.so the total value of the asset is 1010000.
September 7, 2016 at 8:24 pm #338798@parthu113 said:
ROI:since both the adjustments(purchase and sale of asset) are on cash basis.
we are selling one asset for 40K and getting cash of 50K so the net change in the asset is 10K.
if we purchase asset for cash then net change in asset is nill.so the total value of the asset is 1010000.
Yes! You convinced me. Indeed – only net increase should be take into account. That means that my first answer was correct.
September 7, 2016 at 8:36 pm #338808Aha that makes sense. Thanks
What was the answer for break even. I guessed D 16875September 7, 2016 at 8:52 pm #338815Breakeven:
X contribution is 10 and y contribution is 4. Y is double of X, if we assume X=1 then Y must be 2.
so the weight average contribution becomes 6 as follows.10×1=10
4×2=8
total 18 then divide it by total units i.e 3(X=1,Y=2).
then fixed cost+profit/6 will give u the answer.September 7, 2016 at 9:21 pm #338829yeah I did the same thing
September 7, 2016 at 9:30 pm #338832First question in section B about flexed budget variances. was the answer sales mix, quantity and price?
September 7, 2016 at 9:38 pm #338826I did the session CBE version.
ACCA needs to get a grip when they roll out this exam version. First, I could only start my exam with 35min delay because of technical problems of various kinds. Then, during the exam I got interrupted twice by staff. Then they wanted to add time to my exam (3. interruption), fair game, but did not manage. So they stopped my exam to call tech service etc. This happened roughly 8min before exam should have ended for me.
I will file a complaint, hence I was interrupted so many times and lost my train of thoughts and unequal exam environment.
Very poorly done on ACCA side!
September 7, 2016 at 9:49 pm #338838whenever we flex the budget it will be based on actual units sold i.e volume. we never change the price so sales price variance is irrelevant here. and the answer is only sales volume variance i hope.
any other thoughts please reply.
September 7, 2016 at 10:02 pm #338841I thought only the price variance would be necessary because the volume would have been flexed therefore if the price is different at the flexed volume this will cause a variance.
September 7, 2016 at 10:16 pm #338844@liliyasolo777 said:
ROI:
Profit = 190 000 + 10 000 (net profit from selling asset)
Net assets have been increased to 1 260 000$: 1mln + 250 000 + 10 000 (as increase in net asset from disposal old machine)
ROI = 15.87%But now I can see that I wrong – It was necessary to deduct 40 000….I forgot((((( I believe that the answer would be ROI = 200/1220 = 16.39%
There was this answer?This was a trick. Was cash purchase of the new asset so no net increase as PPE increases Cash decreases. Assets were increased by 10 k only to 1, 010 k
September 7, 2016 at 10:40 pm #3388501. For that question I also chose “price variance” in flexible budget.
2. Another mcq about effectiveness and efficiency? I chose “effectiveness”
3. Environmental accounting – i chose “Flow cost accounting”
4. What should not taken into accounting in target costing? Which answer should be?
For now i remember those in exact form. Please tell me what you have chosenSeptember 7, 2016 at 10:44 pm #338852Good that you did that dear but i think you did abit more than required as the marks available for thos questions were part a was 6 marks, part b was 4 marks and the liner programming was 10 marks
September 7, 2016 at 11:31 pm #338856Q32a and b was throughput accounting.
12000g betta was available.
5000 for contract of shakes.
That leaves us with 7000g and our current demand required i think 10000something grams so shortfall was around 3000.
Then we make cookies in full and some cakes of current demand until betta runs out and we are unable to make remaining cakes and 0 shakes of current demand. That was my answer. Hope I got some of it correct
I mismanged time on 32. It was such an easy question and I am cursing myself for not clearly mentioning the non financial performance measures clearly in detail because I was left with 5 minutes for that :(. Can anyone let me know how they worked out the calculations for financial measures in same question.
MCQS were really tough. Testing more knowledge(through theory) than calculations.
Fingers crossed. Good luck everyone!September 7, 2016 at 11:37 pm #338858.
September 7, 2016 at 11:38 pm #338859@dralec12 said:
Has anyone answered Q32a using Throughput accounting with Betta (limited to 12,000g per month) as the bottleneck constraint? and then calculated the optimal production of each product based on the ranking of Throughput per grams?You are not alone my friend. We used the same technique
September 7, 2016 at 11:50 pm #338861@louiseabigail said:
I had a shortage of approx 11k of beta. Majority went on the 5k of shakes. Leaving only 4500 for the cookies and cakes. Getting a protit of around 22 or 23k and the deciding if they should honor the contract or not i got a profit of 41kLoved question 31 think i wrote about 4 pages and did about 8-10 calculations. Hopefully i get the full 20 marks for this.
Hopefully done enough to pass
Can you elaborate a bit about the calculations in 31.
And in 32, 5000 shakes for encompass health were apart from current demand and so 5000g had to be deducted from 12000g of beta first leaving us with 7000g of Betta for current demand of cookies cakes and shakes. The question specified that shakes for encompass health were not included in the table and what would our revised Opp be if we honored our contract to encompass.
So it was 5000 shakes for encompass, followed by all cookies, some cakes and 0 shakes of current demand.September 8, 2016 at 1:06 am #338865Hi,
The question was on Limiting Factor Analysis not throughput although it’s similar. You have to further divide each contribution by the amount of Betta they needed per unit and then you rank them.
Cookies are first, Cakes second and Shakes last because of the contribution per unit of the limiting factor (Betta). Based on limited availability of Betta and the ranking, all of the Cookies and Cakes could be made. It was just Shakes that could not be completed to meet the demand.
That’s what I did!
September 8, 2016 at 1:29 am #338867Hi can anyone one remember the ans for that question 26-30 pls
September 8, 2016 at 3:02 am #338870Lily …I guess 15.9 answer is correct
because question says ..they sold net value of 40000 asset for 50000 and replaced another asset costing 250000
so I guess – 1000000- 40000 + 300000
IT SAYS REPLACED THE ASSET SO
50000 is exchanged for the asset …they had to pay 250000 and replaced asset value of sold asset for the new one is 50000 .altogether 3000000
blockquote> @liliyasolo777 said:
ROI:
Profit = 190 000 + 10 000 (net profit from selling asset)
Net assets have been increased to 1 260 000$: 1mln + 250 000 + 10 000 (as increase in net asset from disposal old machine)
ROI = 15.87%But now I can see that I wrong – It was necessary to deduct 40 000….I forgot((((( I believe that the answer would be ROI = 200/1220 = 16.39%
September 8, 2016 at 3:55 am #338881For those who take the CBE exam, will the result be released instantly?
September 8, 2016 at 4:08 am #338882can someone tell me the answer for ROI
September 8, 2016 at 5:19 am #338890Even I think it was basee on limiting factor because a question can be based on only one section and chapter and so 32 question was full on limiting factor throughput accpunting is a different chapter that too in section A so I dont think it was throughput. But after i found limiting factor i rankes according to what was demandee in the contract so i ranked shakes first because they had to fullfill the contract first and becausw of that none of cookiesand cakes could be produced.
September 8, 2016 at 5:25 am #338891My maximin and minimax were 450 and 960. Is that correct? And in question 32 i ranked shakes first because of contract but i found contr. Per LF and then ranked shakes first and then in the b part i wrote its affectinh profit of other produvts so contract shouldnt be continued. in the next part the optimum point was B right?
And in ques 31 what calculations were required? I just found % differences in everything from 2015-2016 while discussing. Is that correcr?September 8, 2016 at 7:26 am #338925Frustrating I forgot to divide contribution by the limiting amount of beta, I ranked in cs ratio order.
For the second part of it though was the correct answer not to honour the contract as limited resource produces more contribution on other products so profit would be higher?I got optimum point as C..
Minimin 450. Minimax regret I got confused with how to calc so think I just took a guess at 650!
September 8, 2016 at 7:29 am #338926Question 31 i mainly did percent differences too.
Also net and gross profit margins..
And Amount percent of late deliverys had increased - AuthorPosts
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