- This topic has 138 replies, 51 voices, and was last updated 7 years ago by
.
- Posts
I agree the paper was not extraordinary, regular questions. however, in sec A they were really too long. It’s supposed to take 2 mins per q to solve but it took me 5 mins only to read all the info
As for sales price variances , I’ve got 46K and 69K both Favourable
I choose $69,000 (A) not sure of the $46000 and I agree with you. The questions are too long which doesn’t give much time to do Part C which also has very lengthy questions. The time is too short and it causes me to misread questions which I could answer better had they given more time to read and analyse the information.
@france125 said:
I choose $69,000 not sure of the $46000Same
Question 31a has to be the weirdest exam question I have ever seen. How are we to calculate value for a when we don’t know the current price and current demand????
The exam questions were very lengthy though!! I spent over 10 minutes just trying to understand what’s happening in 31a. Even the mcqs too!!
i agree. They made the questions complicated. I could not attempt MC question and RoI question was also so twisted.
🙁that is exactly what i wanted to know between i calculated it as 500 what was yours?
Guys what you did in the graphical MTQs… My answers was FIxed Cost=P-R nd for contribution i choosed the option A
@mika84 said:
Q31
P=a-0.0004*1mln
Mr=a-0.0008*1mln
a-800=Mc
Mc is calculated
Then,
A is found
Then put value of “a”into P=a-bQ formulae.
Please, who did the same?and what was your MC
@bilalkazimi said:
and what was your MCAbove calculation is not right.a should be 400.
However, I hope, examiner gives marks for calculations…I don’t remember exact figure, bUT materials were straightforward, grams by price.
Labour :time for 1000-th (total Averase 1000 batch less total average 999 batch) at $18.
fixed overhead:$2 over 4 because $2 was counted for 250000 batchesAnyone knows the answer for question num 3rd about school 1 and 2
I just went with cI don’t think so u will get marks for just steps or procedures
When u have got wrong figures such as for a
Mr=mc profit maximise price .units and the profit statement belong to just point a
If it is wrong so all steps will give wrong answer
Am I right@vrindaaghi said:
Hiya, what was your value for MC? as in variable cost?I want to hide my face 🙁
Vindaaghi, did you add fixed cost into calculation of mc?
@sarmstrong said:
I think it said depreciation was managed but not owned by head office so it should have stayed in the division? maybe im wrong but i didnt deduct itI think you are correct, as the division is using these assets, hence they should be charged the depreciation rate. I was very hesitant and stupidly enough I deducted and added it back.
about question 31:
MC = 208.66 ( material: 200, machine hours : 2, labour : 6.66)
MR = 400-0.0008Q
so get the P = 304.33
anyone got same answer?question 3:
it is said that goverment ranks based on total point so i guess gov choose school 1, the higher. however, parents consider academic factor as the most important one so they could prefer school 2
i dont remember exactly which answer but the right answer should include above idea@tuuyen123 said:
about question 31:
MC = 208.66 ( material: 200, machine hours : 2, labour : 6.66)
MR = 400-0.0008Q
so get the P = 304.33
anyone got same answer?I got exactly the same!! The same logic !
@avbosip said:
I got exactly the same!! The same logic !And b is market skimming method right?
@tuuyen123 said:
And b is market skimming method right?I have answered saying – as long as company has a patent and new companies are restricted, the best variant to use skimming; once patent comes to an end – the best thing will be to switch to price discrimination. I feel that would be the best variant for business to do.
This sitting was my second time yet again the exam questions were very tricky, I hope to God I pass it this time.
I did some silly mistakes question 31. because the current selling price was not given in the question I assumed a selling price as 100.
I said in the answer assuming the current selling price is 100, how stupid the marker will see it not sure.
it had never come to my mind that P= a – b*q at demand is 1 million
so did the following first find b which is 25/1M = 0.0004
then
p = a – 0.0004 * 1M = a -400 and due to my assumption of the current price of 100 the selling price at which demand would be 0 is 500.
it had never come to my mind that P= a – bQ hence 0.0004 * 1m equal 400 until left the exam room :(.
the learning curve and MC and MR calculation were correct but due to my assumption the quantity and selling price net profit were wrong, I am hoping they only punch me once for the 100 which had led the multiple errors.
32. oh boys this was nothing close to easy.
assets controlled by the head office not sure about this one but anyways I added the depreciation back as I assumed that the assets are not relevant to the division’s cash flow but again these assets were used by the divisions so not too sure about this one if that the case then ROI and RI are incorrect, which leads to the performance analysis to be disaster.
MCQ, I spent most of my time on them I think most of them were tricky but the trick was easy to spot,
overall the exam was not fair at all as there were so many questions and time not enough to provide a good and well-explained answer.
- The topic ‘*** ACCA F5 September 2017 Exam was.. Instant Poll and comments ***’ is closed to new replies.