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Today’s PM was quite difficult for me.. Part A and B were the hardest, I actually enjoyed Part C..
On the road I accidentally stepped in dog poop, so I figured out why part C seemed easy for me :))I agree it was very tough, as loriszabo mentioned A and B, had some very hard to do working backs calculations. Part C, had two good questions, one on variances and another financial performance. Liked both but it seems the requirement is not adamant of time constraints, or else is my bad exam technique. 😉
My section C was very difficult. Had the profit table/EV one and the transfer price one. Could not work out the transfer price at all, it said cost of the full box plus 20% mark up but I couldn’t work out the full cost of the box!!
It was an okay exam. Section A and B is a bit tricky. I got stuck in a learning curve question which appeared on section B. There was a question on financial and non financial performance performance indicators in my paper. I’m expecting at least 18 marks from this part. Does anybody got Relevant costing in section C. If yes, how was it? Was it hard?
Was fair for me. Keep fingers crossed I passed this time. Section A&B tricky cause no much guess work. Eat what you kill kind of structure. Struggled my way through Sec C on ROI and RI. Could not finish question on profit table. Got confused by set up costs and time was not on side. Overall fair compared to Sept exam which
was as hard as stone to me.???Aww man same here, section C was terrible, I got relevant costing with transfer pricing. Even section A and B were tough, not a single question on variances, throughput, performance measurement. It seemed as if it was stuck in Activity based costing and relevant costing. Well onto march 2020
I agree Mrfukamachi, my section C had the same questions. just awful! Overall the exam was quite tricky for me. I’m hoping to pull marks from Section A&B.
Anyone else get transfer pricing and relevant costing in Section C? keen to know how other’s found it
Section A was okay section B 1 otq– throughput accounting otq2 learning curves and pricing otq3 demand functions with graphs table and chair one.
Section C performance measurements 14 marks discussing 6 marks was for calculations headlines profitability liquidity one more can’t recollcet.
2nd question was identifying lowest relevant cost to tender contract of inflate ables with reasons to included or exclude.
B part what are the implications of lowest cost for contact quoteC part was what is the implications of considering contribution per labour hrs
I was not able to go thru performance measurement and chunk of budgeting part so was very hard exam.
Sections A and B were ok for me, there was a couple of tricky questions in there that I really wasn’t sure on but overall I think I done alright. I was happy with Section C, I had transfer pricing which I really like and relevant costing which was also ok.
Not sure what to make of it. Section C was tricky for me, especially the 2nd question on Decision Making. I was running out of time. I wasted a lot of time on silly things which cost me in the end. Will have to see what the results show
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Sections A & B was a little tricky, section C got financial performance and material varinace questions
Overall a fair paper. I hope for the best. Good luck everyoneSection A and B were horrible, but I may have scraped a pass. Section C I found quite easy but I feel as though I may have misunderstood the questions, I had transfer pricing and relevant costing.
I was dreading getting a Section C question on transfer pricing but I think I did pretty well on that one. Time will tell!
Good luck for January 13th everyone!
I have same payoff tables, im confident 16-18 marks i gained. But TP is not so good my group profit is not equal if TP changes to $4.
As i remember task was somethig ….Div Packages sells only to division Radio. Tranfer Price from div Packages to div Radio is full cost + 20%
Div Packages Div Radio
SP $220
VC $1 $120
FC 80000 200000
Volume 20000 20000a) Prepare profit statment for both divisions and for Total Group
b) What if TP would change to $4
c) Discuss advantages and disadvantages applying TP $4In section c I had payoff tables and transfer pricing. I’m sure I lost lots of marks on both questions.
Section b learning curve was tricky as they were batches and it made me confused.
I was disappointed that no variances, ratios, balance scorecard, building blocks. I revised so much and lots of stuff just didn’t come up.
I think we got the same questions. The a and b part was time wasting and tricky. The part c was okay too, but I had wasted time so couldn’t put down much. I hope for the best. It was my first cbe paper and hopefully the last
Lots of areas didn’t come up for me, nothing on learning rate, ROI/RI, financial performance, linear programming and only 2 marks on variance which was easy (variances probably my weak area).
Section B on ABC, CVP and Budget
Section C on Relevant Costs and Transfer PricingThe TP was quite easy compared to questions in the exam kit and study text
Hope to get 75%
I got $6 dollar for the transfer price
VC $1
Fixed cost ( $80k/20,000 unit) $4Full cost $5 + 20% $1 transfer price $6
What did you get it . For package n radio
I didn’t find sections a&b too bad but got the awful transfer and profit tables questions for section c like a lot of you. However Atleast you can get the own figure mark in section c so even if the cost of the box isn’t right it won’t effect the rest of your workings. Fingers crossed I get a pass as this was a retake as got 44% in September sitting. Good luck to you all and don’t worry about it now and enjoy Xmas 🙂
This is what I done for the pay off table
Price
Demand $35. $33
3000. 69,000. 63,000
3500. 80850. 73850
4000. 92400. 84,400Cost was I think was $11.90 (. This includes distribution
4000x 35 – 4000x 11.90
Let me know your feedback on the expected values I used the results above n worked the probability for each demand
got $6 dollar for the transfer price
VC $1
Fixed cost ( $80k/20,000 unit) $4Full cost $5 + 20% $1 transfer price $6
I got $6 as well.
I wasted too much time on the rolling budget, which is quite difficult for me
And I don’t know the answers to the last question about relevant cost (lowest cost quote), and the other one regarding contribution for short-term decision. Haven’t seen them in BPP.Did anyone have the bank selling the Gold account in section A? I spent way too much time on that one and ended up guessing, really threw me off.
Overall I managed to answer everything and just hope I picked up enough marks along the way. Pleased how I felt for my first attempt.
Good luck everyone
I have same question about Golden Ave
The scenario was something like this
“The bank introduce Golden Ave card for four year. Total advertising costs was 50000. Every year new 1000 customers coming and paing for each year $300. 500 customers cease card after 1 year and another 500 customers cease card after second year. Bank spend $400 for first year support and $50 for second year support”.
The question was something like this:
What is life-cycle profit per customer?Answers somthing like this
A $12.5
B $15
C $22.5
D $25I’m spend time and at the end decide to guessing $12.5.
Today my solving is:
Costs:
1000customers * 4 year * $400 = $1600000
500customers * 4 year * $50 = $100000
Advertisement $50000Total costs: $1750000
Revenue:
1000customers * 4 year * $300 = $1200000
500customers * 4 year * $300 = $600000Total revenue: $1800000
Total profit: 1800000-1750000=$50000
Profit per customer: $50000 / 4000 customers=$12.5I think my guess was right
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