PM*** ACCA Paper PM December 2019 Exam was.. Instant Poll and comments ***

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. ;)

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

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 quote C 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

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 everyone

Section 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 20000 a) 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 $4

In 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

I also got this question What did you work out the transfer price to be?

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 Pricing The 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) $4 Full 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. 84,400 Cost 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) $4 Full 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 $25 I'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 $50000 Total costs: $1750000 Revenue: 1000customers * 4 year * $300 = $1200000 500customers * 4 year * $300 = $600000 Total revenue: $1800000 Total profit: 1800000-1750000=$50000 Profit per customer: $50000 / 4000 customers=$12.5 I think my guess was right

1000 customers Year 1 1000 new customers + (1000 last year - 500 left) = 1500 customers Year 2 1000 new customers + (1500 last year - 500 left) = 2000 customers Year 3 1000 new customers + 2000 customers last year = 3000 customers Year 4 You ignored the fact that customers left in Y2 and Y3. There was no revenue from them, and no costs.

My computer didn't work for 2 hours. And I started the exam at 15-30. This is a nightmare. I missed the train back. This is the worst ACCA preparation for the exam as I have seen ever. For what we pay?

i'm actually confused on where to start. All the sections were difficult. I'll confess i was not well prepared but nevertheless i still HOPE for a 50%

Did anyone take the exam in Reading The Pavilion! the air con was on at 21 degrees !

section A, was okay section B - CVP,ABC and Rolling budget; though these questions were not bad, i just struggled with the computer, the screen was small, i spent 30mins probably maneuvering the screen for the whole exam, it really pissed me off tbh we should be given a choice of paper based or computer, and if its mandatory we use a computer, the screen should be big enough to view the content of the questions at once, this really got me soo annoyed yesterday to the point i lost concentration and i couldnt get back in to my head. There is exam pressure already and i dont need anymore pressure from the computer. itsfrustrating section C i had relevant costing and transfer pricing, questions were not so bad

What was your profit for packing and radio divisions and for company as a whole in sec C question with TP? Anyone remember?

TP - 6 profit - 20,000 packing radio- 1380000 total 1400000 when TP- 4 loss of 20,000 group still maintained profit of 1400000 when they bought from external supplier at price of 4 group profit reduced by 40,000 i think...

That’s what I got profit of 1,400,000 Can’t remember of profit of when brought by external supplier. Did you get the payoff table for the protein shake