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PM*** ACCA Paper PM March 2019 Exam was.. Instant Poll and comments ***
I had the exact same section C question. I only attempted RI and ROI question, didn't have time to attempt the optimum production plan question.
what were your ROI calculations on process 1 and 2
mine were 19.something and 25 % for process 2
I think i wasn't able to completely give the strength and weaknessess of using RI for divisional performance but did give it a try
@ceriset said: It looks like I was the only one with different C section questions :). 1) RI and ROI impact on divisional manager's decision 2) Optimum production plan calculation with scarce resource. Anyone else here with the same variant?I had the exact same section C question. I only attempted RI and ROI question, didn't have time to attempt the optimum production plan question. what were your ROI calculations on process 1 and 2 mine were 19.something and 25 % for process 2 I think i wasn't able to completely give the strength and weaknessess of using RI for divisional performance but did give it a try
@mrfukamachi said: I had the exact same section C question. I only attempted RI and ROI question, didn't have time to attempt the optimum production plan question. what were your ROI calculations on process 1 and 2 mine were 19.something and 25 % for process 2 I think i wasn't able to completely give the strength and weaknessess of using RI for divisional performance but did give it a tryYes, I had the same calculations - only Proposal 2 ROI was above target ROI, although it had smaller RI if comparing with the Proposal 1. I wrote only two advantages and two weaknesses of RI, not sure it will be enough. I've attempted first question as well and managed to calculate optimum plan, but couldn''t understand how to calculate minimum penalty. Did you have one question about sales variances in B section? I was rather confused with it.
So in the
@khilen said: omg I had the same issue!!! I went for 1 month in the end!!! I also had Best Co Night Hotel question - I only did 2 workings for financial performance measure (ROCE and Operating profit margin) and 2 on NFP measures such as Customer satisfaction gone down and one more???So in the end what your conclusion on keeping it open or shutting it down? I got both as in profit but thats becasue i took the costs amounts as for one month not two.
I attempted the paper format,it was quite tough in section C,does anyone remember the answer to the question of environmental production run in section A?
And what was the answer to the first question?
There was also the question for gathering information for training staff,the source of information is external since it is for finding customer preference for a product and price sensitivity,my concern is that whether the training costs for interviewing them is either direct or indirect cost?
I had same question about ROI and RI with two proposals.
It was annoying how at the right hand site of the screen I had available a word pad instead of excel spreadsheet.
So I lost so much time to write calculations on Word.
I’m totally disappointed of the CBE format. I didn’t expect it would be that elementary.
They could give a spreadsheet next to every question for calculating instead of using calculators.
@simspetya said: I had same question about ROI and RI with two proposals. It was annoying how at the right hand site of the screen I had available a word pad instead of excel spreadsheet. So I lost so much time to write calculations on Word. I’m totally disappointed of the CBE format. I didn’t expect it would be that elementary. They could give a spreadsheet next to every question for calculating instead of using calculators.I completely agree with you! I was really annoyed with wordpad instead of Excel! Had to doublecheck all calculations. Have you completed the first question?
Are there marks for Own nukber rules?really?
Hi ceriset
... first question do you mean about the coal price and usage variations?
I did only the a part of it with the variations. I really don’t remember the figures but I checked the sum of all four variations gave me the total material variation, which is the difference between the total budget cost of coals-12000 and actual cost-15thousand and something can’t remember.
@simspetya said: Hi ceriset ... first question do you mean about the coal price and usage variations? I did only the a part of it with the variations. I really don’t remember the figures but I checked the sum of all four variations gave me the total material variation, which is the difference between the total budget cost of coals-12000 and actual cost-15thousand and something can’t remember.Petya, my first question was about optimum production plan to maximise contribution.
In ROI and RI question I still am trying to make sure that I hadn’t missed any tricks:
We first had to calculate ROI and RI without any proposal. I only used the amounts for profit and capital employed without any adjustments, right? There were no figures available for depresiation or anything else.
In the proposals I didn’t adjust the capital employed with the cash for buying the machine as they said that cash flows are not manager responsibility without even mentioning how much it issue , right?
But now when I’m writing about this I start thinking that they were talking only about the cash already available and that cash from any future deals are actually of the manager responsibility.
How did you deal with this?
Petya,
I had used the same approach - firstly calculated ROI and RI for existing situation without any adjustments.
After that I've calculated controllable profit and capital employed for each proposal following with RI and ROI.
At the end I've realised that I have completely forgotton about cash, so made no adjustments for it.
I think that you were right about excluding cash flow from buying the machine.
I went with 1 month as it referenced the figures were based on the first two months if I recall, rather than them being total figures for the two months.
I wrote an exam after nearly 12 years. An exam that wasn't a language exam. So this PM exam was like going back to school
I gave the paper based version and I attempted 92% of the paper. Had to leave the an 8 mark bit in the bed and mattress question.
Section A and B had a few theory questions that I was weak at. The through put question seemed challenging to me.
Just hope I can clear this exam. I pray and hope the same for everyone else here.
Yes - it’s in the examiners guides and technical article on performance evaluation. It’s done to ensure that one mistake doesn’t prevent further marks being earned.
I hope the five questions that are going to be picked for whatever reason and are not going to be part of our marks,
would be out of my unanswered or wrongly answered ones.
@robertroddy said: Yes - it’s in the examiners guides and technical article on performance evaluation. It’s done to ensure that one mistake doesn’t prevent further marks being earned.
What were your Part B scenarios? I remember one about badmintons & racquets and one about cakes but can’t recall the third one.
@snehamurria said: What were your Part B scenarios? I remember one about badmintons & racquets and one about cakes but can’t recall the third one.I had scenario about racqets. Didn't like it :)
@khilen said: omg I had the same issue!!! I went for 1 month in the end!!! I also had Best Co Night Hotel question - I only did 2 workings for financial performance measure (ROCE and Operating profit margin) and 2 on NFP measures such as Customer satisfaction gone down and one more???I calculated the % increase or decrease from prior year for each revenue stream as well as the operating costs. I made reference to the fact that the increase in operating costs was likely due to the poor ecomony, eg inflation etc. NFP measures I discussed the customer satisfaction score decreasing, the quality of service decreasing (bearing in mind Best Night pride themselves on high quality) and the fact that customers commented that the hotel rooms were in desperate need of being refurbished. These factors made it clear that Best Night co were likely to lose repeat customers and wouldn't be increasing sales until these problems were solved. I advised things like staff training to increase the quality of service...
Thanks yes that’s look better
Did you remember what was your ans in 2 mark question where ilthey ask what would be budgeted cost for next month
I just put revised cost for next month budget.
Did you get McQ regarding usage of package it’s something like to pack the ingredient or so
Do you remember the ans
Do you remember the other two from Part B?
snehamurria
One question was about variances (for two different TV) - so had to calculate sales mix variance.
One more question was about target costing. Rather tricky, I should admit (and I was sure, that target costing is the area I know almost perfectly).
@robertroddy said: Parts A and B were tricky testing part C was tough with both Transfer pricing and incremental costing questions containing a lot of info to digest is the time available -did anyone else get the same questions??
Teeland was horible?
Anyone had question about Sportswatches, Tymewatches in section B?
And in section C about 2 Train companies, one being government company in a bigger country, other being private company in a smaller country, and question was asking to assess companies based on their NFPM???
I dont see any comments on this questions ?
Just copy and send this message to ACCA from your ACCA registered email to let them know what actually happen in the exam with students ...
"I want this message to be forward to the CEO/MD of the ACCA Headquarter. Yesterday I sat for the F5 / PM exam. Now I want to ask you to why are you taking money to us through an exam fees ? if you beg to us for $142 dollar we would give you for free !! But you have taken this money by a crime! Yes its a crime ! All we have study from our study text, exam kit and other online resources has gone in vain. Exam question is completely different and complicate from our study resources. What kind of behave is this! And we get a very short time for a very big exam question that to complete in 3 hour 20 minutes. This is not possible , you may take a survey.. And the exam fees are too high though your exam costs become lower due to CBE system. Despite of this you are taking high prices from the students just to make a high profit?! ACCA become business organization not Educational organization. You don't have humanity at all ! No middle class family students can deserve ACCA degree! Last year we request ACCA to lower the Annual fees but they didn't (did for new students only). We student of Bangladesh asking you why you doing this to the students? I urge to ACCA to take into account all my complain and requesting to take a good step which would be good for all students, affiliates and members.
Sincerely,
A student of ACCA."
I am slightly confused – I had absolutely different questions in C section. The first one was about optimum production plan, the second – about RI and ROI.
Variances were tested in B section in my exam variant.
No learning effect or risk were tested in exam.
I got the same question. I could not do the optimim production plan question. Too complicated, the time for the exam is not enough. Not one question on performance management, risk, learning effect.
@hanazono said: I had the optimum production plan too, couldn't really decide what the minimum penalty was. In part (a) was the constraint machine hours?Yes, the constraint was machine time.
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