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

@robertroddy said:
Parts A and B were testing but straightforward – 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??

I had the same questions. There was just too much to read!! I didn’t like the mix of multiple choice q’s either. Definite fail!!

@nisathepizza said:
Yes I got the same. How did you approach the incremental costing question on the Hotel & Water Park?

Hotel and Water Park………….Anyone can suggest how the marking break up would be

Hi – you never know you may pick up enough marks. I think it’s silly that the question wording is designed to confuse – I recognise its to challenge candidates but one question was more about trying to understand what was being said rather than testing application of skill.

@robertroddy said:
Hi Alina – I had the same section C Qs. I Got really confused with water park/Hotel one so I’m sure i will have only picked up a few marks for method/the easier revenue/cost lines.

For transfer pricing I reached a different conclusion – that both managers would prefer to trade externally to benefit their divisions revenue but marginal cost for the company to produce mattresses was lower that the external purchase price so that both managers would benefit but the company was worse off ? Not sure if I misunderstood the scenario or not?

Robert, I think I had about 5 minutes of only thinking from where to start on the hotel question, is done anyway, hopefully we will get some marks. I stated to close the Hotel for the January and keep the water park open as the overall loss according to my calculations was the less than having them both closed or both open…

Q2 I think we have the similar answer as the profit was higher for the company if was to buy the mattress from the external supplier… this was my first attempt, tomorrow I’ll have a second try on F7….

@khilen said:
I got this question to… I totally made it up – not sure what i did was correct.

What i did was for each (hotel and water park) i listed out the revenue less relevant costs to come to a total net figure???

Is this how it was supposed to be done?

Same here just listed the revenue and costs in different scenarios and analyse at the end…I hope they have mercy on us and give us some marks…:))

A similar question to Beds and Mattresses is in past paper March/June 2018 on the ACCA website.

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.

@alinawallner said:
Robert, I think I had about 5 minutes of only thinking from where to start on the hotel question, is done anyway, hopefully we will get some marks. I stated to close the Hotel for the January and keep the water park open as the overall loss according to my calculations was the less than having them both closed or both open…

Q2 I think we have the similar answer as the profit was higher for the company if was to buy the mattress from the external supplier… this was my first attempt, tomorrow I’ll have a second try on F7….

How did you get loss for hotel? did you multiply with 31 days of January, since data was given on per night basis.. I had got profit for both of them

I had both as profitable – I remember multiplying by 31 days which I nearly missed initially as it wasn’t needed to arrive at revenue for the water park if I recall correctly. The challenge with these discussions is to start worrying when you realise you have a different or possibly wrong conclusion to someone else. Hopefully the ‘own number’ rule means we can all relax, so even if we’ve missed the initial mark we will benefit from our commentary on these calculations where they’re valid – fingers crossed ?

@khilen said:
In the MCQ Section A – there was a question on what protection can the company put in place to prevent employee gainig unauthrosied access to it… What was the answer???

I put encryption and firewall – Not spyware…

This is bugging me

Was it the same one about how the employee used the finance director’s log-in detail and accidentally sent staff salaries details to everyone?

The answer should be granting the employee with different level of access on data records.

That’s how I captured them and stated that assumption under the £0, as I noticed this was referenced in previous examiner feedback as missed marks for similar questions

this is good to hear. I only put the 0’s did not get to mention why as I was rushing for time. Also for the other part of the question with thoughts to consider before making the decision what were some of you guys responses cause I felt unsure about that as well. I spoke about the safety of having the water park open and how it will affect staff working hours

@shehzadhussain said:
Hi I have the same ans adv price 3975 for planning
For operation 710 fav

Usage 1600 adv for planning
600 adv for operation

And 3rd part of this question ans was the revised price which they should budgeted for next month

I got the same for usage variance 1600 adverse planning & 600 adverse operational.

However I believe for price variance I got 710 favourable in terms of operational but 1775 planning.

Good luck