ACCA PM exam was – September 2021 Exam – Instant Poll and comments

Good for section A, normal for section B and horrible for section C, anyone same?

The exam was okay. The section B was super tough for me, especially the “incomplete” contribution graph.
Also had the transfer pricing question and variances in section C.
Twas relatively tough. You have to know it to even attempt the question.
Hoping for the best.

Can you tell me what did you get the ans for learning rate for section B ?

Firstly I want to thank Mr John Moffat for the lectures.
No complaints, almost every lecture was tested.

That being said, Section A was decent.
Questions came from:
ABC costing,
Not-for-profit organization performance evaluation, ie, value for money
CVP
Learning curve
Throughput accounting

Section B was a little more challenging:
Target Costing
Reading profit-volume chart
I can’t quite remember the 3rd one.

Section C was a little easier than I thought:
Material price and usage planning and operational variances.
Very straightforward 12 marks then explaining the results on the performance of the manager.
Then there was transfer pricing, creating a profit or loss statement showing transfer pricing with internal and external sales, calculating the effects of profit when transfer price is changed to a certain amount, and explaining the advantages and disadvantages of setting a specific transfer price.

Generally, I can say I was quite happy with the exam, there were very easy and straightforward marks to gain but I did struggle with time so unfortunately by the time I reached Section C I was only left with about 30min and this was a downfall for me. I did manage to finish section C but doing it rushed was a little bit of a deal breaker for me

I shall forever salute Sir John, to be honest he is better than most paid tutors however section B abused me

false

False. I put both statements false. Second statement was about learning rate not effecting variable overheads, but question said they were affected by labour hours, so false.

i think we had the same exam, was yours 1:30 sitting? Capability Co and the bin people? and the flower company?

Is it different region had taking different question? Saw someone is transfer pricing but some is ROI&RI in section C

Also did anyone get labour efficiency variance at 22806 adverse in section B.

There was a question on when the learning curve is to be applied…options were people lack expertise, the process is repetitive and people are less motivated

Learning rate is correct 82%. Also labour efficiency was 22806 Adverse
I am just curious about the BEP graph what was the selling price.. I put it as $10.

Also in CVP assumption…
I didn’t tick that Demand curve assumption.. hoping it as false …just put 2&3.

what about the mr?

I found section A a bit tough.
Section B was okay. I remember having questions about target costing and risk & uncertainty.
I found section C the easiest. I got questions about building block model and relevant costing

the MR relates to another question in sec a… the 33.33 and 50 is the margin of safety..im guessing 50 is the margin of safety