MA*** F2 December 2011 Exam was: Post your comments and vote in Instant Poll ***

@anisasri i don't remember whether $19000 was actual or absorbed but anwae VOAR= 2 i.e. (20000/10000) so if 19k is actual then the hours would be (19000+3000)/2 which is 11000 but if it were absorbed then it would be (19000-3000)/2 which is 8000. does anybody agree? how could i figure this now.... :(

I just thought quota as it said they needed certain number in each group so they know how many of each type is needed. Can't remember question totally though so could be cluster but I thought that was breaking it down into groups and then again and then interview all in that group not just first ones. Never mind see what February holds, not holding breath for a pass

The ordering cost one baffled me

ordering cost i put 15 as in 10 to place an order and 5 variable purchasing cost, stepped cost i would say 2.67 or 2.777 i don't remember the one with a lot of 7's because you had to subtract the step cost from the higher b4 you divide.

yeah i had 15 too. any other question? do you people remember theory questions?

the new FMA feels like F5 and F3 mixed in one bottle. i noticed a trend in the exams ACCA wants us to familiarise with the new topics because they know everyone already knows the old stuff so if the new staff is in the exams we will read about it and talk about so 2@ the end of the day we will know it.

Glad I put 15 then too

Hmm. The last one.put the formula into the cell f8?what was it?
And the other spreadsheet one was option d which had 200 and Adverse.is it right?

Damn you open tuition it was great.... it was all in the video lectures... I did my best... if I pass 1000 kisses for the tutor of F2 & you....

@lewist
You may be right. But you have to care for the 10000-9000, which is 1000 left. Normally when there is under absorption, lower of the hours are worked. but in the question, over means more hours that what I got. So, 1000/2 gets 500 needs to be added to 11000. This was my mind blasting in the exam but again confused as I could not find the example of these type of questions. Yes I put the 15 as well for ordering cost. I put A for the formula in F8= F2+F6-F4 I think. Adverse results lowers the profit. but it was required more information to be given like sales, actual cost then the real profit can be ascertained properly. Theory question I put 1 and 3 for the information related to management accounting. it was tricky enough. It can contain other information as well. if you remember others you can share.

@ayeshahabib

sorry it was 400 Fav.

answer for sampling was quota sampling
and over absorbed mean more hours worked than budgeted.

answer for vc per unit is 3
i got it wrong, i put 1.67, that is i used the highest activity

@fayeez no, man, 1.67 is right. because high-low method is based on volume of output rather than cost, so should be A1.67.

for D 3, it is based on cost, it is not right according to F2 textbook page 324 of bpp

It is 3 whatever the way you calculate but make sure deduct the 5000 setup cost when activity exceeds after some activity. I have tested by not only by 9000 but others as well. Anyhow, what was the answer for cost apportionment given as algebraic way. Was it A or C?

No doubt, this time, results statistics will change due to unexpected pattern of papers. I came to know even the tutors amazed too though expecting more on new topics but didn't know the reverse engineering approach. Hope ACCA may show some leniency in marking.

So happy today, I passed F2. I wish everyone success in their awaiting result.

Sat my CBE F2 today . Passed 68%. Loads of variances and performance theory questions.

guys, when will ACCA upload questions & answers of past exam paper F2 Dec 2011 on its website?