*** F5 December 2015 Exam was.. Instant Poll and comments ***

What did people out for question 5b? Key limiting factor analysis. This completely through me and I kind of guessed. I put material a as limiting factor and I think 240 components of x to be outsourced. Didn’t like that exam waaaah.

I agree with Material A being the limiting factor.

I can’t remember the detail to the rest of it, though.

Material x took 1 kg of A at 1.60.
2kgs of B at 1.50.
2 hours labour at 12.00 per hour.
3 hours machine time at 80c per hour.

Total 31.00

Question 5 was the only question which was from Planning with limiting factors. The rest were: Budgeting, Advance Variance analysis, Performance Measurement and Control, Divisional Performance Measurement and Transfer Pricing, Performane Management Information Systems. In laymen’s term, a Guaranteed Fail Paper – Did they really expect the tutor/teacher to cover these in 4 months? As for Question 5 my answer was to Purchase externally as cost of making was high (can’t remember too much stressed).

Hi Sophie, $21 seems familiar so either we’re both right or both made the same mistake!
I don’t remember the detail but I vaguely think I got labour to be $8 rather than $12. However, since it is $ and not £ I must have calculated labor rather than labour.
All the best,
Ross

Looks like I misread it. The questions overall were written very poorly and deliberately confusing. ACCA ought to review the examiner in my opinion. Its not sour grapes as I think I done enough to pass but there is really no need to deliberately aim to trap students into mistakes with wording. Another poor exam from the f5 team.

Agh yes sounds right as i got 5 for the difference between purchase price and cost thinking about it now. Atleast I’m not the only one that was disappointed with the questions in the exam. I also found question 3 part b was worth 7 marks but i couldnt think of as many points as for part c which was worth 3 marks. I think the examiner was really unfair!! Also many of the multiple choice questions I think were ‘trick’ questions and not testing our knowledge fairly and rather testing our ability to interpret questions

My full production cost for component X was also $23 and the limiting factor was Material A. 600kg left and therefore 600 X could be produced instead of the 800 requirement (400 for LX, 400 for MX) so 200 should be bought or consider to buy more material A as it means quite a lot of saving comparing to the buying price of X, mentioned shadow price in this connection.

Q4 was the roi Calculations and bonus and 2 was the investment options I think.

Well said…i dont know exactly what they are trying to do by putting so hard questions rather than make you fail…we are not going to be nuclear scientists but accountants…seriously

I believe also that ACCA really needs to have a look at the questions. You suppose to study and pass and exam not write poorly questions in order to trap! students..where is the ethics there? I am very disappointed

Why were the questions that ambiguous. I think questions should not be open to different interpretations ; that really trapped me. What did the question on throughout require from us exactly? The one with 3 options to choose from, and was anything like this in our syllabus? How are we expected to know such solutions.

That question is far beyond throughout in my opinion.

I agree the question on limiting factor is tricky but it is answerable, even though it requires too much time for just 7 marks.

Acca needs fair examiners, there is no point trying to make exams unanswerable, just treat the students fairly for pètes sake.

After converting the standard usage from grams to Kgs.. Why is there significant difference between the standard (which is converted to Kg) and the actual (which is in kg already).

I think the standard usage should not have been in gramms but in kgs (from the question)