PM*** F5 June 2011 Exam was … Post your comments here and vote in Instant Poll ***

The exam was disaster, i was expecting some questions from environmental and CVP, also most of the question parts were inter rellated so if you do not get the right answer in part A, it will not be easy to get right for the rest.

Hope the best

i found it easy

who said that only those topics can be examined that have been examined before??? what are the people thinking who are complaining about this?? OMG.

The paper was not bad like many Students say, in fact all the things which came are things which all accountants should know or should have known before or at the time of sitting for the exam.but my point is ----the paper was soooo trick that it left unforgotable marks and scars in the pure and intellegent mind of the well prepared student like me.

A pass is not a gurantee this time i will wait for the results

do any1 remember the answers of q1a profit table?

Tough paper specially Flexed budget

hey clever people here let us the middle range have a moan here we all know you are clever so you will have acca before us and get more money than us so one place you leave us a space to moan is here please we beg you don';t put more salt on my ............

@kienyboy said:
hey clever people here let us the middle range have a moan here we all know you are clever so you will have acca before us and get more money than us so one place you leave us a space to moan is here please we beg you don';t put more salt on my ............

You are only bound to your level of intelligence, to how much time you put in to studying!

I am one of those who like to be well prepared and do try to be as well prepared as possible. All four of ACCA exams I've done before I found more or less easy but I do have to say that F5 is the hardest one so far. Even though I felt quite well prepared, it did catch me out a bit and am not quite sure what the result is going to be... It is really stressful knowing how much time you dedicated to preparation and it might not have been enough! I can imagine the disaster this paper must be for those who do not dedicate to study as much!! Fingers crossed for all us guys.

Balanced Scorecard..saw it 4 the 1st tym..now i'll neva 4get wat it is..!!!

Don't worry OT peeps... Keep your head up. Intelligence is not a trait, it can be learned. Just enjoy your summer, wait for the results and if it doesn't go your way, show the examiner your resilience, determination and ability.

We can all do this. Just be strong.

@curiousmeerkat said:
I had the three different production levels on the right hand side (350,000 bags, 280,000 bags and 200,000 bags), and the three different weather conditions along the top.

The contribution per bag was $5. Depending on the amount produced and the weather, I basically did (Production x $5) - (Difference between Production and Demand x $0.50), as if they weren't sold it cost $0.50 to be scrapped.

That's what I put, I hope it is right as I'd like the 8 marks!

I think the bags which weren't sold had to be multiplied by £0.50 (disposal cost) + £4.00 variable cost, so $4.50 as not even that the business would recover

no hope for passing this time :(

it would be nice to have just a half time more..

I just read some comments and I need to say It's nothing to do with how intelligent you are it's how much you put into studying. I always try to put 100% into my study yet still this paper threw me.

You can never second guess what will come up it is best to try to cover all areas which I did try to but some parts were still stuff. Never mind it's not the end of the world can always re take.

i want to admit that whole paper wa too difficult to slove. it was a tricy paper. and i wa surprise to see the paper.

Question 3 flexed budgeted was not something that i study in open tution and Bpp and i waited wider question about variance ,other questions were ok and i was satisfied with my knowledge from open tution text.

I think quite tough.....I don't even finished all the question. Hopefully can pass. All the best for myself. God bless!

I agree with Jassib..can anybody tell me how the flexed budget had to be calculated?

I think the examiner wanted us to prepare a flexed budget for the actual number of meals which was 1560. But u have to be very careful wen it comes to getting the labour rate. because wen the order exceeds50, the have to be paied $12 per hour. what i did was dat i divided 1560 by the number of days worked in the month (i.e 6days a week: 6*4=24days worked in the month. 1560/24= 65. which shows that an average of 65 meals was ordered in a day in that month. there fore increment of 5 within 15 left in 65-50(15) would be $12* 3=$36 per staff a day plus the normal pay which is $8 per hour. multipled by the number of days and also the number of staff in the restaurant.
I have to say the question is complicated enuf but not realli new for sum1 who has been an accountant for years.
I see so many people here quotind a price function instead of a demand function. at least ma first degrree in Economist lets me know dat demand function is Q=a+bp. if its price is $735 demand function would be 1000=a+735b. if it increases by $15 demand falls by 1000 units which gives us the second equation 0=a+(735-15)b. then u solve the equation.
for more info contact me on ojiakuchibuike@yahoo.ie. tnx

It was too difficult paper for me. I was prepared well and i still have confident to work with well in exam, even i didnot understand the paper as the is not according to my expectation. Amazing thing is that theory portion that is examined too difficult was so easy and straight forward in this attempt. i hope i will pass on theory basis. inshallah praying for all guys.

funny enough I think I did well on flexed calculation but other were total sugar

ACTUALLY THE QUESTION SO NOT SO MUCH DIFFICULT, BUT MORE PUZZLING. I DIDNOT DO GOOD. I M SAD

it was good and bad

@curiousmeerkat said:
You found it easy? When you get your results slip, please post proof of your high mark here for us. We'll then all come to you with questions.

That was a hard paper.

Amen to that!!

I found out that in some of the question I didn't remember even the structure or the formula. Most probably i will fail.

Throughput and flexed budgeting were very tricky,was hard on time management but hope for a pass.

sad! i dont really know what to say, the throughput was hell and flex budget. EXMINER ANN IRON was hard on us. i thought of it because her name ANN IRON the word "IRON" means HARD That is why our F5 was very HARD on us..... please, when choosing F's TO WRITE, FIRST THINK OF EXAMINER NAMES BEFORE ANY OTHER CONSIDERATION... WELL, WHO CARE. HOPING FOR PASS.. MY HANDS ACROSS TILL AUGUST.. THANKS OPENTUITION FOR YOUR SUPPORT...

It was a challenging paper, but impossible for me to finish all 5 question within time limit. I completed 3.5 question expecting a pass.....

the exam was very difficult. could only do throughput q5. flexed budget i totally forgot.as for the hospital scenario,it was horror.