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So far, I’ve passed 8 papers.. 6 to go
That F5 exam was the hardest I’ve faced by far.. only one easy question, the balanced scorecard & ROI/RI.. the rest caught me out, especially throughput, the scenario was unnecessarily complicated and unclear, such a tough question shattered my confidence for the remainder of the paper..
Miserable fail, roll on December and hopefully a more balanced less obscure paper..
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The exam style seems unique, some questions are not expected appear in this way! Do hope pass it! thanks!
Ask the F7 students about time pressure… if you knew your stuff this was a very manageable exam in terms of time, albeit quite tricky.
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Ok, so I now have had 24 hrs to go over this.
On balance, I think the paper was demanding, but fair. I had a little bother with payoff profit table (350000 x .25 probabiity x contribution, prob shouldn’ have included the probability, less unsold amount x marginal cost PLUS 0.50 disposal charge….. ) flexed budgets seemed quite scary but I realised that they are just the bottom half of the easy variance calcs:
MPV = AQB x AP
AQB x SP- this is your flexed amounts here….There was plenty of marks available for discussion topics- balancedscorecard…. ok, so I hadn’d looked at it in a while but what I could remember wqas easy marks..
I see a lot of folk on here mention running out of time.. I had some cracking advice at the weekend. You do NOT have to answer the q’s in order. So I focused on the discussion elements first, knowing that they would go further towards securing a pass than difficult and tedious calculations.
I think you do need to know the syllabus on whole, and I admit to skipping sales mix and quantity in favour of material mix which sadly never came up…. my bad.
But to say that the exam was unfair was harsh, if anything Anne Irons is known for her leanings towards F2, and she is perfectly entitled to examine any area of the syllabus she sees fit..
FIngers crossed for August- no point worrying now peoples, it’s out of your hands now- we all worked hard for 3 or 4 mths for this, so go out and have some fun, life’s too short. 🙂
M
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examiner focused in little issues only …. where is linear programming , Budgetting “part3” , finanicial indicators
these all easy marks that we can gain >>> he ignored all
the throughput was doubt ….- Topics: 0
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I can’t do it for Q1, Q4 and Q5. I only managed to get 1st subquestion understand.
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can anybody write down the solution of the payoff table???
just a part of it to show the right way…- Topics: 0
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I thought the exam wasnt too bad. I did struggle a lot on question 3 and 5 though. I thought question 1 was very straight forward? Or have I done something wrong as no one else seems to think this? The essay bits I did ok on as I revised it well, but got a bad feeling ill get 45-49! Flexed budget and throughput was awful! wasnt expecting that!
Alright here’s my payoff table from the exam. Let’s see if anyone did something similar (fingers crossed!):
[img]https://imageshack.us/photo/my-images/837/f5exampayofftable.png/[/img]
Maximax choose 350,000 bags to produce
Maximin choose 200,000 bags to produce
I cant remember the probabilities to do the Expected values.
What do you guys think?
Argh, my image didn’t upload. Let’s try this again:
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🙂 You are right! Maximax – 1,750,000; Maximin – 1,000,000!
It was an easy question! The second one and the third one were easy too! I had broblems with b) and c) on Throughput accounting question!- Topics: 0
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@honang said:
AnyOne can tell me what is the pricing strategy suitable for ques 2???If we have to choose between market skimming and market penetration I would prefer market skimming, as the company is in a monopolistic position within next two years and the product life cycle is relatively short 🙂
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@aam2009 said:
Alright here’s my payoff table from the exam. Let’s see if anyone did something similar (fingers crossed!):[img]https://imageshack.us/photo/my-images/837/f5exampayofftable.png/[/img]
Maximax choose 350,000 bags to produce
Maximin choose 200,000 bags to produce
I cant remember the probabilities to do the Expected values.
What do you guys think?
My payoff table is the same 🙂
Yes! That’s what I wrote! Except the lifecycle bit… 🙁
No competition => Market skimming, you can charge a high price and this is justified because your product is superior to everyone elses both in performance and energy consumption. Recover high R+D costs, breakeven quickly and then spend money on new product development.
When competition enters after 2 years(?) adopt the market penetration policy => low prices as the product declines etc.
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@aam2009 said:
Yes! That’s what I wrote! Except the lifecycle bit… 🙁No competition => Market skimming, you can charge a high price and this is justified because your product is superior to everyone elses both in performance and energy consumption. Recover high R+D costs, breakeven quickly and then spend money on new product development.
When competition enters after 2 years(?) adopt the market penetration policy => low prices as the product declines etc.
Your answer is better than mine:)
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q2) a) P = 750*0.15Q !?!?
The result for the cost in Q2 was $ 8.53, I think !?!?
Demand function i worked out as P = 750 – 0.015Q
Hours to make the 100th unit and all other units above was 0.99 hours I think…
Marginal Cost therefore was 49.99??
I can’t remember at this time.
Revision matters alot 🙁 There were few which i knew but weren’t coming into my mind jus because of no revision 🙁
Throughput was so easy i knew the formula each n everything but where i got stuck was how to calculate fixed cost i meannnnn GOSHHHH :@@@@@
In question 1 took my all time n solved it but when i did my paper then i realized my mistakes i did 🙁Hi again people, just a quick question if anyone can help? This is my first attempt at ACCA exams. I sat the F4 last week which was basically all theory, but obviously in F5 there is a balance of calculations and theory.
My question is, if you screw up the calculations, but answer the theory quite well, will the examiner (generally speaking) mark each section of the question “neutrally” if you see what I mean, or take the view “he doesnt know what he’s doing so Ill mark him down”?
The reason I ask, as many people Ive spoken too, on Q1 and Q5, and 1 other (cant remember which now!) I lost the plot with the calculations, but I think my theory was almost spot on. Will I be marked on correct theory application? If so there is a slight (very slight!!) chance I may pass F5, otherwise its round 2 in December lol!@aam2009 said:
Yes! That’s what I wrote! Except the lifecycle bit…Oh .bt d question said the demand v responsive .if the price set higher mean the demand drop 1000unit and no this product in market yet .can
apply price skimming ? What if using price penetratiOn ,since this product is minimize electricity so can earn market share within tis two yrs first?No competition => Market skimming, you can charge a high price and this is justified because your product is superior to everyone elses both in performance and energy consumption. Recover high R+D costs, breakeven quickly and then spend money on new product development.
When competition enters after 2 years(?) adopt the market penetration policy => low prices as the product declines etc.
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@kienyboy said:
If any one found this exam easy I think they are supper clever I found it was really hard only one 2 questions they give you information to work with . question 1 they hardly give you any information but maybe I’m stupid one here .from aat to acca very big jump@kienyboy said:
If any one found this exam easy I think they are supper clever I found it was really hard only one 2 questions they give you information to work with . question 1 they hardly give you any information but maybe I’m stupid one here .from aat to acca very big jumpi dont think you are stupid. it was a difficult one. i felt the same way when i saw question 1. what was she thinking when she set those questions? so unfair
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