*** F5 June 2013 Exam was… Post your comments ***

yes Shery92 i quite agree with you.

alot of writing the questions on expected value went for alot of marks and was a disaster

i left the first one completely, didn’t go over decision tree, that 20 marks just gone TT TT

It was not good paper at all.Lots of things were mixed together.life cycle costing with Target costing,in mostly all the questions there were expected values.This paper was quite tough as compared to previous ones.I enjoyed doing all the past papers and was quite confident but this paper was much harder than previous one.

This exam was not really easy as always. It required a lot of thinking and merging different topics in one question. Logical application of principles to scenarios was very important. Timewise, it is rare to finish all questions even though the examiners persistently urge us to attempt all questions but that doesnt really imply that inability to finish the questions results in failure. The decision tree required some concentration which took time. Coming to Life time cost calculation, it was just a whole lot of drama there. Generally, the standard of this paper was high as compared to past exams. Resitting is not an option..ACCA should have mercy, it doesnt mean we didnt study! 🙁 🙂

<cite> @shery92 said:</cite>
Not hard but not so easy at the same time. Overall a fair paper, only got stumped at Q1 perfect information bit and Q2 balance score card, aside from these two managed all the others pretty well still in need of a hand of God though.

At least you managed to finish..attempting all questions is crucial and beneficial. I left out the variance one but I trust God that all will be well.

hi all,

I don’t know what sale mix variance is and how to calcalate that ? Is it look like material usage mix variance ?
i think this exam question was hard, many narrative questions and i really didn’t well .

Hi can someone tell me if I am right about the EV calculations. I didnt quite follow the question so this is what I did:
I assumed if the expansion’s carried out and the operational cost is $120, one of the two scenarios can happen which is when number of members stays the same or increase to 6500, and the respective payoff was [6000 x ($720 – $120) x3 ] and [6500 x ($720 – $180) x 3], the EV at this node is to simply multiply these two payoffs with their respective probability (0.4 or 0.6). And the same goes for when the operational cost is $180.

And what could the perfect information be?? Sorry for the long post I know you guys would probably hate essays right now =p

I first tried how examiner got the other figures(sales and planning varience for other two products).I tried the same way to find the answer for the third .Hopefully they are right!!!!

<cite> @jengenija said:</cite>
Well I don’t know the result, but it seems to me quite decent exam, not extremely disaster, in the Q1, I hope I draw tree correctly, and counted expected values, but I definitely counted wrong value for perfect information, but I hope I still will get marks for it, cause I explained how it needs to be counted, but I couldn’t understand where is perfect information. Q2 Balance scorecard lots of writing, but I hope I wrote correct.
In another question, cant remember number, where were variances, it was a big tip, with another two commodities, so it was possible to make sure that you are counting correct, just count for commodities 1 and 2. The rest was quite fine. Really want to know the result, is it really that good, or it is just my impression.

I have the exact impression as you and I am dying to know the results because even though I hvae solved everything yet I wonder about correct ans\d wrong! But I have the same opinion and the same feeling!

good blance paper of f5…………..i hope i pass the paper

<cite>@nwadibe said:</cite>
It was a practical, real life and challenging management accounting/Performance management questions. Though not extremely difficult but some of the questions were too (wordy) i.e. too lengthy. It requires a lot of time to read and decipher what the examiner wants and this time is not just there to ready such volume of essay and attempt all the 5 questions under 3 hours. Above all like every other F5 exams and ACCA paper a THOROUGHLY prepared candidate could still pass.