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

I felt q2 was more theoretical. I calculated the contribution per unit if m sells externally and the contribution per unit if m sells to s using the price offered by the new supplier (ie $800) less 740 (ie 770-30) and decided that the best price would be somewhere between 800 and the marginal cost of m producing an extra unit.

@lilit274 said:
I have exactly the same answers.

do anyone remember how much revised std. time was in planning variance?

2……. someting?

Q4 exactly the same 🙂 P=310-0.001Q , MR = MC , Q = 144500, price 165,5 (quantity & price maximizing profit), as price was 165,5 and variable costs 21 per unit, contribution was 144,5 $ x (as far as I remember 250’000 units? ) – fixed cost of 800k

Excellent, we have concensus on Q4 – that’s a start!

How about the rest of them?

Q1 – can’t remember my figures for the total costs of the procedures but the wordy bit I said that since they only changed the existing costs by a small amount it may not be worth implementing ABC due to the costs involved – not sure that was right?

Q2 – Think it was something like 1298 hrs for the 460 units with the learning rate so my planning variance was favourable but op. variance adverse

Q3 – Not a clue!! Think I put 30,000 units at $740 and buy 5000 units externally but fairly sure I made a mess of that one.

Q5 – Yikes – load of waffle on that one I’m afraid.

Q1) I said the opposite… difference was 176 someting per unit.

Q2) yep same.

Q3) i made a mess too

How about MCQs what was the answer for q1

I think I calculated the total time for the units as 1298 and then compared for the variance using the standard rate of $12.

The wordy bit about the implications:

Temporary workers on three month contract so will have too much labour as based on incorrect time

Manager will get a bonus because overall variance favourable but shouldn’t because op variance adverse

Stock – will run out because planned on slower usage

Something else I can’t remember for the life of me based on the question detail.

Yes look like

@abdulazeez44 said:
Pretty much same answers. Hoping for the best.. Anyone rememeber the answer for the 1st MCQ? ROI with depreciation thing?

266 000 but not sure,,,I have not calculated depreciation, as the question said before taking depreciation.

@dskinner83 said:
I think I put something about an inaccurate selling price because they used cost plus pricing.

Yep, that was other thing!!

My mind went blank as soon as I left so I’m only now remembering when I see what other people say!

Q5 pls MCQs