*** F5 June 2016 Exam was.. Instant Poll and comments ***

Same here I got 18000 but rounded it to 20000 because it said that we need to round it to the nearest 10,000

@ngocphanneu said:
What did you get in Q4 ” incremental profit/loss per component”? The spare cap made me confused.

It was quite simple but i don’t think that it should b of just 3 marks.

Rolling Budget (D) $2,181,000 …………Remember a rolling budget is always for 12 mths (4 Quarters)…….Therefore quarter 1 had to be omitted since it the time has already passed and a new quarter had to be calculated ………..i saw a similar question somewhere last week

Target cost ….. Cost had to decrease by 30 % inorder to maintain the gross profit margin of 30%. consider this:

current S.P =150 ….Cost = 120 (25% mark up) = profit 30 ………
revised S.P = 120…..Cost = 84 ……..= profit 36

Hence to maintain Margin of 30% = P/S.P =36/120 = 30
% decrease = 36/120 *100 = 30%

I basically played around with figures in the exam

Learning rate ……..120/150 = 80% ……i’m not confident with this

BEP = I guessed A = 24,000

ROI MCQ ………..i cant remember the exact % however i calculated like this:

Net Profit/ (Cost – Acc Dep) = NBV + Inventory (since its part of working capital)

I feel the same as a few people on here I felt so well prepared. This was my third attempt and after studying the last three months, for my third attempt at it, I really felt I had covered the whole syllabus this time! The mcqs were very difficult must of guessed at least half. The bigger questions I have never seen anything similar in the past papers I have done over and over. The only friendly familiar one was the abc question I thought. Left feeling very frustrated. Grr!

Maybe so!! I read the question that the same cost mark up was applied to both services so I presumed both cost the same when the same mark up was added!! As I said open to correction it’s good to hear what others thought!!

ROI Mcq
I deducted depreciation from non current asset
Net profit divided by above amount was … I don’t even remember now

For learning rate I guessed 75%
For adverse sales mix I chose with option with proportion . I chose one 2 of them

I sure I failed, came in the exam quite confident.
Q1 did perfect on that
Q2 would have some well if I had used the standard contribution instead of price
Q3 very easy,
Q4 hard, news to make transfer pricing priority next time
Q5 am not sure but I close down 1 because the relevant cost of loss income lead and 2 other cost gace me a negative . I avoided the costs that weren’t avoidable and the sink ones.
MTCQ the last ones were a bit too detail and needed too much calculation

For q3 BEP chart I think my answer was 300 BEP units and profit was 20000?

Q3 ABC I suggest transfer price between 23 (after adjusting fixed cost as well) to 37 for company goal. And 120000 units as I guess division M needed that . Off course division L has enough capacity to sell externally and internally

It seems as if I misinterpreted that cause the last time I check the 110 was a price and not cost. To find obsorption per unit I divided the total production cost given by total units of both products.

What about environment life cycle cost mcqs?
Internal focus and information to get prior production?

I did choose retail industry option too

one of my answers to MCQ questions:

1) BAC
2) 37.8%
3) Learning curve 75%
4) Units required to breakeven 24000 extra

For ROI calculation I did following:

Profit / (Assets @ Cost – Depreciation + Inventory)

I chose retail industry for cost + costing

can’t think about other MCQs at this moment.