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

@dnobleone said:
need some clarity on question 4 – the profit we had to calculate was at the current transfer price of $40 and not the external supplier price of $37???

March June hybrid paper is out – https://www.accaglobal.com/content/dam/ACCA_Global/Students/fun/f5/j16_hybrid_F5_q.pdf

i Calculated profit per unit if we buy component from external at 37 and calculated current profit (contribution less fixed cost) and then their differnce was the incremental profit if we chose to buy from external.

my exact view

@mhtacca said:
God the tansfer pricing question gets me so confused…and I really should review the examiner’s report as the last MCQ is almost identical to the one highlighted on the report!

yeah it was too identical nd i chose D in that mcq.
However, transfer price ques was not that much difficult as compare to the last one.

This was a weird one. I felt prepared after hours of question practice and revision, was comfortable walking into that exam and felt confident enough that I could get half of it correct. I came out so disappointed as I have certainly failed. I felt that the questions were harder than any previous year (except the ABC one and the graph with revenue, fixed costs and total costs). I spent a good deal of time on the last question trying to work out what part of the syllabus it was testing. The multiple choice questions were v theoretical and guessed many of them. Didn’t like the variance question either, have they ever asked for these before, market size and share? Some parts of the syllabus were ignored completely eg linear programming.
I guess you can feel prepared but then the examiner can test you in such a way that it exposes that you actually aren’t.
Oh well, will try again in September.

@isaacfieh said:
sure BED 24000

Hey, which question is this from?

Question one in part b for the market size and market share variances isnt this just sales quantity variances?

I did the sales quantity variances x standard contributions. I got favorable for first and adverse for second about 15k adverse I think. Same for operational I got a
Favorable and an adverse. Overall favoritable.

Question three which was this?

T

Multiple choice was not as usual as i thought it would be. Question 4 was not easy………….

@sannie15 said:
The exam is fairly easy to pass if you prepare well. The examiners come up with lots of easy questions and a little bit of difficult ones. It is not as difficult as what they usually say.

This paper was the worst… i was even thinking what the examiner think of us as student to complete this paper in the allocated time and the question was so terrible… i just hope i pass 🙂

In question 4, I think it is better to transfer 120 because that is all the demand they have. The rest should be sold because it can help the company gain benefit overall.
As I remember, I chose to close school 3 too but it only happens if I need to do so. Basically it is still possible to run all 3
The question is not terribly hard but it needs really fresh mind, well-prepare and techniques to make sure you answer them all within limited time.
The question 4 and 5 are pretty long and just thinking about how to present answer to show that you understand it clearly can take lots of your time.

Are there any suggested answers for section A?

Yes the break -even revenue was 90, 000. then question was what will be the profit if the company decides to train only 500 athletes. when you traces from the graph, you could see that, at 500 athletes, the total revenue will be $140, 000 and the total cost will be $120,000. profit is JUST, P=TR-TC. 140,000-120,000.
So the profit will $ 20,000.