Forums › ACCA Forums › ACCA PM Performance Management Forums › *** F5 September 2015 Exam was.. Instant Poll and comments ***
- This topic has 160 replies, 52 voices, and was last updated 9 years ago by theimaginarynumber.
- AuthorPosts
- September 9, 2015 at 10:35 pm #270913
I can’t help but feel this paper ignored all of the key concepts around performance management. No LeaLearning curve, no linear programming, no throughput, no transfer pricing or price and demand etc. Alot of supplementary stuff hit for big marks which made no sense. How a paper like this was published for an exam is surprising. I studied key areas, and these appeared not to have landed. Questions were poorly written also. Perhaps the examiner should try communicate scenarios better. There was also a question on environmental stuff and the requirement was “which is MOST LIKELY” to be affected when referring to stakeholders. Very very poor from ACCA.
September 9, 2015 at 10:56 pm #270918@gonko said:
I can’t help but feel this paper ignored all of the key concepts around performance management. No LeaLearning curve, no linear programming, no throughput, no transfer pricing or price and demand etc. Alot of supplementary stuff hit for big marks which made no sense. How a paper like this was published for an exam is surprising. I studied key areas, and these appeared not to have landed. Questions were poorly written also. Perhaps the examiner should try communicate scenarios better. There was also a question on environmental stuff and the requirement was “which is MOST LIKELY” to be affected when referring to stakeholders. Very very poor from ACCA.I agree… Let’s see what happens when the dust settles!
September 9, 2015 at 10:58 pm #270919Oh yeah, what did you guys write for the stakeholder question?
I too didn’t really understand the question, so I guessed governmentSeptember 9, 2015 at 11:04 pm #270921I would have said all stakeholders would have been affected. However I had to pick government as I could only pick one. But how the government could be interested, yet the shareholders apparently not so…..is beyond me.
September 9, 2015 at 11:13 pm #270925Also got 600 for minimax regret
September 9, 2015 at 11:18 pm #270926@jimbob1212 said:
Oh yeah, what did you guys write for the stakeholder question?
I too didn’t really understand the question, so I guessed governmentThanks for remembering this. Yes, for me it was a toss-up between customers who might buy more environmentally-friendly products or the government that dictates environmental law. Although customers would consider environmental impact when purchasing a product, there is no guarantee of this. Government would primarily consider environment legislation. So I went for government. (Although I still think customers is a good answer.) Open to other opinions…
September 9, 2015 at 11:20 pm #270927The target costing question was fairly okay, however the last question threw me off, i didnt have enough time to analyse and re-draft the operating statement. So i just calculated the variance & discussed the performance based on that. Mcq’s were long! Cvp analysis was okay too, i was hoping it would to come out as opposed to linear programming since its been 3 yrs it was last examined. This sitting had more discursive questions. Which you would expect for a management accounting paper. Overall it was okay.
September 9, 2015 at 11:43 pm #270929Quite agree with everyone about the MCQ’s, they seemed really tough this time and took forever, written questions seemed fairer than June 2015 however the minimax question was just horrendous!!
September 9, 2015 at 11:50 pm #270930I remember getting £1.12 as well for ABC. Can’t believe I made such a silly mistake with relevant costing £110. Lost easy 2 marks. hope they don’t prove to be costly 🙁
September 9, 2015 at 11:52 pm #270931@barryhastings said:
Quite agree with everyone about the MCQ’s, they seemed really tough this time and took forever, written questions seemed fairer than June 2015 however the minimax question was just horrendous!!I’m glad I’m not the only one who didn’t get the minimax regret question. I’ve got a degree in maths, for what it’s worth!
September 9, 2015 at 11:57 pm #270932AnonymousInactive- Topics: 0
- Replies: 9
- ☆
what answer did you get for relevant costing? i had 40. i dont know if its correct
September 10, 2015 at 1:06 am #270934so was this a 94 marks exams am i right?
September 10, 2015 at 2:46 am #270937Hey can I know how you get the 5.8 – 1.6 as your contribution? I did it the same way with you but I remember my contribution was 3 point something. Do you remember any figure like this? I use selling price minus the cost of production.
September 10, 2015 at 3:28 am #270938@hoangduchung1903 said:
Yes, I got 600 with a regret of $180Can you remember what’s your contribution?
September 10, 2015 at 3:45 am #270939Dear God, I need miracle. Please give me 51%.
September 10, 2015 at 4:05 am #270940For the MCQ relevant cost one, I picked 110. Since in US, we differentiate between wage and salary. Wage is used for hourly work (which could be varied month by month), salary is the fixed amount for the month.
I don’t know if those British guys has the same definition 🙁 🙁
September 10, 2015 at 7:03 am #270950AnonymousInactive- Topics: 0
- Replies: 8
- ☆
can anyone tell exactly what topics were tested in the paper? plz
September 10, 2015 at 7:55 am #270956@yuemin said:
Can you remember what’s your contribution?Contribution per unit sold : $5.20 – $1.80 = $3.40
First I set up a payoff table for each possible daily demand and each possible daily supply
For example :
If supply is 500 and demand is 500 : contribution = (5.20 – 1.80) x 500 = $1,700
This amount is the same for demands of 550, 600, 650If supply is 550 and demand is 500 : contribution = 5.20 x 500 – 550 x 1.80 = $1,610
And so on for other combinations of supply and demand…..After that I set up a regret table based on the payoff table
September 10, 2015 at 8:54 am #270967On the selling price I got $20. 35-0,01(1500). Not so sure though. This sitting gave me headache
September 10, 2015 at 9:57 am #270979AnonymousInactive- Topics: 0
- Replies: 1
- ☆
Unbelievably hard Acca understand the situation differently, that is very bad reputation for AccA, section B in second I thought I’m not in F5
September 10, 2015 at 10:24 am #270987I think it too. The price is 40. Lost contribution is opportunity cost
September 10, 2015 at 10:44 am #270997AnonymousInactive- Topics: 0
- Replies: 8
- ☆
can anyone tell exactly which topics were tested in the paper? plz
September 10, 2015 at 10:48 am #270999@gawcram said:
Anyone got 650 for the minimax question?I got 500 but I think my calculations were incorrect, struggled with the question.
September 10, 2015 at 10:51 am #271000@goddey90 said:
what answer did you get for relevant costing? i had 40. i dont know if its correctYes I did to, as lost contribution. hope it’s right as need every mark possible.
September 10, 2015 at 10:53 am #271002I got 40 too(10hrs*$4 lost control)
- AuthorPosts
- The topic ‘*** F5 September 2015 Exam was.. Instant Poll and comments ***’ is closed to new replies.