June 10 Exams POLL Paper F5 was Post your comments here

top marks to open tuition i can safely say that without this web site i prob would not have had a pray… if i pass these latest 3 ( and i think i will) that will make 5 course passes alll credited to OT… words do not do justice…

@lambyang` said:
i think that mix and yield variance will 100% got…feel dissappoint…:(
however,i think f5 this time not very hard..i hope that for 50% also…==

If there was only one material being used, how did you incorporate mix/yield variances??

i think my question 1 ABC is wrong .
in traditional method i was calculated Overhead 400000/800 = 500 but i think correct answer was 400000/40000 = 4

also my ABC part wrong i am doing
superviser/visit 90000/500 = 180
planner /hours 70000/40000 = 1.75
property related/ document 240000/250 = 960
i think my part 1 was wrong,
but i dont know about part 2 any one help ?

@crazylady511 said:
Can someone please help on question 3? How was the maximum contribution worked out with no $amounts?

Question 3
part 1 my answer was $ 26000
part 2 shadow price $ 10 and $ 4
part 3 i dont know

@paullu618 said:
Just put w=200 to the equation 2w+2L=1200, you shall not use the other equation because is out of the region and you shall get L=400
can anyone tell me whether marginal cost include variable overhead or not?

this is part 4 and my part $ answer is 25600

@paullu618 said:
Just put w=200 to the equation 2w+2L=1200, you shall not use the other equation because is out of the region and you shall get L=400
can anyone tell me whether marginal cost include variable overhead or not?

I think you should use the contribution line on the diagram.
Then the Optimal point will become C if W is reduce to 200
Then use the 2 equation:
W<400
2w+2L=1200
then solve to get the anwer.

If I’m not wrong.
Overwhole the paper was ok and need a good time management.

I don’t understand how people managed to get 2 shadow prices. Shadow price is the additional contribution earned from one additional unit of SCARCE resource. The scarce resource was the tailor time. For example you can’t possibly use up the maximum fabric of 240 L suits because tailor time limits production to 200 L suits. (There is a slack of fabric so therefore no shadow price as it’s not a scarce resource). Could be wrong, but that’s what I did.

Also that contract offer of pay at 3 times should have been rejected. Calculate the contribution less the labour costs of the original and new contract and you should find that the new contract generates less contribution.

The question about the manager manipulating the company records was about budgetary bias and slack. Well that’s what I assumed. I gave a definition and an example.

One thing I remember being stuck on was how can there possibly be 150 staff days in a quarter when there are only 90 days in a quarter (3 months x 30)……. I ignored the staff days and just used the normal days. But I’m sure I won’t lose many marks if its wrong. I’m pretty sure I got target 2 and 3 right. For target 2 I got NIL bonus for quarter 1 only, and NIL bonus for quarter 1 and 2.

For the staff lateness’ I mentioned that it may not be controllable as the lateness was at its greatest during quarter 2 and 3. Quarter 2 and 3 was during Autumn and Winter seasons, where traffic, train delays & staff illness are at it’s worst due to poor weather, therefore uncontrollable.

Hope for 50!

@saad0090 said:
my shadow prices wer 24 and 8!

for materials, making w was more benificial as it was miking more cntribution per unit of material i.e 48/2 > 40/2, so more w shud b produced. by 1 unit of material, 0.5 w could b manudactured, giving a contributn of 24 i.e 48 x 0.5. so shadw price of material is 24.

for labor, making L was more benificial as contributn per limiting factr was higher fr L i.e 40/5 > 48/7. by 1 hour of labour, additional 0.2 units of l could b produced giving a contributn of 8 i.e 40 x 0.2! so shadw price of labur is 8!

i think detaild calculatn was req fr 6 marks, and i hope my is correct!

for part c, 300 additional hours wer required!

any1 plz cup up with a logical arguemnt why this isnt correct???

@acltang72

There was no slack, both constraints were binding.
7×250 + 5×350 = 3500 = hours available
2×250 + 2×350 = 1200 = meters available

So there were two shadow prices.

Glad to see it, but a bit chilling!!!
Anyone know when the model answers will come up?
Or will that have to wait until after the result?

blockquote> @manjula93 said:
Question paper has come on ACCA website.

@saad0090 said:
any1 plz cup up with a logical arguemnt why this isnt correct???

I think that you have got the contibution for each constraint mixed up- they appear to have been calculated the wrong way round-check the paper out
on ACCA site

@navrozkaredia said:
i think my question 1 ABC is wrong .
in traditional method i was calculated Overhead 400000/800 = 500 but i think correct answer was 400000/40000 = 4

also my ABC part wrong i am doing
superviser/visit 90000/500 = 180
planner /hours 70000/40000 = 1.75
property related/ document 240000/250 = 960
i think my part 1 was wrong,
but i dont know about part 2 any one help ?

I just did it as it said on the paper:
90,000/500
70,000/250
240,000/40,000
but have no idea if that is correct ??

@acltang72 said:
I don’t understand how people managed to get 2 shadow prices. Shadow price is the additional contribution earned from one additional unit of SCARCE resource. The scarce resource was the tailor time. For example you can’t possibly use up the maximum fabric of 240 L suits because tailor time limits production to 200 L suits. (There is a slack of fabric so therefore no shadow price as it’s not a scarce resource). Could be wrong, but that’s what I did.

Also that contract offer of pay at 3 times should have been rejected. Calculate the contribution less the labour costs of the original and new contract and you should find that the new contract generates less contribution.

The question about the manager manipulating the company records was about budgetary bias and slack. Well that’s what I assumed. I gave a definition and an example.

One thing I remember being stuck on was how can there possibly be 150 staff days in a quarter when there are only 90 days in a quarter (3 months x 30)……. I ignored the staff days and just used the normal days. But I’m sure I won’t lose many marks if its wrong. I’m pretty sure I got target 2 and 3 right. For target 2 I got NIL bonus for quarter 1 only, and NIL bonus for quarter 1 and 2.

For the staff lateness’ I mentioned that it may not be controllable as the lateness was at its greatest during quarter 2 and 3. Quarter 2 and 3 was during Autumn and Winter seasons, where traffic, train delays & staff illness are at it’s worst due to poor weather, therefore uncontrollable.

Hope for 50!

I was a bit confused about the 450 staff days, but then I though there will be several members of staff – 5 ?
5*90 = 450