PMJune 2021 ACCA PM exam was - Instant Poll and comments

I had choosen Simulation as it does not give any decision

As far as i know that the financial and operating gearing ratios were out of the syllabus as it comes in F9 syllabus and the that the 2.4m$ question i randomly selected the answer 48. was i right?

tbmks wrote:

citylane2013 wrote:Did you also notice the question in section A which needed to compare company A and company B based on Financial and operating gearing. Calculating operating gearing was a bit tricky.

There was no option for the 48$. 48 was in another question

agboolakenny84 wrote:Variance is the answer. It’s actually in BPP/Kaplan Revision kit.

I had choosen Simulation as it does not give any decision

JohnAcceek wrote:Machine hours were ro distract attention. Only inspections and smth. else should be taken ito account. I remember the answer was 91 point smth.

I wrote 27.

I got that. I couldnt attempt it...! I just didnt know where to begin! Plus is it just me to think that the Trust scenario had all the calculations done for us. Did we need to still calculate something? I didnt bcuz i just thought its all done we just need to explain.

Yes i didnt include the advertisement costs. I think the answer was 2.04:1

Also, there were two variance questions Material Quantity variance and sales quantity For which the answer was 400,000 adverse I assume it was sales quantity variance?

did anyone else had problems with section C questions ? the monitor was quite tiny, i had to scroll the scenario both vertically and horizontally, I dragged the middle line like crazy between scenario and answer and when I was writing the answer, I had to scroll to see what I wrote, because the view did not followed as I wrote. This was crazy when doing the calculation workings. I lost some time doing this. I had the ZBB and financial and non-financial in a taxi firm in part C. Part B variance analysis, linear progr and ABC. I really hope I’ll pass. Fingers crossed for everyone!

agboolakenny84 wrote:Guys who got the shadow price of material question in section B. I typed “0” as material was not a limiting resource. Is the answer correct?

On linear programming in section B after that question which required calculation of shadow price, the second question was a calculation again based on the answer you got for shadow price right?

It’s not simulation. Simulation looks at how much a variable needs to change and it also gives the probability. Simulation looks at more than one variable at a time. Variance analysis doesn’t help reduce any risk/uncertainty.

iamar wrote:

agboolakenny84 wrote:Variance is the answer. It’s actually in BPP/Kaplan Revision kit.

iamar wrote:As far as i know that the financial and operating gearing ratios were out of the syllabus as it comes in F9 syllabus and the that the 2.4m$ question i randomly selected the answer 48. was i right?

operating ratio and financial gearing ratio were part of the syllabus. I also had them in F3 if I recall correctly.

Hi, please did anyone else get pricing question in section B?

Mihaela wrote:did anyone else had problems with section C questions ? the monitor was quite tiny, i had to scroll the scenario both vertically and horizontally, I dragged the middle line like crazy between scenario and answer and when I was writing the answer, I had to scroll to see what I wrote, because the view did not followed as I wrote. This was crazy when doing the calculation workings. I lost some time doing this. I had the ZBB and financial and non-financial in a taxi firm in part C.<br>Part B variance analysis, linear progr and ABC.<br>I really hope I’ll pass. Fingers crossed for everyone!

That's the challenge with computer based exams. Let's hope they will improve in the future. There are quite a lot of drawbacks compared to paper based. Some of the time is wasted on trying to make it work for you. Dragging screens to read other data and information given and trying to review what you write. If it were possible I think they should give us the question papers also as hard copy even though we are answering on the computer CBE tool so that we can see clearly all the questions and data given. Linear programming in section B wasted my time.

did anyone else have the mix and yield variance question in section b? which option did you pick for the yield, i remember there being 4 options with one of them being a 300000 figure adverse

No...operating and financial gearing .....these are in syllabus... Please refer BPP section E... Chapter 16 page 392 and 393

miranighulamali1 wrote:No…operating and financial gearing …..these are in syllabus… Please refer BPP section E… Chapter 16 page 392 and 393

If you wrote the morning paper, how did you tackle the operating gearing? Obvious based on financial gearing company A was better than company B. Which option did you choose?

agboolakenny84 wrote:The Transfer pricing question was so confusing. I chose a decrease of 50000 because there was no direct attributable fixed costs from not selling to the other division. I’ve forgotten the names of the divisions. Same here, I had to read the ABC question numerous times. It looked easy but mehn there were big distractors.

Where did this question appear?

citylane2013 wrote:

agboolakenny84 wrote:Guys who got the shadow price of material question in section B. I typed “0” as material was not a limiting resource. Is the answer correct?

what was that

This question appeared in SectionA. You may not have had the question as there are different questions.

iamar wrote:

agboolakenny84 wrote:The Transfer pricing question was so confusing. I chose a decrease of 50000 because there was no direct attributable fixed costs from not selling to the other division. I’ve forgotten the names of the divisions. Same here, I had to read the ABC question numerous times. It looked easy but mehn there were big distractors.

agboolakenny84 wrote:The exam went well. Section A was fairly easy. Section B I got ABC, Linear Programming and Variances.<br>Section C I got Financial and Non financial and ZBB.<br>In all it was a good exam.<br>Thanks to John Moffat for his lectures.

Do you remember the question which came in sction A to calculate the rank the products in terms of contribution?

Yes I do. That was an easy / bonus question.

iamar wrote:

agboolakenny84 wrote:The exam went well. Section A was fairly easy. Section B I got ABC, Linear Programming and Variances.<br>Section C I got Financial and Non financial and ZBB.<br>In all it was a good exam.<br>Thanks to John Moffat for his lectures.

Do you remember the answer?

Company A - lower financial gearing then B but operating gearing higher then B

.

agboolakenny84 wrote:Yes I do. That was an easy / bonus question.

Do ypu remeber the contribution / unit . It was 1, 1.1 and so one right? Product B was to be made 1st right?

agboolakenny84 wrote:Yes I do. That was an easy / bonus question.

The answer was 1 , 1.1 and so on. Product B was to be made on priority right?

miranighulamali1 wrote:No…operating and financial gearing …..these are in syllabus… Please refer BPP section E… Chapter 16 page 392 and 393

It's Not given for those who use Kaplan Reader

Drilona wrote:Company A – lower financial gearing then B but operating gearing higher then B

Was it the first option ?

Drilona wrote:Company A – lower financial gearing then B but operating gearing higher then B

I dont remember the options now.

On ABC in section B the last question asked how change from absorption costing to ABC will increase or decrease cost per unit for either procedure A or B and the solution obvious is the precedure with more units of cost drivers will have more cost per unit. Was is procedure A or B with more units in all cost drivers or more patients?

agboolakenny84 wrote:The Transfer pricing question was so confusing. I chose a decrease of 50000 because there was no direct attributable fixed costs from not selling to the other division. I’ve forgotten the names of the divisions. Same here, I had to read the ABC question numerous times. It looked easy but mehn there were big distractors.

I chose 65 000. What did you choose on ways to reduce target cost gap in section A