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PMJune 2021 ACCA PM exam was - Instant Poll and comments
citylane2013 wrote: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.It was A as i remember that A will be allocated with more costs compared to B
I got the same. but i quest it should be fair, i have perform practice questions on them with past papers. all fingers cross best of luck to all of us.
got the same.
nmenon3 wrote:yes i got the same answer too and for the target cost gap i chose increasing the staff trainingWhat about buying more efficient machinery as a way of reducing target cost gap. Didn't you see it?
nmenon3 wrote:Did anyone get life cycle costing question? if yes did you arrive at 7290000 as your answer also did anyone get a question on required sales with a target profit of 130000?Yes. Saw both of these.
nmenon3 wrote:Yes I did… But in that the answer was stated as “will not reduce target cost gap” where as buying machinery reduces the target cost gapOn target cost gap can you narrate what the question asked for? Did the question say what will reduce target cost gap or what will not reduce target cost gap? Myself I dont remember now.
nmenon3 wrote:Did anyone get the question about high low method and also not for profit organisations, if so what is the answer that you got?I dont remember the answers that I chose for not for profit and high low method, but I did see the questions. What answers did you choose maybe I can remember.
nmenon3 wrote:which of the following reduces target cost gap the options were 1) investment in training staff<br>2) investment in new technology will not reduce target cost<br>3) increase in the profitability will reduce the target cost<br>and fourth i dont rememberMy question was not like that. So we wrote different questions on this one. My options where 1. Increase staff training 2. Purchase more efficient machinery I forgot the other 2 options
citylane2013 wrote:nmenon3 wrote:which of the following reduces target cost gap the options were 1) investment in training staff<br>2) investment in new technology will not reduce target cost<br>3) increase in the profitability will reduce the target cost<br>and fourth i dont remember
nmenon3 wrote:for not for profit they asked to choose two i chose it is difficult to arrive at performance decisions ( the wordings im not sure) and the second one was not all stake holders views can be prioritised<br>and for high low method i chose not reliable since they dont account for all the values and the second one was something about not producing value outside the range …again not sure about the wordingsI remember now. I selected the same answers. On lifecycles costing I got the same.
nmenon3 wrote:for not for profit they asked to choose two i chose it is difficult to arrive at performance decisions ( the wordings im not sure) and the second one was not all stake holders views can be prioritised<br>and for high low method i chose not reliable since they dont account for all the values and the second one was something about not producing value outside the range …again not sure about the wordingsIf you dont mind you can contact me on my email (hillaryjohns85@gmail.com) then we exchange contacts and discuss further. Here on this platform everyone is now silent and we are the only two now chatting.
nmenon3 wrote:Did you have to choose two options for the target costing?No. In my case I had to choose one option.
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