Paper F5 Dec 2010 exam was

Ummm so i got my labour variance calculations right
The way i saw it
it was 750 Tvs and 650 Plasmas
2,200 hours worked by permanent workforce, and total labour variance was 6,050 (A) for the temporary workers

2 hours on Tv and 1.5 on Plasma
So total hours worked – 2,475. Hours worked by temporary workers is (2,475-2,200) = 275 hours.

Labour rate variance is 275 * $18 = $4,950
Labour efficiency variance is 275 * ($18-$14) = $1,100 ($14 is the standard rate)

Total is $6,050

And also people sayin the optimal production is 1200 and 800 somethin are wrong because you can’t calculate shadow prices that way. I got the same 1200 and 800 something, but i have heard that we will get atleast 6-8 marks for defining objectives and workings. And maybe a mark or two for shadow price if we show the method, even if our product mix is wrong.

Question 1 i expect atleast 12-14 and around 18 if my labour calculations are correct
Question 2 atleast 16-18
Question 3 max 8 marks
Question 4 was a gift, i expect atleast 16-18
And Question 5, ummm idk, around 12-14?

IT was an easy paper but very unexpected

I think there were 4 constraints in q3?

2 constraints for materials
1 constraint for skilled labour
1 for Lotion max demand <2000

no>?

@suso7 said:
Yes, 4 constraints.
Do you remember what was contribution maximise equation?

no, but I got l=400 ,c=1400 or somethiing like that

I think contribution was given in question though, I didn’t calculate it

@suso7 said:
Yes, 4 constraints.
Do you remember what was contribution maximise equation?

no, I dont remember unfortunately..

but my optimum plan was @ 400 and 1400 or something like that..

well, I lost 6 marks on shadow price+ slack

(but I gained 0.5 mark on non negativity equation:))

Does anyone know when ACCA will publish exam answers?

@marcin060482 said:
ok, so i have it all wrong…

my constraints were:
3Creams + 2 lotions < 5000
1cream + 0.5 lotion<1600

Dun so disappointed, so long as you have working still can get mark 🙂

My permutation and combination did not work. I actually prepared and thought topics like Learning curve, Throughput, Risks and Uncertainty, would tested.
Anyway, I attempted ABC, Variance, PM, and faint trial on others.

I hope I will pass oooooooooooooooooooo

Merry Xmas and a happy new year in advance.

the paper wasn’t difficult but i found it lengthy. I couldn’t complete it. Lost a complete 20 mark question due to it:(

OMG…..the paper was time pressuring…..i totally revised linear programming only to mess it up…got all the points…know how to calculate shadow price and slack but i included the FIXED COST and used that as one of my optimum point only afterward to find out that it was irrelevant!!!!! will ACCA punish me twice in part B for getting the points wrong?

@grindmastah said:
linear programming

x= 825, y = 1275

I have got C = 1066.67 and L = 1066.67
Question 3 Linear programming
Equations: (lines on the grapth!)
4C+5L=9600
3C+2L=5000
C+0.5L=1600

q:2 guys can u tell me how many of u prepare table calculations for financial measures like i ddnt prepare it seperatly just did in each heading e.g in sales growth i performd calculations about turnover etc… is it ok????

@suso7 said:
We`ve got the same figures. I hope we are right.

same for me… that’s 3 of us lol. though i rounded of the slack to 143 grams.

the thing is i forgot to tick on the front of the papers which answers i have attempted, though i have done all of them will they still check my papers and could get marks????