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Copyright © ACCAspace.com ACCAspace 中国ACCA特许公认会计师教育平台

ACCA F5 习题详解 Performance Management(PM)

业绩管理

ACCA Lecturer: Belinda Qiu

Copyright © ACCAspace.com ACCAspace 中国ACCA国际注册会计师教育平台 2

Part B Introduction


Part B Introduction


Part B-Relevant cost analysis



a) & c)


Part B-Relevant cost analysis-2014.Dec.Q3

2014.Dec.Q3



Step1：思考我要干什么—算成本

借助考题设计答题格式



Step 2：题目中告知了什么

(1) 一个estimated cost sheet

(2) 好多Notes



Step 3：一个个过Notes

(1) Material-Fabric

(2) Material-Wood



(3) Labor-Skilled

(4) Labor - Semi-skilled



(5) Factory overheads

(6) Administration overheads


Part B- Cost Volume Analysis



a) Nature of CVP



b) & c) & d) Calculation of breakeven point



e) Breakeven chart



f) Limitations


Part B- Cost Volume Analysis 2015.Dec.Q4

2015.Dec.Q4



Step 1: Design your format （见excel操作）

Step 2: 填数字，有working的地方打working



2012.Dec.Q1



a) & b)



c) 见excel

d)

Assumption of CVP analysis


Part B –Limiting factors



a) Definition & techniques



b) & c)



d) Shadow price



e) slack


Part B –Limiting factors-2014.Dec.Q2

2014.Dec.Q2


Part B –Limiting factors-2014.Dec.Q2

(a)


Part B –Limiting factors-2014.Jun.Q2

2014.Jun.Q2



(a)

Step 1. Define the variables

Step 2. Define and formulate the objectives



Step 3. formulate the constraints



Step 4. draw a graph



Step 5. draw ISO contribution line

Step 6. answer the question



(b)


Part B- Pricing decisions



a) Factors influencing pricing



b) Price elasticity



c)Demand equation



Total cost function (volume based equation)

打开初中课本，看分段函数应用题。。。



d) & e) & f) & h)

按照考题的具体要求，没有固定的东西



g) Pricing strategies

Types Features Aims advantages disadvantages

Skimming High price Market brand

Penetration Low price Market share

Complementary

统一定价 Total

revenue Product line 统一定价

Volume discounting

Bulk purchase

Sales volume

Discrimination Different price

Profitability

Relevant cost One-off price



Cost-plus pricing：

Full cost-plus

marginal cost-plus (mark-up pricing)


Part B- Pricing decisions-2015.Jun.Q4

2015.Jun.Q4



(a)

Variable cost

Fixed overheads



(b)

或者两点确定一条直线



When the selling price is $60, the sales volume is 250,000 units

and when the selling price increases to $62, the sales volume is

248,000 units.

So 60=a+250000b and 62=a+248000b.

The result is a=310 and b=0.001.



(c)


Part B Make-or-buy and other short-term decisions



b) & c)



a)



d)



2012.Jun.Q1



(a)

Make-or-buy？

Cost比较，算不同的cost

注意format，怎样在短时间内设计format？



已知信息：

好多的Notes



Step 1. format，见excel

Step 2. 填数字，打working

Step 3. answer question



(b)

Step 1. 思考要干什么

Step 2. format

Step 3. 填数字

Limiting factors



(c)


Part B Risk and Uncertainty in decision-making



a)



b)



d)



e)



f)



2013.Jun.Q1



(a) Decision-tree problems

见One Note



(b) Value of information

EV for perfect information –EV without perfect information

step 1. 看公式里面什么东西你是可以找到的

EV without perfect information

Step 2.不知道的部分说的是什么东西—拆分并对应到case中去

EV+perfect information

EV-发生的可能性

perfect information-membership number—实打实的6k戒6.5k



EV without perfect information

Answer from (a)=10∙413m

Why？

Consider what you have when you calculate (a)?

知道一大堆概率+结果---不知道到底会发生哪种情况

Imperfect information



EV with perfect information

option 1: outcome=10∙80m

作为理性人，你的选择是什么？

6k-0.4 probability +6.5k-0.6probability EV of perfect information=10∙80m*0.4+10∙755m*0.6=10∙485m Value for perfect information=10∙485m-10∙413m



(c) Problems for EV method

Three aspects:

-long-run outcome

-risk attitude for decision-maker

-how do you know the probability?



2011.Jun.Q1



(b) 见One Note

(c)Example

Maximin :最小里面找最大的

+描述进去：从哪里找最小的，找最大的什么，为什么这样做

从所有结果中找条件最不利于我的-在这里面找我利益最大时的决策-尽可能

多的规避风险，risk-adverse

Choose the best outcome from the worst condition( the most poor)

because the decision-maker is risk-adverse.

Professional Accounting Education

Provided by Academy of Professional Accounting (APA)

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