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togizachew says

Thank you it is helpful. I hope the lecture also shows how can tacle the exam Q&A techniques.

God bless Opentuition!!

sidasu says

Hi John, the video doesn’t.work for overheads part b …. It gets stuck on 5:13 … Could you take a look please?

Btw … Good course I have been learning with a view to take F1 2 and 3 in december but could do with lots of practice questions? Any suggestions ? Thanks… Simon

johnmoffat says

The video is OK – I think it must be your internet connection.

For practice questions you really need to get hold of revision/exam kist from one of the approved publishers.

ajaved5 says

Can I get the working for test question 4 (chapter 7). The answer is £2840 but how is this calculated? And would it not be more helpful to show how you get to the answer rather than just give an answer? Just a suggestion. Thanks anyway for the help and its is much appreciated.

johnmoffat says

I assume you mean test question 5

Because the labour is $400 in total and is paid $8 per hour, it means that there must be 50 hours of labour.

Production overheads are $26 per labour hour, and so total production overheads are 50 hours x $26 = $1300.

The prime cost is materials + labour = $300 + $400 = $700, and so the non-production overheads are 120% x $700 = $840.

So……the total cost of the job is $300 (materials) + $400 (labour) + $1300 (prod o/heads) + $840 (non-prod o/heads) = $2840

ajaved5 says

Yep that’s the one. So it was just dividing the 8 per hour by labour, make sense. Thanks for the quick reply.

lombenicole says

Trying to get lectures on overhead. How do i get them

Lee says

Dear Tutor

Why don’t we allocate Factory canteen expense base on the Number of Employees ?

johnmoffat says

We have apportioned it on the number of employees.

You could have apportioned it earlier (and would have got the same final answer), but since it is a cost centre on its own it is more sensible to get the cost of the canteen separately and then apportion this cost on the basis of the number of employees.

vivinash says

ok i still dont get what he was doing at 23:55. did you divide 50 by 80??? or what?? because im trying to understand but still i dont get i.

johnmoffat says

The answer is in one of the posts below.

The total space is 80,000 m^2. Of this, 50,000 is processing. Therefore processing has been given 50,000/80,000 of the total cost. (50/80 is the same as 50,000/80,000)

lavanda12 says

Thank you for the great lecture! Very helpful!

hussain87 says

Hi I don’t understand 23.55 where did he get 50/80000 I know 80000 is the total but I don’t know where he got the 50% from can some one help me plz

johnmoffat says

@hussain87, Its not 50%! It is 50,000/80,000 (or 50/80) because processing has 50,000 space out of a total space of 80,000.

akinfenwa says

thanks good job

yousuf768 says

Thanks Open Tuition

shazia786 says

very clear and concise, it all makes more sense, i can rewind, pause certain parts i wasn’t too sure about previously and it’s all freee!! shazia siddiq

tauraiversatile says

Wonderful is all that I can say

examsuccess says

Please where and how can i get the examples sheet they are solving? Thanks.

johnmoffat says

@examsuccess, If you look above the lecture it explains that all the lectures are using the free Course Notes that are available on this website.