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April 14, 2016 at 4:54 pm
Hi, may I ask why you ignore cents in the working? Will I be reprimanded in the exam for including it as it’s sort of stuck in my head by my old teachers to always use cents when calculating monetary figures.
John Moffat says
April 14, 2016 at 7:25 pm
It depends on the question.
If they want cents then the question will say so.
Usually it will be wanted to the nearest dollar when calculating the total overheads,
(Although obviously, as I explain in the lecture, more likely it will be to the nearest cent if you are asked for the unit cost.)
January 12, 2016 at 11:33 am
Midway through this video you ask the students to attempt the test question? Where do you get these particular questions?
Many thanks for your great videos/lectures!
January 13, 2016 at 8:24 am
In the free lecture notes – you need the lecture notes in order to follow the lectures (and the link for downloading them is above the lecture).
January 28, 2016 at 10:44 pm
Hi John, I have the same question as above. With the free lecture notes it goes straight from Example 5 on pg 31, to Example 6 on page 32. There is no example that I can see (nor any question on the Test Questions available online) that match the question you refer to…..albeit I can still follow the workings.
January 29, 2016 at 7:49 am
Sorry – the question no longer exists. I must re-record the lecture.
February 14, 2016 at 12:58 pm
Shouldnt the total of the Production department X be 27,283? and not 90,284? Thank you!
February 14, 2016 at 1:09 pm
How can it be 27,283 when 70,000 had already been allocated directly to that department before reallocating the service departments?
The answer in the lecture is correct.
February 14, 2016 at 1:20 pm
sorry i wrote 7,000 instead of 70,000. My mistake! i looked at it like 3 times and didnt spot it. silly me. Thank you for the prompt response Jhon! your amazing!
February 15, 2016 at 7:35 am
You are welcome 🙂
Vivian Ying says
December 14, 2015 at 2:03 pm
Hi,John.For Question 1,I don’t understand why need to do twice?Is for what purpose and when we know need to use this method?
December 14, 2015 at 2:30 pm
Do you mean test question 1?
If you do, then I don’t know what you mean about needed to do twice.
There are two methods of arriving at the solution and you can do it whichever way you prefer (and I do say this in the lecture).
This would only be asked as a multiple choice question and for these nobody looks at your workings. You do it whichever way you find the easiest.
December 14, 2015 at 2:33 pm
OK.Thank you for your guide.
December 14, 2015 at 2:40 pm
October 20, 2015 at 2:24 am
Great lecture..does it matter which service cost centre you reapportion first?
October 20, 2015 at 7:54 am
No – it will end up with the same answer.
(Try it and see 🙂 )
October 5, 2015 at 12:52 am
Finally I understand reapportioning using the repeated distribution method. Thank you John.
August 23, 2015 at 2:58 am
Hi I really like the approach of your teaching, it is really easy to follow, does opentuition have lectures for F3 in pounds,cause everything i see is in dollars
August 23, 2015 at 5:46 am
The lectures use $’s simply because all of the ACCA exams are in $’s. (The entries are exactly the same whatever the currency)
August 24, 2015 at 9:21 pm
May 19, 2015 at 4:16 am
The last recharge M total $4: 50% for X ($2) 40% for Y ($2). I don’t understand. Can you explain for me? Thanks.
May 19, 2015 at 8:03 am
It is simply that we are rounding to the nearest $. (There is no need to work in cents 🙂 )
May 12, 2015 at 9:10 pm
Thank you for the lectures. Is there a possibility to buy a kindle version of the support notes? I transferred them to my kindle through my amazon account, the conversion is better than expected considering the many charts, still I cannot acces the table of contents and some formulas are harder to read.
May 12, 2015 at 10:57 pm
No, sorry, we do not offer Kindle version, just the PDF
(glad to hear that basic conversion worked for you.)
as you know there are many different kind of devices and standards and we can’t start offering them all, at least for now.
October 15, 2014 at 2:42 pm
If I start with Stores first , recharge Maintenance , will I reach the same answer ?
October 15, 2014 at 4:36 pm
Yes you will. (Try it and see 🙂 )
October 16, 2014 at 2:46 pm
Thank You Sir.
July 1, 2014 at 2:01 pm
Thank you so much for teaching the repeated distribution method systematically..
I was so lost in class when my lecturer taught us.
Thanks once again 🙂
July 1, 2014 at 2:07 pm
You are welcome – I am pleased that the lecture helped 🙂
May 26, 2014 at 8:34 am
during reaportioning the service centres and rounding to the nearest dollar, what if your answer is different from the correct one in the multiple choice?
May 26, 2014 at 8:51 am
The choices of answers will be different by a big enough amount in the exam for it not to be a problem 🙂
May 25, 2014 at 6:04 pm
ok if the question mentioned the percentage of X first and then for Y, why do we calculate recharging for Y first??
May 25, 2014 at 6:09 pm
It does not matter which one you recharge first – you will end up with the same final answer. (Try it yourself and you will see that I am correct 🙂 )
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