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Technical Problems
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This is amazing! Going through the humongous study text was killing me! You have simplified F2 for me.. Can’t thank you enough – extremely grateful student 🙂
Thank you for your comment (but don’t forget to watch the main free lectures – they cover the whole syllabus for Paper F2).
Yes I came to watch the revision lectures only after watching all your main lectures on F2. I Passed with 80%. Very pleased with the result. Thank you so much for the great lectures and notes 🙂
Thank you for the comment 🙂
Sir, help?
This year, the output is 5000 units and the overhead cost is $31000. Three years ago, the output was 2000 units and the overhead cost is $8800. The price index was 132 three years ago and is 164 this year. Using the high-low technique, what is the variable cost per unit (to the nearest $0.01) expressed in current year prices?
(answer is $6.69) i got this question from the revision mock exam.
You restate the cost 3 years ago in current price terms. It is $8,800 x 164/132 = $10,933
Then you use the normal high/low approach.
High is 5,000 units with cost $31,000
Low is 2,000 units with cost $10,933
Really helpful…
lovely
how can i download the revision notes
thanks