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  2. Hi Sir your classes amazing and really helpful when it comes to concepts. I just wanted to request that when you please keep the mic a bit closer because its very hard to understand when the voice keeps fluctuating as sometimes its very low sometime high. Please keep it close so that it would be loud and clear and no student could miss any concept while you are making us understand it.

    Hope you will consider my request and thank you for being such an amazing teacher.

    • Thank you for your comments.

      The Revision Lectures were recorded in a classroom which is why the sound is erratic. However if you listen to the main lectures (which cover the entries syllabus) then these have all been re-recorded and you should not have a problem with the sound on those 馃檪

  3. Hi John,

    Hope you are well. I just want to say a very big THANK YOU to you. You teach to know what the concept is and how to understand what the whole thing is but not to just memorize the formula or workings. That was what helped yesterday when I did my F2 paper and I passed hurrayyyyyyy….The questions was so twisted that only someone that understand the concept behind it will pass. Thank you so much. you are a natural.

    Thank you so much John.

    Have a fab. weekend

      • For question 8:

        We know that the variance is 1250, and because it is the expenditure variance, this is the difference between the actual and the budget fixed overheads.
        We also know that the actual is 2% below budget, and so the variance (or difference) is 2% of the budget figure.
        Since we know that the variance is 1250, this must be 2% of the budget amount. So….we can calculate the budget amount (1250/2%) and the actual expenditure will be 1250 lower than this budget figure.

        For question 9:

        We calculate the labour efficiency variance by comparing the actual hours (27,000) with the standard hours for the actual production (29880) and then we cost out the difference at the standard cost per hour (of $8.50).

    • Capacity variance relates to fixed overheads. If there is more labour available than budgeted then it is possible to produce more units, and this gives rise to a fixed overhead variance if we are using absorption costing.

      It is different from the idle time variance which related purely to the labour.

      Capacity variance is not a labour variance.

  17. sir z topic is better explained however there is some doubt on figures as we don’t have question in front of us so it is not clearly understandable sir!!!so please if we could be given questions except on material n labour which is given!!!

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