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F2 Revision Lectures
December 4, 2015 at 10:10 am
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
John Moffat says
December 4, 2015 at 1:46 pm
That is great – many congratulations 🙂
June 9, 2015 at 3:35 pm
lectures are extremely helpful. Thanks a million.
June 9, 2015 at 5:10 pm
I’m very happy that you find them useful 🙂
September 26, 2015 at 3:18 am
Sorry !!…. may i know where can i get the question in this video..
September 26, 2015 at 9:30 am
It is in the Revision Notes (which are linked to from the main F2 page).
(Do appreciate these lectures are notes are only for quick revision assuming that you have watched the main F2 lectures already)
September 26, 2015 at 10:33 am
I need help .. questions 3
“Production was …………………. than budgeted ” how can i get it..i tried it many times.. also the last line !
sorry for bothering you ..
September 26, 2015 at 2:17 pm
In future you must ask this sort of question in the Ask the Tutor Forum, and not as a comment on a lecture.
The fixed overhead volume variance is 2,000 adverse. The standard cost for fixed overheads is $20 per unit. Therefore they must have produced 2,000/20 = 100 units less than budgeted.
The material price variance is favourable, so they paid less than the standard price. The usage variance is adverse, so they used more than budget.
I really do suggest that you watch the free lectures on variances (not just the revision lecture).
September 26, 2015 at 2:37 pm
sorry !! This is my first time comment.. anyway thanks for answering my question..
November 26, 2013 at 3:24 pm
Can’t access the lectures on my phone pls help Nokia Lumina 820Revision Video Lectures for Paper F2Revision Video Lectures for Paper F2
November 26, 2013 at 3:31 pm
You may have to use PC
If your phone does not support mp4 streaming playback or flash player
Saqib Abdullah says
February 8, 2015 at 5:39 am
Lumina or Lumia?
Amna Zaman says
November 10, 2013 at 12:51 pm
Please explain me question 8 and question 9 for the test?
November 10, 2013 at 2:48 pm
You have put this comment below F2 Revision questions.
November 10, 2013 at 3:45 pm
Sorry forgot to mention. Its the chapter variance analysis. Please explain me question 8 and 9 in detail. Thanks
November 10, 2013 at 7:43 pm
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).
November 1, 2013 at 6:29 pm
Hi..I’m having problem in viewing the lecture..it’s not opening in my S3. Do I need to download any other application to view the video? Please tell me.
November 1, 2013 at 7:45 pm
Have you looked at the technical support page?
I think you will find help there. The lecture is working fine and so it must be to do with your S3 (whatever that is).
May 25, 2013 at 11:53 am
Cannot see the video,why?
April 2, 2013 at 4:03 pm
Is labour capacity variance same as idle rate variance? cos some textbooks deals with labour capacity variance and no idle variance
April 2, 2013 at 5:25 pm
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.
April 2, 2013 at 11:53 am
PLEASE THIS VIDEO IS NOT SHOWING
April 2, 2013 at 1:44 pm
don’t know what to say,.. lecture works fine!
Please visit the support page: http://opentuition.com/support/
natasha dhaniram says
November 18, 2012 at 1:14 am
the sales variances are not there….the rest of the revision course has been very helpful…
August 23, 2012 at 11:36 pm
thank you for the lecture and revision it is very understandable
June 25, 2012 at 7:55 am
the xplanation is xcellent bt the questions should b displayed so as we can have reference to it
June 25, 2012 at 10:05 am
@shaheennaujeer, You can download the revision notes and see the question there.
June 19, 2012 at 9:48 pm
hey the variance on sales not seeing the lecture please help
June 13, 2012 at 9:36 am
hi can anyone send me f2,,,q n ans plz
May 17, 2012 at 1:51 pm
Sir ,what about the question.Pls write the question out.
May 10, 2012 at 6:38 am
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!!!
January 30, 2012 at 12:37 pm
the sound is not too good, sometimes its very low
February 24, 2012 at 8:44 am
@mavella8, Yes we know, but there is nothing that can be done,
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