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January 20, 2016 at 1:57 am
I didn’t understand the logic of 2% x budget = $1,250. I were confused and didn’t know how can you get this equatation. Could you please explain more detail so that I can get it.
I got : actual fixed o/h expenditure was 2% below budget” means actual fixed o/h = 98% x budget. if I called X = budget, and actual fixed o.h expenditure = 0.98 X. Therefore: 0.98X – X = $1,250. however, I got the incorrect answer.
John Moffat says
January 20, 2016 at 7:58 am
If 0.98X – X = 1250, then 0.02X = 1250 (which is the same as 2% X = 1250
January 4, 2014 at 12:26 pm
Thank great tutor
May 9, 2013 at 4:23 pm
thanks great tutor
May 22, 2012 at 1:26 am
February 22, 2012 at 12:38 pm
how come i only can see half way of the video?
somebody can help…
June 17, 2011 at 7:42 pm
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