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ACCA F9 lectures ACCA F9 notes
April 6, 2015 at 5:12 am
Sir, I don’t find any clue of wages calculation . Can you please explain how does wages
figure arrived such as for the month of January 12000 & 3000 and so on?
John Moffat says
April 6, 2015 at 11:13 am
January’s wages are 16000
75% are paid in the current month, so 12,000 are paid in January
25% are paid in the following month, so 4,000 are paid in February,
February’s wages are 20,000
75% are paid in the current month, so 15,000 are paid in February.
25% are paid in the following month, so 5,000 are paid in March.
So the total cash paid in February is 4,000 + 15,000 = 19,000
It is the same workings for every month.
November 20, 2014 at 7:46 pm
Comment on your results in the light of the managing director’s comments and o?er advice……can you pls explain it in writing???As finding difficulty in understanding!!!
sibin thomas says
November 18, 2014 at 8:16 am
sir in the above example where the opening inventory of 15000
Why its not used the month of Nov ?
November 18, 2014 at 8:43 am
What opening inventory???
I assume that you have the Course Notes in front of you (otherwise there would be no point in watching the lecture) and there is no mention of any opening inventory (and it would be irrelevant anyway since the questions tells us the purchases each month).
(The $15,000 in the question is the opening cash balance – i.e. the cash at the start of January – and this is dealt with.)
November 18, 2014 at 3:43 pm
its not mentioned that the opening cash is for the month of jan
November 18, 2014 at 3:57 pm
True – it is not mentioned directly. However, since we are asked for a cash budget for Jan, Fed, Mar, it is reasonable to assume that it the opening balance for the period in question. (And if it was the opening balance at the beginning of November, then the question would be impossible)
November 4, 2014 at 7:21 am
Sir. please check forum under FFM subject. Thanks.
June 1, 2014 at 9:17 pm
Can we also advise the managing director to finance the capital expenditure with long term financing?
June 2, 2014 at 3:39 pm
Yes – certainly!
October 17, 2013 at 8:29 am
I do enjoy your lectures but i am not getting the %s used in Example one chapter 5. even the answers at the back are showing it the same way. For me 40% of 80000 is 32000. Please help me understand this. Thank you.
October 17, 2013 at 3:48 pm
I assume you mean example 1 in Chapter 6?
Also, I assume you are talking about the sales of 80,000 in November X1.
40% of 80,000 is indeed 32,000. However they are the cash sales in November and therefore the cash would be received in November. We are preparing the cash budget for January onwards.
It is only the credit sales in November where (because they are on credit) the cash will be received 2 months later – i.e. in January.
So the cash receipts in January are the cash sales in January (40% x 110,000), plus the cash received from the credit sales made 2 months earlier (i.e. in November, so 60% x 80,000)
September 26, 2013 at 12:17 pm
i wonder how do you get to sit at those lectures? where are they and when?
July 19, 2013 at 7:08 am
Great lectures you have here. Thanks for all the work.
May 18, 2013 at 3:37 am
For speculative motive isn’t better to be placed in a bank or buy short investment where one can get interest and dividend, whereas if one buy stock because its cheaper making savings one might say its like earning the interest and dividend, but what about the holding cost?
May 18, 2013 at 6:53 am
It really depends on the costs involved. The speculative motive is not saying that it is necessarily better – it is simply that if it is better then it is only possible if there is spare cash. There is no requirement to keep extra cash for the speculative motive – it is just a reason that some companies might choose to hold extra cash.
April 7, 2013 at 6:18 am
i am so much enjoying my acca studies since i got to know ot my life has jus been good i is so clear thank u for the clear f9 lecures
February 25, 2013 at 10:25 am
Sir please since last week have not been able to access the videos. anytime i long in am be told that 404. not found.
Please what is the problem?
February 25, 2013 at 11:25 am
What are you using to play???
N0thing has changed on the site – so it’s your device that stopped working properly.. maybe you have updated it..
February 4, 2013 at 2:13 pm
Sir when i go through Kaplan i find that there are three methods by which cash forecasts can be prepared
– receipts and paymens
– balance sheet forcast
– working capital ratios
in the notes you treated only receipts and payments.
are the other ones no longer part of the syllabus??
November 12, 2012 at 6:02 pm
Can I please ask you the calculation of wages?
In Jan – Where did the extra 3000 come from? Also, what about the 75% and 25%?
November 12, 2012 at 8:11 pm
@abeers, In January they pay 75% of January’s wages (12,000) and also 25% of December’s wages (3,000). That is where the extra 3000 comes from!!
November 13, 2012 at 4:21 pm
@johnmoffat, Thank you! I have been calculating wages for the month of Dec by mistake 😛
November 13, 2012 at 7:06 pm
November 8, 2012 at 2:10 am
I am in love with the deliver method of the instructor… should i say obsess lol (if an instructor don’t deliver like him my brain does not understand hahaha!!! thank you so much
April 5, 2012 at 2:51 pm
I cannot understand the full cash forecast
how to calculate purchase from inventory etc …
is this explained ? is this important to know for the exam?
November 12, 2012 at 8:13 pm
@barbara2012, Cost of sales = Opening inventory of finished goods + cost of production – closing inventory of finished goods.
Cost of production = opening inventory of raw materials + purchases of raw materials – closing inventory of raw materials.
These are from Paper F2
Mohammad Usman says
December 30, 2012 at 4:54 pm
@johnmoffat, \ i think
cost of sale=opening inventory of finished goods+ cost of production-closing inventory of raw material
December 30, 2012 at 4:56 pm
@johnmoffat, please guide
December 30, 2012 at 5:14 pm
@Mohammad Usman, My answer to Barbara is correct.
December 21, 2011 at 8:43 am
Sound of this lecture is not at all after half of the lecture… Can u pls update it..
November 20, 2011 at 7:30 am
F1: 60% F5: 53%
F2: 77% F6: 50%
F3: 86% F7: 59%
F4: 65% F8: 50%
ALL PASSED IN 1ST ATTEMPT…….
April 5, 2012 at 2:49 pm
@Pappo-Baccha, well done, how many papers did u sit per exam?
October 1, 2011 at 7:44 pm
Thanks a mil.
May 24, 2011 at 3:57 pm
U gat gud stuf
May 24, 2011 at 3:28 pm
i passed F7 using the same shortcut in one attempt.use them.
May 20, 2011 at 1:08 pm
can the shortcuts i have seen from the videos of F7 e.g. TNCA, dpn, post acq e.t.c. be used in the exam?
May 20, 2011 at 1:24 pm
Yes they can
May 12, 2011 at 8:30 am
can’t you just use google to find out?
May 12, 2011 at 1:26 am
I do enjoy these lectures!! quite clear. Is this an actual classroom setting and if so what college is this.
April 5, 2012 at 2:52 pm
@livi, i think is in East Europe
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