ACCA F2 Accounting for overheads part a
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How would you find the fixed overhead cost per unit if fixed overheads are absorbed on the basis of departmental cost and your given total direct material cost and fixed overhead?
Thank you
You would calculate the total overhead as a % of the total cost, and then apply this % to the cost of each department.
If you are referring to a specific question, then please ask in the Ask the Tutor forum and say which question.
Good Day Tutor
Your lectures are very helpful
Just want to know,which parts are normally asked in F2 section B exam?
Section B questions are from the Budgeting, Standard Costing (variances), and Performance Measurement areas of the syllabus.
Thank you. Just to let you know your lectures for F3 helped me pass my F3 exam
Thats great – congratulations 馃檪
Dear Sir,
Could you please explain why we didn’t calculate absorbtion rate for supervisors and add them into our cost cards in Example 3 of this lecture. I thought that it is also should be included into cost if each chair and each desk. Or we shouln’t take into account the salary of supervisors when calculatin the cost per unit?
Thanks in advance.
They are included!!!!
The cost of the supervisors is included in the total of the overheads being absorbed. Do please watch the lecture again.
I don’t understand how you get $3 dollars for chairs on the assembly line. since they spend 1/2 in the assembly and the labor cost is $2 dollars per hour. i am talking at time 21.22
I don’t get $3 for chair anywhere!!
For labour, they spend 1/2 hours in assembly and 1/2 hour in finishing, so one hour in total. All labour is paid $2 per hour, so the total labour cost for a chair is 1 x $2 = $2.
OAR for assembly is $3 so if chair takes 1/2 hr there $3*1/2= 1.5
I hope it helps
Is it possible to download lecture vedios? If yes….i need some help to do that
Thank you
The lectures can only be watched online – it is the only way that we can keep this website free of charge.
Try the UC browser
Sir, I will like to know the cost per unit for both desk and chairs if overhead is to be absorbed per materials. My calculation gave me $36.14 and $20.76 respectively. I will like to know if my answer is correct. Thanks
But why do you want to know? The question says that they are to be absorbed on labour hours!
There is a problem facing students downloading this lecture notes. We can listen but checking on chapters according to the lectures are not correct. Accounting for overheads chapter 4 is not actually 7 . I suggest a review by the technical support and officials involve. We need an update please. This lectures are so fantastic that every serious student we certainly have an average of 50%- 60% even more when seat for an exams. Download is actually blank .
Accounting for overheads is chapter 7 in the free lecture notes, and is listed as chapter 7 in the list of free lectures, so I don’t really know what your problem is. Neither do I understand what you mean by ‘download is actually blank’.
The lectures and notes are all up to date for the current syllabus and so I have no idea what update you need.
Sir, to understand this chapter. Is it neceesary to take inventory control chapter from your website or by just taking cost classification chapter from your website would be enough to understand this chapter completely…
The lectures all refer to chapters in the lecture notes, and they should all be studied in chapter order.