If you do, then I don’t know what you mean about needed to do twice. There are two methods of arriving at the solution and you can do it whichever way you prefer (and I do say this in the lecture).
This would only be asked as a multiple choice question and for these nobody looks at your workings. You do it whichever way you find the easiest.
Hi I really like the approach of your teaching, it is really easy to follow, does opentuition have lectures for F3 in pounds,cause everything i see is in dollars
Hello, Thank you for the lectures. Is there a possibility to buy a kindle version of the support notes? I transferred them to my kindle through my amazon account, the conversion is better than expected considering the many charts, still I cannot acces the table of contents and some formulas are harder to read.
No, sorry, we do not offer Kindle version, just the PDF (glad to hear that basic conversion worked for you.) as you know there are many different kind of devices and standards and we can’t start offering them all, at least for now.
Hello Sir.. Thank you so much for teaching the repeated distribution method systematically.. I was so lost in class when my lecturer taught us. Thanks once again ๐
Hi during reaportioning the service centres and rounding to the nearest dollar, what if your answer is different from the correct one in the multiple choice? Thanks
It does not matter which one you recharge first โ you will end up with the same final answer. (Try it yourself and you will see that I am correct ๐ )
Sorry, but I am a bit puzzled which question you are referring to. Do you mean question 1 of the test at the end of the chapter? (If you do, then I don’t know where you get the 1500 from)
Great tutor! I wish I could be in that class! I hear a lot of Latvian names been mentioned in this class. Where is this based? I’m Latvian myself but study from home with BPP.
Because we need to absorb the overheads over the production, but the service centre does not produce anything – it just does work for the productions centres that do produce units.
Hello teacher, i understood this chapter very clearly but when i opened the kaplan an bpp kits to solve them i found questions of under absorbed and over absorbed ovhds. There is no lecture on this topic?
these easy understanding lectures are saving my life! Thanks a lot!!.
I have a question around 5:35 at recharge canteen cost. Why dont we dived 50/100 and 40/100 instead of 50/90 and 40/90 since there are total 100 employees?
oh sorry i thought u were talking about the previous lecture. The reason that he didnt use 100employees is because 10 employees are of the canteen depaertment. He is recharging the total canteen costs to the production departments which have total of 90 employees.
vivianlmy5513 says
Hi,John.For Question 1,I don’t understand why need to do twice?Is for what purpose and when we know need to use this method?
John Moffat says
Do you mean test question 1?
If you do, then I don’t know what you mean about needed to do twice.
There are two methods of arriving at the solution and you can do it whichever way you prefer (and I do say this in the lecture).
This would only be asked as a multiple choice question and for these nobody looks at your workings. You do it whichever way you find the easiest.
vivianlmy5513 says
OK.Thank you for your guide.
John Moffat says
You are welcome ๐
kazilala says
Great lecture..does it matter which service cost centre you reapportion first?
John Moffat says
No – it will end up with the same answer.
(Try it and see ๐ )
icefox says
Finally I understand reapportioning using the repeated distribution method. Thank you John.
mkoma says
Hi I really like the approach of your teaching, it is really easy to follow, does opentuition have lectures for F3 in pounds,cause everything i see is in dollars
John Moffat says
The lectures use $’s simply because all of the ACCA exams are in $’s. (The entries are exactly the same whatever the currency)
mkoma says
Thanks John
hang says
The last recharge M total $4: 50% for X ($2) 40% for Y ($2). I don’t understand. Can you explain for me? Thanks.
John Moffat says
It is simply that we are rounding to the nearest $. (There is no need to work in cents ๐ )
Eva says
Hello,
Thank you for the lectures. Is there a possibility to buy a kindle version of the support notes? I transferred them to my kindle through my amazon account, the conversion is better than expected considering the many charts, still I cannot acces the table of contents and some formulas are harder to read.
opentuition_team says
No, sorry, we do not offer Kindle version, just the PDF
(glad to hear that basic conversion worked for you.)
as you know there are many different kind of devices and standards and we can’t start offering them all, at least for now.
Sashen says
If I start with Stores first , recharge Maintenance , will I reach the same answer ?
John Moffat says
Yes you will. (Try it and see ๐ )
Sashen says
Thank You Sir.
Phurani says
Hello Sir..
Thank you so much for teaching the repeated distribution method systematically..
I was so lost in class when my lecturer taught us.
Thanks once again ๐
John Moffat says
You are welcome – I am pleased that the lecture helped ๐
Kings says
Hi
during reaportioning the service centres and rounding to the nearest dollar, what if your answer is different from the correct one in the multiple choice?
Thanks
John Moffat says
The choices of answers will be different by a big enough amount in the exam for it not to be a problem ๐
Dipty says
Hi!
ok if the question mentioned the percentage of X first and then for Y, why do we calculate recharging for Y first??
Thanks
John Moffat says
It does not matter which one you recharge first โ you will end up with the same final answer. (Try it yourself and you will see that I am correct ๐ )
Abdullah says
sir in question 1 on depart. A how did you get that value of 9000 for service cost center Y
i kinda lost it nd cant figure it out :/
John Moffat says
Department Y is 30,000.
When we come to recharging, the little table in the question says that Y does 30% of its work for department A.
30% x $30,000 = $9,000.
faras says
Love open tution GOD bless u ??????
siobhan12 says
Hi,
Can you please explain Question 4 on the test question,From CH7 not sure how you got 13 euro for ans
thank you
John Moffat says
Department X has total overheads of $88000.
The total hours worked in dept X are (8000 x 3) + (8000 x 2.5) = 44000
So the overhead absorption rate is $88000/44000 = $2 per hour.
You can do the same for Dept Y and work out overheads per hour for Y.
To calculate the cost per unit for product M, it is 2.5 hours at the adept X rate, plus 2 hours at the Dept Y rate.
( incidentally, there are no euros in paper F2 – everything is in dollars ๐ )
In future, if you want me to answer a question, then please ask it in the Ask ACCA Tutor Forum. I can not always read comments below lectures.
hirrofic says
Sir, at the last line ( recharge for M ) why did you take 50 % instead of 45 % for x ? and why did for y it remains the same ’45 %’ ?
ahmed says
Hi sir just wondering about question 1. Why have you reapportioned X again to get the figure 1500 to add to A?
John Moffat says
Sorry, but I am a bit puzzled which question you are referring to.
Do you mean question 1 of the test at the end of the chapter?
(If you do, then I don’t know where you get the 1500 from)
Aiga says
Great tutor! I wish I could be in that class! I hear a lot of Latvian names been mentioned in this class. Where is this based? I’m Latvian myself but study from home with BPP.
admin says
Maybe it’s time to come back home ๐ to Riga ๐
togizachew says
Thanks a mill. Opentuition.Com. Why need recharge the service cost center over production?
John Moffat says
Because we need to absorb the overheads over the production, but the service centre does not produce anything – it just does work for the productions centres that do produce units.
hamzaakber says
Hello teacher, i understood this chapter very clearly but when i opened the kaplan an bpp kits to solve them i found questions of under absorbed and over absorbed ovhds. There is no lecture on this topic?
John Moffat says
The lectures are with the chapter on absorption costing.
Nouman says
You are AWESOME SIR!!!! . Dont let anyone tell u otherwise ๐
jessntkt says
these easy understanding lectures are saving my life! Thanks a lot!!.
I have a question around 5:35 at recharge canteen cost. Why dont we dived 50/100 and 40/100 instead of 50/90 and 40/90 since there are total 100 employees?
Nouman says
You are absolutely right.He made a mistake the first time which he corrected later on in the lecture
Nouman says
oh sorry i thought u were talking about the previous lecture. The reason that he didnt use 100employees is because 10 employees are of the canteen depaertment. He is recharging the total canteen costs to the production departments which have total of 90 employees.
shashi0805 says
i also have the same ques, why we counting 90 employees…
thanks Nouman for the answer.