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  3. output total cost
    (units) ($)
    200 7000
    300 8000
    400 8600
    For output volume above 350 units the variable cost per unit falls by 10% (this applies to all units)

    can you please solve this for me???

  6. Sir you said “forklift driver” is an indirect labour it doesn’t produce any thing. You said in previous lecture that indirect costs are necessary for production but cannot be measured in one unit and cost which is not necessary for production are non production costs. So how come forklift driver is an indirect cost not a non production cost????

      • To be sure of a reply you should ask in the Ask the Tutor Forum. It is not always possible for me to see all comments on lectures, but questions in the Ask the Tutor Forum are always answered within 24 hours.

        As the forklift truck driver is working in the factory, it is a cost of production. But since it cannot be measured on a per unit basis, it is an indirect production cost (or production overhead).

      • So if forklift driver works in store not in a factory and also doesn’t produce any thing so how can it be indirect cost

  7. In solving the question no 1; After deducting the extra fixed cost of 5000 and getting d variable cost. You did not work out ur fixed cost before moving to the total cost of producing 20000unit? What if our cost did not have any step up fixed? How are we going to calculate the cost of producing the 20000 units? Please I need more clarification on this.. Thank you sir.

    • Same here, I am only seeing 5 Multiple Choice Questions but neither of them are in comparison to those being explained in the lectures. Can someone please direct me to that last example explained in this lecturer. Thanks in advance.

      • Sorry – they need cutting from the lecture.
        (It is because the questions used to be in the lecture notes, but have now been removed and instead we have the online practice questions).

  11. Hi John where do we get access to the exact question from this lecture? I have seen questions for Chapter 4 on the website however some of them are different. Thanks!

    By the way your lectures are outstanding. 馃槈

      • Sorry but I haven’t find the question yet… in F2 lecture notes there are no question ( the chapter ends at page 17 of the pdf file)! Can you be more specific

        In the meantime, thank you so much for your dedication and work on the site!!! We are very grateful!

      • If you are using the current set of lecture notes then it is on page 14.
        (If you downloaded the previous set, then it is on page 16).
        The example is headed up “Example 6”!!

  13. Hi,John

    I’m very understand about the question as below can you explain it?

    5.
    Up to a given level of activity in each period the purchase price per unit of a raw material is constant. After that point a lower price per unit applies both to further units purchased and also retrospectively to all units already purchased.

    • Actually your message has made me realise that test question 7 should not in fact be at the end of this chapter but should be at the end of chapter 6 on accounting for labour.

      We don’t record videos for any of the test questions, but if you still have a problem with it after reading chapter 6 then please ask in the F2 Ask the Tutor Forum and I will help you.

  18. Hi I am wondering if I go through the lectures will it be a good replacement from studying the textbook? I know I will have to of course practice through the exam kit which I already bought. I prefer the lectures as reading the BPP book is a pain.

    • We don’t usually go through the tests in the lectures – they are for you to try!!
      In the lectures we go through the examples in the notes.

      If you have looked at the contents page of the lecture notes you will have seen that the answers to all of the tests are in the lecture notes. If you have problems with any of the answers then you should ask in the Ask the Tutor Forum.

  20. Dear John

    Hope you well

    I’m planning to write F2 and F3 in November, I’m using exam kit Get Through Guides (Feb 2013 to Jan 2014), may I buy other updated ones maybe BBP, Kaplan,Becker in order to prepare may exam or still use them.

    Thank you in advance

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