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ACCA F2 / FIA FMA lectures Download ACCA F2 notes
September 23, 2014 at 3:12 am
Hi sir can I ask what textbook are you using?
John Moffat says
September 23, 2014 at 6:44 am
The lectures are using our free Course Notes (if you look just above the lecture, on the right hand side, it says this and gives the link).
July 29, 2014 at 4:54 pm
Can I get to know the name of this lecturer?
July 29, 2014 at 5:20 pm
Why do you want to know my name? :-))
July 29, 2014 at 5:47 pm
Oh, so that’s you. After I watched the online lectures, I have to admit that I really love your voice. Just so you know. 😀
July 29, 2014 at 5:51 pm
Well…..I don’t know what to say :-))
July 24, 2014 at 8:29 am
Can the cost per unit gotten from the cost and equivalent unit be also referred to cost per equivalent unit?
July 24, 2014 at 11:30 am
April 1, 2014 at 5:12 pm
Thanks for ur videos. I cant play videos. It is says that cross domine access denied
April 1, 2014 at 7:45 pm
Lectures work OK now
February 7, 2014 at 10:28 am
Best things in life are indeed free!Thank you so much for a very fine lucture.God bless you.
December 4, 2013 at 12:47 pm
Dear John, I have one question about inventory. I hope you will find time to check it for me. CIosing WIP invent. 2000 units, 100% complited for material, 40% complited for labour. Equivalent £12 per unit. So, I have for material 2000unit (100%) + labour 800 unit complited = 2800 unit X £12=£33600 value for units complited WIP. Is that correct? Thank you in advance for your help. Regards
December 4, 2013 at 1:28 pm
You need the equivalent cost per unit for both materials and for labour.
If is is an equivalent cost of $12 per unit for labour, the 33600 is the labour part of the value of the closing WIP. However more information is needed about the material cost to be able to calculate the full value of the WIP.
December 27, 2014 at 11:46 pm
How $33,600 could be the labour cost in WIP since the completed material were 100% meanwhile the workmanship were only achieved at rate of 40%?
Is it the total cost for both raw material and workmanship is RM12 for each unit?
December 28, 2014 at 9:08 am
Sorry…..if the equivalent cost of labour is $12 per unit, then the labour element of the WIP should be valued at 2000 x 40% x 12 = $9600.
In addition there is the material cost and since this is 100% complete this would be 2000 x equiv mat cost per unit.
However this information is missing in what agnieszka typed.
November 1, 2013 at 7:09 pm
Hello, When the process a/c is balanced i.e. units & $ both, then why we need to bring in the concept of carried forward & brought forward.
November 1, 2013 at 7:43 pm
Think about this…….suppose we are working on 1,000 units, but only 800 are finished.
What do you think happens to the other 200?
They are still there in the process and will be finished next month.
That is why we need to carry forward 200 at the end of this month and being forward 200 at the start of next month.
November 1, 2013 at 8:19 pm
Your immediate clarification was highly appreciated. Thanks…
October 28, 2013 at 10:51 am
how do i download this video?
October 28, 2013 at 4:13 pm
Videos can only be watched online. It is the only way that we can keep this website free of charge.
June 2, 2013 at 1:53 pm
Hi, Where can i find lecture video for make or buy decission?
June 2, 2013 at 2:45 pm
There is no lecture on make or buy yet. You will have to look at it in the Course Notes.
April 3, 2013 at 11:58 pm
could never understand better, thanks John, you are the best, my learning has become quite enjoyable
October 22, 2012 at 8:37 pm
Good explanation, you are super OT! these other institutions of ours do not explain this properly, Well done!
May 18, 2012 at 12:45 am
this was really great …clear explanations
May 10, 2012 at 12:37 pm
it doesnt play beyond 8 minutes
May 10, 2012 at 1:08 pm
@ishtar, if it stops, press play again, it should pick up from where it left
April 28, 2012 at 2:08 am
Only finished units are needed to transfer out from the process a/c to the next process or warehouse. And The remaining will be there for next month. => CR is 9600.
Am I right lecturer?
April 28, 2012 at 10:31 am
@saroeunsang, Yes – you are correct. The WIP is carried forward to the next period as a balance on the Process account.
Vanna Motilal says
April 27, 2012 at 5:23 pm
what is the double entry for WIP? Cr wip and debit what?
April 27, 2012 at 5:24 pm
@Vanna Motilal, or dr wip and cr what?
April 4, 2013 at 12:28 pm
We don’t debit or credit anything – we simply carry forward the balance.
April 19, 2012 at 4:58 pm
February 16, 2012 at 3:05 pm
awesome !! i like it..
January 15, 2012 at 8:23 pm
i couldnt open non of lectures on my Microsoft windows Laptop. but it worked well with apple. i will check on support as well
January 1, 2012 at 11:11 am
dont play why?
December 12, 2011 at 4:10 pm
I was not successful in opening the lecture…any advice?
December 12, 2011 at 5:10 pm
visit support page https://opentuition.com/support/
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