Than you very much for the lecture I really understood it. My question is how do you do in questions that you are not given the Units produced and the Fixed selling costs.please help me cos I have an assignment that has that question.
@jkbhurtun, in absorption costing the cost per unit of product includes both variable and fixed thats y we have to calculate fixed cost per unit because when income statements are prepared cost of sales includes production cost which includes fixed cost per unit
@marrysiap, We do not recalculate the fixed cost per unit using actual figures – we keep to the budget figures. The reason is explained in the video, but is because usually management accountants produce profit statements monthly and do not keep changing the value of inventory just because some months we produce less and some months we produce more.
you have calculated budgeted profit but in notes it is written actual statement can you please explain it .and further more how to prepare actual profit statement under absorption and marginal costing please reply asap.
i can see video now sorry admin it was my fault
i cannot see video ……..
That’s a good one. Simplified and vivid!
Dear Admin,
I cannot see this video.plz help
Than you very much for the lecture I really understood it. My question is how do you do in questions that you are not given the Units produced and the Fixed selling costs.please help me cos I have an assignment that has that question.
@lynda23, It really depends on what other information you are given in the question.
thanks for such a useful lessons
thank so much!
videos dont work today… ((
awesome
Since fixed cost does not vary with number of units produced what’s the use of calculating fixed cost per unit?..
@jkbhurtun, in absorption costing the cost per unit of product includes both variable and fixed thats y we have to calculate fixed cost per unit because when income statements are prepared cost of sales includes production cost which includes fixed cost per unit
@yusraanis, of cours we need to calculate Fx c p.u. but if production increase then Fx per unit falls. In my opinion it shoul be 20 000/11 000.
@marrysiap, We do not recalculate the fixed cost per unit using actual figures – we keep to the budget figures. The reason is explained in the video, but is because usually management accountants produce profit statements monthly and do not keep changing the value of inventory just because some months we produce less and some months we produce more.
@marrysiap, oh I’m so silly. It is BUDGET proffit statemnt. So i nbudget we use our estimation and then check over or under estimation
@marrysiap, That’s right 🙂
cant watch it also ?
whats prob?
good job sir! it is understandable, but its too much 🙁 wonder how we gona remember all this in the exams…
Hmm,no sound on this video
@time2, problem with sound is from your end, video works fine!
awesome explanation better than my instructor who is trying his highest level but still students don’t understand it clearly . Thumbs up
you have calculated budgeted profit but in notes it is written actual statement can you please explain it .and further more how to prepare actual profit statement under absorption and marginal costing please reply asap.
i dont have facebook a/c .how can i watch full movie?
you don’t need Facebook to watch lectures
how do i access this video
hi
What happened to video??? cant watch it
@gabigabi, u need to like it, only then u can see it
good for health ,because these lectures are tension free.