OpenTuition.com Free resources for ACCA and CIMA students
Free ACCA and CIMA on line courses | Free ACCA, CIMA, FIA Notes, Lectures, Tests and Forums
February 21, 2020 at 1:14 pm
these questions are quite helpful thank you
John Moffat says
February 21, 2020 at 4:09 pm
You are welcome (but do make sure you buy a Revision Kit from one of the ACCA approved publishers, so you will have many more questions to practice 🙂 )
September 10, 2018 at 10:21 am
hey.. thank you for all the help you are giving.. 🙂
September 11, 2018 at 8:31 am
Thank you for your comment 🙂
May 24, 2018 at 10:47 pm
Thanks a lot. I was ill and behind schedule, the lecture notes and video summed the whole chapter perfectly. I got all the questions on the quiz correct but I noticed a different formula was used to find the standard hours for actual output although the answer is the same.
May 25, 2018 at 7:27 am
No problem what formula you use – the marks are for the final answer 🙂
January 18, 2018 at 2:19 pm
January 18, 2018 at 8:50 pm
Well done 🙂
November 4, 2017 at 2:16 pm
I scored 4/5 in my first attempt.thanks so much Sir. I observed it will be difficult to calculate without the formula at one’s finger tips
November 4, 2017 at 2:23 pm
You are given the formulae in the exam 🙂
June 4, 2018 at 11:16 am
Hello Sir, do you mean that the formula in accounting for labor such as labor turnover, capacity ratio etc..will be given during the exam? thank you so much for the lectures. I have no previous knowledge of accounting yet I find them helpful and easy to understand.
June 4, 2018 at 3:35 pm
No – those formulae are not given. If you look at the first few pages in the free lecture notes you will find the formula sheet that is given to you in the exam.
August 16, 2017 at 6:27 pm
the questions are just like high school maths
Just that people often get confused when it comes to applying it in senerio
August 1, 2017 at 12:35 pm
Q3 Labour capacity ratio, untill now i don’t understand this ratio because the units produced with each hours is not the same !
August 1, 2017 at 3:22 pm
The units produced are irrelevant for the capacity ratio. The capacity ratio is simply seeing whether more or less hours were available than were budgeted.
It is explained in Chapter 7 of our free lecture notes, and the free lectures that go with it.
November 18, 2018 at 11:11 pm
Perfect, this comment answered what I was curious about. Thank you
November 19, 2018 at 9:51 am
February 18, 2017 at 7:37 pm
Q3 The answer says 11000/8000 ? but the units produced is not the same so how can i take the same hours !
February 18, 2017 at 7:39 pm
my bad .. got confused cause the second question was simillair
February 19, 2017 at 7:40 am
No problem – I am pleased you have sorted it out 🙂
January 26, 2017 at 1:39 pm
explain question 2 🙁
January 12, 2017 at 7:24 pm
Are there no questions for Chapter 8? They were mentioned in the lectures but the link for the questions doesn’t seem to be working..
January 13, 2017 at 7:36 pm
Yes there are – there was a problem with the link 🙁
It should be OK now.
January 18, 2017 at 6:30 pm
February 20, 2016 at 11:27 am
February 19, 2016 at 3:12 am
February 19, 2016 at 6:53 am
It is similar to one of the examples I work through in the lecture.
You need to calculate the rate per hour for each department separately by dividing the cost of that department by the total hours worked in that department. Then you can cost out the units based on the hours worked in each of the departments.
The full workings appear after you have submitted an answer.
If you have not already done so then I do suggest that you watch the free lectures where I work through a very similar example.
February 18, 2016 at 3:39 am
Hello sir, really appreciate what you`re doing for us. Please can you give me an explanation to this practice question
February 18, 2016 at 7:33 am
Which practice question? There are 4 of them!
You must be logged in to post a comment.