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March 28, 2022 at 11:39 am
Hello sir, Rent of factory and rent of offices isn’t it the same?? Then why one classified in indirect cost and the other no production cost. Can you please explain. I did read in the previous comments, still I didn’t understand
John Moffat says
March 28, 2022 at 4:50 pm
The factory and the offices are not the same.
Production costs are those costs incurred in the factory to actually produce the goods. The offices are not producing anything and so their rent is an overhead i.e. and indirect cost.
March 28, 2022 at 4:51 pm
The factory and the offices are not the same!!
December 27, 2021 at 7:00 am
excellent teaching teaching skills, love it.
December 27, 2021 at 12:54 pm
Thank you for your comment 🙂
December 15, 2021 at 5:58 pm
Thank you sir
September 29, 2021 at 9:04 am
Aah! Really appreciated sir, The way of teaching is Really great ??
September 29, 2021 at 1:57 pm
September 11, 2021 at 11:21 pm
Thank you Sir for this lecture
September 12, 2021 at 8:22 am
You are welcome 🙂
August 14, 2021 at 2:57 pm
Thank you so much sir.
February 22, 2021 at 4:44 pm
will transportation of raw materials be a direct cost?
June 29, 2021 at 4:26 am
no,direct cost is the cost that can be directly attributed to the product. Bringing of raw material is not direct cost.
February 16, 2021 at 10:33 am
Based on this lecture and information I have reviewed elsewhere are you saying Prime costs are comprised of only Direct Materials and Direct Labor? Other text including BPP includes Direct Expenses! Please explain.
February 16, 2021 at 4:56 pm
No. As I make clear in the lectures the prime costs are comprised of costs that are directly attributable (i.e. measurable) for the product. This is almost always just material and labour, because they can be measured for each unit.
August 8, 2020 at 1:19 pm
Thank you so much sir, your lectures briefly explain the essentials the way that my current teachers aren’t able to. Hopefully I can pass the exam under your guidance.
August 8, 2020 at 3:18 pm
August 7, 2020 at 4:47 pm
Awesome lecture! Thank you sir.
August 7, 2020 at 5:59 pm
Thank you very much for your comment 🙂
May 29, 2020 at 1:06 pm
I have a doubt regarding the Indirect cost and non-production cost
According to the lecture, “wages of accounting deaprtment” / “Rent of officies” are under the Non-production costs. Apart from that, “Wages of maintenance me” / “Rent of factor” are under the indirect production. For me, these two are sounds similar. Thus, my point is that are these two are the same? If so, indirect production costs would be the same as non-production costs?
May 29, 2020 at 2:59 pm
They are not the same.
Production costs are cost of actually producing. So wages of maintenance staff and rent of the factory are costs in the factory and are production costs. Wages of accounts department and rent of offices are not costs in the factory and so are not production costs.
Indirect costs are costs that cannot be measured in each unit separately, Materials can be measured in each unit and so are direct production costs. Wages of maintenance men and rent of the factory can not be measured in each unit separately and so are indirect production costs.
May 27, 2020 at 7:09 am
I check these lectures with the origin syllabus from ACCAglobal.com and I find out that there are some chapters in syllabus not teaching here, in Opentuition, or some chapters Opentuition provided but not available in the syllabus.
Is it ok if i follow this curriculum and have exam in July 2020? Could I just pass the redundant chapters in Opentuition and Where could I find the chapters lacking?
May 27, 2020 at 8:31 am
What you have written is not true. The lectures cover everything needed to be able to pass the exam well and there are no lectures that are not in the current syllabus!
April 6, 2020 at 7:55 pm
Thank our recuture may God bless u.understandable chapter?
April 4, 2020 at 6:25 pm
April 4, 2020 at 7:04 pm
Thank you also 🙂
April 4, 2020 at 10:56 am
I spent time and energy paying for MA training and yet I couldn’t get a hang of the course until now. Thank you for making it easy.
March 14, 2020 at 7:01 am
Again , Every time i visit next chapter, I can’t stop my self to write “Awesome Lecture”. When i study from open tuition i gain the self-confidence that I am finishing it really fast.
March 14, 2020 at 7:17 am
March 12, 2020 at 10:26 pm
Thank you Sir!
January 28, 2020 at 5:00 am
Thank you so much.
January 28, 2020 at 6:44 am
January 3, 2020 at 11:51 am
Thank you very much Sir.
November 17, 2019 at 6:59 am
Thank you sir.
November 17, 2019 at 10:06 am
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