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October 21, 2020 at 1:35 pm
Sir, for Q4, does packing the items not fall under logistics than in production (operations department) under Porter’s Value Chain Diagram ?
John Moffat says
October 21, 2020 at 4:50 pm
Not at all. Packing them before moving them from the factory to the warehouse is a production cost.
Porter’s Value Chain is not relevant for Paper MA – it is not in the syllabus.
October 21, 2020 at 6:18 pm
Sorry sir, I was just connecting some information I learnt from one subject to another – from BT to MA. I learnt from my notes from the Institute I go to, that outbound logistics include packaging within Porter’s value chain analyses. I guess that information is wrong, or meant that outbound logistics also may include packaging as some of their activities.
December 12, 2020 at 9:21 pm
Asif110 Packaging also occurs within logistics when products are loaded in bulk onto pallets and wrapped in cellophane for example, but the packaging that’s referred to here is the direct packaging of the individual product that the consumer will receive, thus it’s a part of the finished product, thus it’s a production cost.
Also, what was meant by Porter’s Value Chain not being relevant is not that what you learned in BT is wrong per se, it’s just that it’s not included in the Management Accounting syllabus and so you’ll never be tested on it in the MA paper, so thinking about it just complicates things unnecessarily.
Correct me if I’m wrong on any of this John!
September 25, 2020 at 3:50 pm
The process of learning through opentuition is highly appreciated. Well I am still confused about the last step of Q2. Why we took 2000 units?? And fixed cost as $175000? Looking forward for your kind response. Thanks
September 25, 2020 at 4:24 pm
The answer does not take the fixed cost as $175,000. We know from the question that the total cost for 22,000 units is $170,000.
20,000 units will have the same fixed costs as 22,000 units (because they are both over 17,500 units) and therefore the only difference in the total cost will be the variable cost of the 2,000 fewer units.
September 26, 2020 at 3:52 am
Thank you so much sir. Now I get it.
September 26, 2020 at 7:34 am
You are welcome 🙂
June 17, 2020 at 11:21 pm
Thank you, sir. Your lecture was very useful. I got 100% but it took about 20mins complete. I hope I will improve soon by practicing.
June 18, 2020 at 8:17 am
Thank you for your comment 🙂
April 7, 2020 at 4:55 pm
Hi, thank you very much for the vast amount of free resources. I was amazed to find that there is a company that actually done this. I have personally attempted to do the ACCA with BPP and Kaplan and LSBF(twice) but somehow don’t carry on with it after the first month or so. I hope I can stick with it now to the very end. Quite humbled to see that you provide the resources for free so hopefully that should give me inspiration to complete this. Regards.
April 7, 2020 at 4:57 pm
Thank you for your comment, and I hope you are able to stick with it to the very end 🙂
April 9, 2020 at 6:51 pm
Yes I hope I can finish it to the end as well 🙂 I think my progression is good in this module. Do you know how we can take the exam? I think I might be ready in a month to take this exam.
Also do you recommend I buy the 2019 or the 2020 edition question revision kits from BPP?
April 10, 2020 at 9:10 am
You can find details of where you can take the exam on the ACCA website: https://www.accaglobal.com/ubcs/en/student.html
You should buy the latest edition of the Revision Kit.
(In future please ask this sort of question in the Paper MA Ask the Tutor Forum and not as a comment on a test.)
March 15, 2020 at 9:34 am
thanks loads for your notes and lectures which are awesome, especially for those who cannot afford to attend courses.
i have finished submit the answers – but i cannot find where to get the solution for question 2. i can see only option print results or view results
March 15, 2020 at 9:46 am
thank you i have seen it
March 15, 2020 at 2:21 pm
I am pleased that you found it 🙂
February 8, 2020 at 8:48 am
this is great
February 8, 2020 at 8:57 am
January 21, 2020 at 2:17 pm
there is no explanation or whatsoever in the lecture or notes for me to get the answer in question 2. Get back to me please, thanks.
January 21, 2020 at 2:49 pm
The high low method is explained in my free lectures.
This question has a little trick in it (the fixed costs increasing) but that is typical of all sorts of little tricks in the exam that the examiner does to make sure that you understand the topic and have not simply just learned ‘rules’.
The explanation that appears after you have submitted your answers and review them explains in detail how the answer is obtained. If you are not clear about the explanation then say which bit you are not clear about.
September 2, 2020 at 3:41 am
In relation to question #2: (a) it states that the increase in variable cost is now $30,000 can you please explain. (b) 2,000 units was used as opposed to $16,000 can you please explain,
September 2, 2020 at 8:31 am
The total cost increases by $35,000. $5,000 of this is the increase in the fixed costs, so the remaining $30,000 is the increase in the variable cost.
20,000 units will have the same fixed cost at 22,000 units. The variable cost will be lower by $10,000 because there are 2,000 fewer units.
September 3, 2020 at 2:14 am
Thank you for your explanation, appreciated !
September 3, 2020 at 9:09 am
December 1, 2019 at 9:20 pm
Wow I never thought of solving question 2 the way itvwasvexplained in the review. Thanks open tuition
December 2, 2019 at 12:05 pm
August 14, 2019 at 3:30 am
thank you @opentuition for making these study materials available. Much appreciation all the way from Belize Central America.
August 14, 2019 at 11:06 am
May 7, 2019 at 12:44 pm
Hi, we understand that this is just a quick test but i think there should be at least 10 questions so we can evaluate ourselves better. I would appreciate it, if you consider this proposal.
May 7, 2019 at 2:02 pm
We provide all our free lectures, notes, tests, and other material completely free of charge, so please do not expect more for nothing 🙂
As we make clear throughout our website, it is essential that you buy a Revision Kit from one of the ACCA approved publishers – then you will have plenty of questions to practice!!
May 7, 2019 at 6:43 pm
Sir I live in iran and if I want to buy that book I should almost pay my one month’s salary. but thanks for your usefull information.
June 17, 2019 at 5:23 pm
Thank you so much for making this available completely free, I am studying by myself and I truly appreciate it!
June 18, 2019 at 7:30 am
I am pleased that you appreciate it 🙂
April 16, 2019 at 3:54 pm
Woow I passed just failed the last one and I’m enjoying the calculations.. Wish the exam could bring more practical questions
April 16, 2019 at 5:20 pm
I am not sure whether you mean that you passed this test, or you passed the real exam 🙂
If it was the real exam, then congratulations.
Otherwise, do make sure that you buy a Revision Kit from one of the ACCA approved publishers, because they are full of exam standard questions for practice and practice is vital for passing the exam.
February 28, 2019 at 9:27 am
aftab2628: There are enough practice questions in the Kaplan Kit 🙂 Keep practicing, watch all the free lectures, and ask in the Ask the Tutor Forum if you have any problems.
January 27, 2019 at 2:20 pm
overall nice test but the number of questions should be increased
January 27, 2019 at 3:10 pm
These are only meant as quick tests. As we stress throughout this website, you must buy a Revision Kit from one of the ACCA approved publishers. They are full of exam standard questions for practice and practice is vital to passing the exam.
February 27, 2019 at 6:41 pm
john, I bought revision kit from Kaplan ,what else I need to pratice more.because I am not very good in cost accounting …just wonder if you can help me thanks
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