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June 19, 2020 at 4:09 pm
Hi, thanks for your lecture. I have a question about absorption costing. Where’s the number from? 63,000 for Jan, 77,500 for Feb..
John Moffat says
June 20, 2020 at 9:38 am
They are the profits that were calculated in the lectures on absorption costing for the same example.
May 4, 2020 at 7:48 pm
hi, firstly thanks for your lecture I assume that you subtracted closing inventory (50,000) for the February one as well. Can you explain why?
May 4, 2020 at 8:03 pm
sorry, i was confused with other stuff. figured it on my own! thanks for your great lecture again!
May 5, 2020 at 9:01 am
Glad you figured it out, and than you for your comment 🙂
April 7, 2020 at 2:58 pm
Can you explain the reason why absorption costing gives higher profit than marginal costing when inventory increases and vice versa.
April 7, 2020 at 4:57 pm
But I explain this in the lectures!!
March 3, 2020 at 8:32 am
I don’t write ‘cess’ 🙂
‘Less’ means subtract.
March 2, 2020 at 5:38 pm
Thank you very much for your lecture. I don’t understand how you don’t have to add the cost of producing an additional 2000 which are not sold? Isn’t that considered 2000 X the amount it cost to produce them? Looking forward to your answer. many Thanks Eli
We only subtract the cost of items that are sold. The goods left in inventory are sold in the following period and so are charged in the following period.
February 11, 2020 at 2:50 am
Thank you for great lecture! I am sorry but I don’t know what less or cess is. Whenever you track back, you write ‘less or cess’.
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