The business environment has been changing rapidly in recent years due to factors such as:
- Increased competition
- Globalisation
- Privatisation
- Technology in general; information technology; the Internet
- Rapid changes in customer requirements
- New approaches to manufacturing e.g. just-in-time; dedicated cells.
vaish24 says
hello, in the chater 7 example 3 , where does the 2/3rd of fixed costs which relates to factory time go to ?
ceevs92 says
Hi. Thanks you for this lecture (& all your lectures for that matter). I was hoping you could help with regards to one of the recommended questions (Robust Laptops). The answer suggests that the overhead allocated under the current method of standard costing is $596.22. The formula they have advised for this is (14,190,000/(23,800×3)) however, this gives $198.74, so I am unsure why this is multiplied by 3 again to give the answer?
Appreciate any assistance you can give with this
Thanks
Ken Garrett says
There are 3 labour hours per unit so the hourly absorption rate must be x3 to get absorption per unit.
Better to ask question in the “Ask ACCA tutor” part of the website as we regularly mpnitor there.
asher100 says
Isn’t the question saying for every 1,000 units of product A produced, $30,000 in fixed costs are being incurred? Therefore why are we multiplying 1,000 * $30,000?
asher100 says
Answered my own question. Didn’t initially see that it said unit cost card in the question.
nm11 says
Hello
The exam Qs given here in the lectures are old ie before 2014 –
– giving Dec 2007/June 2010June 2010/June 2013
Is it possible to have later ones – as on the ACCA website they start from 2014 onwards.
please advise
Thank You.
Jeet says
Wonderful lecture. Thank you, Gromit!
bobcat says
Excellent lecture. Thank you…
zeshanabbas says
Sir, excellent… Thanx a lot.
xfyang says
Thanks a lot to the Opentuition. The knowledge learnt not only helpful for preparing the exam but also directly useful for my daily responsibilty scope. Thanks your all!
mawambugu says
Excellent teaching i wish i discovered this site ealier, Kudos sir you are good. Maryscola
mak7ali says
These lectures and notes are really helpful, Mr Gromit 馃檪
Thanks for all your effort.
afridi9rizwan says
There is a typing error in the notes as it mentions 1000 units of B rather than 100
Georgemulanda says
That’s very true, it almost got me confused
honeyman says
Thanks for this lecture.It is very helpful.
slobodanm says
Very good.