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August 10, 2020 at 4:48 am
I got 100% for this quiz, Thank sir for your free lectures
July 17, 2020 at 5:21 pm
Hi Sir, I got 80%. The only question I got confused is Q2. Could you please give an example or kind of deeper explanation on “How the traditional absorption costing tends to Under-Allocate OH cost to low-volume products”?
May 1, 2020 at 4:31 am
Could you please build bank of OT questions in order that I can pratice more ? At present, the same question appears each time I pratice.
John Moffat says
May 1, 2020 at 10:29 am
Sorry but no.
You need to buy a Revision Kit from one of the ACCA approved publishers (BPP and Kaplan). They are full of past exam and other exam standard questions in the same format as those in the real exam.
May 1, 2020 at 4:20 pm
Yes.Thank you for your advise.I wonder that whether there is some of OT question in the real exam be same as those in revision kit or same as past exam ?
May 1, 2020 at 6:40 pm
I don’t understand what you mean. Some of the questions in the real exam are similar to those in our tests.
April 17, 2020 at 10:00 pm
Greetings sir. I think you made a mistake In q3. The answer should have been $39.30. Owing to the fact that you took 96, 000 units of Q instead of 9, 600 units in calculating the total other Overheads of Q. If you had used the right units which are 9, 600 units, the answer would have been. $39.30. I hope you review an given me feedback. Thanks in advance
April 18, 2020 at 9:36 am
There is no mistake. Other overheads are absorbed on the basis of labour hours and each unit of Q takes 10 hours. 9,600 units a 10 = 96,000 hours.
April 28, 2020 at 9:37 pm
Hi John Thank you for the quiz. I can’t figure out where we got the $115200 on overheads. Please assist.thank you
April 28, 2020 at 9:41 pm
Hi John I found it, thanks
April 29, 2020 at 8:07 am
I am pleased that you found it 🙂
April 5, 2020 at 10:29 pm
Thanks so much. This is extremely helpful.
April 6, 2020 at 8:18 am
Thank you for your comment 🙂
April 7, 2020 at 2:35 pm
hi i need more help in understanding this, can anyone help me please, i am not good in accounting but i am learning.
April 7, 2020 at 2:41 pm
What is it that you need more help in understanding? Have you watched my free lectures? If anything is not clear to you in the lectures then ask in the Ask the Tutor Forum.
April 4, 2020 at 11:33 pm
Thank you.. this is really helpful.
April 5, 2020 at 8:56 am
April 1, 2020 at 11:03 pm
I’ve watched the lectures but i couldn’t answer Q 1
April 2, 2020 at 8:17 am
Have you checked the answer and understand it now?
April 2, 2020 at 9:33 am
where is the answer ?
April 26, 2020 at 2:34 pm
The answers appear if you submit your answers and then ‘review’ the quiz.
March 20, 2020 at 8:37 am
Sir can you please explain why in question 3 we have taken no of production run in calculating set up cost instead of taking total production. The overhead itself tells that its the total production setup cost.
March 20, 2020 at 2:29 pm
Set-up costs are the costs of setting the machines every time there is a production run . It doesn’t make any difference how many units they produce in the production run- they only need to set up the machines for each production run.
Did you watch my free lectures on ABC before attempting the test?
March 21, 2020 at 10:08 am
Yes sir i did watched all the lectures.
March 22, 2020 at 8:51 am
Great 🙂 I hope you are now clear about the set-up costs.
April 25, 2020 at 4:58 pm
IN Q3. I WAS trying to doing no. Of Productions Runs required For product P (2400*13) PRODUCT Q(9600*15) WHY NOT THIS. NO.OF INSPECTIONS FOR product P (13*5) PRODUCT Q (15*3) TOTAL LABOUR HOURS WERE RIGHT
March 19, 2020 at 1:50 pm
got 100%. amazing tutorials.
March 19, 2020 at 6:22 pm
Thank you for your comment, and well done 🙂
March 18, 2020 at 6:52 am
thanks sir ,it help a lot
March 1, 2020 at 4:12 pm
regarding question 4, how come the cost of abc is greater than the benefits. in your lecture, there are 4 adv and only 2 disadv?
March 1, 2020 at 4:48 pm
Counting the advantages and disadvantages means nothing at all.
The statement says the costs (i.e. in $’s) may be bigger than the benefits (i.e. the savings in $’s).
It does not say that they will be bigger — hopefully they will be lower. But they may (might) be bigger.
I make this very clear in my lecture.
April 25, 2020 at 4:47 pm
April 25, 2020 at 4:51 pm
Sir i did Unterstand only this line That Cost may be bigger than the Benefits. But i did. Not understand the SECOND LINE?
April 25, 2020 at 6:18 pm
Might be bigger means that maybe they will be bigger but maybe they will not be bigger.
April 26, 2020 at 11:40 am
Sorry By mistake ….i wanted to say thank you
February 26, 2020 at 10:15 am
Could someone explain me how in the 3rd question did we obtain the ‘115,200’ figure and what does it represent?
February 26, 2020 at 10:49 am
It is the total number of labour hours ( (2400 x 8) + (9600 x 10) )
Did you watch the free lectures before attempting the test?
January 29, 2020 at 7:09 am
I got 100% Thank your for Free Lectures
January 16, 2020 at 10:03 am
December 9, 2019 at 11:05 am
December 9, 2019 at 3:39 pm
Great (but do make sure you have a Revision Kit from one of the ACCA approved publisher. They are full of questions and answers, and question practice is vital to passing the exam).
September 16, 2019 at 9:02 pm
I got 100%!!!! Thank you so much for your excellent tutorial.
September 17, 2019 at 8:33 am
September 13, 2019 at 6:31 am
Hello, I just want to know how can ABC analysis help to reduce the “TOTAL” Overhead cost?
September 13, 2019 at 7:24 am
Have you not watched the free lecture on ABC, because I explain this in the lecture?
The biggest benefit of ABC is that because it makes us focus on what is causing the overheads to occur, we can look for ways of operating more efficiently and thus save costs.
I give examples of this in the lectures.
August 11, 2019 at 3:30 pm
Amazing… I scored 100%. Thank U!
August 11, 2019 at 4:32 pm
Well done 🙂
July 25, 2019 at 4:49 pm
Wow. I got all correct in my first attempt. Thanks John for your amazing contribution towards our future. Without your lectures, I won’t be able to clear out my exams. I will consider to donate some pounds to you guys.
July 25, 2019 at 6:01 pm
However, do make sure that you buy a Revision Kit from one of the ACCA approved publishers, because they have lots of past exam and other exam standard questions for practice. It is important to practice lots of questions – just our pick tests is not enough 🙂
July 25, 2019 at 6:23 pm
Hello sir. Thanks for your advice. I have already ordered a BPP revision kit and study text. I know study text is not a must, but it is quite helpful when I got confused about a chapter.
July 26, 2019 at 9:38 am
You are welcome 🙂
June 21, 2019 at 2:25 pm
I did not read the question 3 well. It asked to calculate cost per unit for product Q. But I calculated cost per unit of product P thinking that was asked on the question. Next time I will be more careful for sure. Anyway, thanks to John for putting these questions. You are a rare kind of human being. God bless you John.
June 21, 2019 at 4:29 pm
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