[camtuvu]

Thanks for your explaination!

I get it now 😀

[camtuvu]

Really sorry, my mistake.
Many thanks.

[camtuvu]

I passed F8 with 51% at first attempt. I am so happy right now !!!

[camtuvu]

Thank you!

[camtuvu]

Thank you sir for your explaination.

Could you give me an example of a pervasive misstatement?

[camtuvu]

Passed F2 today with 71%. Thank you so much, Opentuition!

[camtuvu]

Just some thoughts of mine.

First of all, in absorption costing, you need to add closing inventory in order to get absorption costing profit = $22000 (50000 – 56000 + 28000). Then you can get the right answer is (C) $10000. Example 1, part b in the free video (chap 9) lecture did demonstrate this.

Secondly, over/under-absorption costing does not affect the difference in profit between marginal and absorption costing. (I got this from the answer in BPP kit :D)

I hope I made myself clear to you.

Look forward to the reply from Mr Moffat.

[camtuvu]

Oh, I got it. Thank you very much, Mr Moffat.

[camtuvu]

Square meters decorated: Period 1- 10000; Period 2 – 14000.
total cost: Period 1- $44000; Period 2 – $56000.

when more than 12000 square meters are decorated, the fixed costs increase by $6000.

The total costs of 15500 square meters decorated is?

[camtuvu]

I did watch your lectures on this topic before coming to the question bank in the textbook.

Question 19, there is an increase of in fixed cost when the level of activity reaches an exact amount.

Is it okay if I type the full question here?

[camtuvu]

Thank you very much, Opentuition. I passed F3 with 71%

[camtuvu]

this question is in BPP kit

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