Forum Replies Created
- Posts
Looking for study buddy aswel. I live in Jamaica.I sat F9, and got 48%, planning on resitting December 2020, if yo are interested email me @sbaileyknight@gmail.com…where we can further discuss strategies going forward.
hi rupert,
Congrats!!!
I have my exam on thursday coming….am so nervous. what was the exam like. what were u tested on in section b.Hi Good afternoon.
Time and quarter is the basic rate plus quarter of the basic rate.
Time and quarter is the the full $4 plus quarter of the four dollar. quarter of the $4 is $1. so the rate for overtime will be $5good evening,
sir,
i have listen to your lecture in regards to standard costing, i know how to calculate basic variance analysis. my problem is with further variance analysis. i jusst cant get the concept in calculating actual production, actual usage and so on. Is there any concept or formula u can share?will appreciate it.
what concept they ask for?
opening inventory- 200 ( 70% complete) = 60 units
completed output- =2650 units
Closing inventory 500units ( 40% complete)=200untis
————-
2910 unitsBut barbara calculate the opening to be 140units, if that the opening the answer would be 2990 units. so which is correct?
Production budget= production in units 450 550
Less opening inventory 20 50
Add closing inventory 30 40
——— ————
460 540material usuage= 460 * 2 *5 4600 2700 (540*1*5)
Material Purchase= 4600 2700
50
Add closing 60
—— ———-
4610 2700= 7310 my answer/ correct ans 7350
How did they arrive at that answer?????labour bugget: 460*18/60*8 1104 2160 (30/60*540*8)
= 3264
Hi re: this question’.isn’t the formula for calculating holding cost q/2* ch,so y in question 1 we used EOQ/2* ch to get 1000
