[uzma]

Thank u sir , I watched ur lectures and now I understand . It’s great that u give me nice explanation . People like u are very few god bless u

[uzma]

A COMPANY PURCHASES 40000 units at even rate during the year .Each order from the supplier is 4000 units.the company holds buffer inventory of 400units. The annual cost of holding one unit of inventory $4 .WHAT IS THE TOTAL Annual cost of holding inventory?

my answer
EOQ= 8944
Q/2*Ch=8994/2*4=17988
17988+400=18388
which is wrong
correct is 9600
i dont know how iam getting wrong
plz help me in doing the above question

[uzma]

hi
thanks i got it , hours should be multiply with hrs and Opening and closing inventory are not relevant for above question. your explantion is clear

thanks for help

[uzma]

A Company uses standard absorption costing .its fixed overhead absorption rate is $8 per machine hour and each unit of production should take 3 machine hours
last year there was an opening inventory of finished goods of 4000 units. they produced 30000 units and sold 20000 units.90000 machine hours were used for production and the total fixed overheads were $700000
what was the amount of over and under fixed overheads?

my calculation is

overhead absorbed is 24×90000=2160000

actual absorbed is 700000

2160000-700000=14600000 over absorption

which is wrong

and what is the use of opening and closing inventory in under and over absorption and how to use those values, in absorption costing closing inventory is valued at product cost, i really get confused and can u explain how to do this question
thanks

[uzma]

hi i dont know to open a new thread but the above question really works thanks

[uzma]

hi in section b of extra mtq , question 2, task 1 ,
how to calcutate opening finished goods inventory and closing finished goods inventory,, i mean how? i really did not get i try it but…………./

[uzma]

sorry does not relate to above i want to know formula of

market share of performance measurement , plz……………. thanks for updating MTQS OF sectionB IN OPEN TUTION

[uzma]

above answer abt 0.06666 is correct that makes really big difference …u were right

[uzma]

thanks for ur suggestion i try my best to give this time

[uzma]

in above question there is no demand given , so frm where did u get 20000

[uzma]

thank u sir i got it ! the calculation of 150x 4/60×12=120 is corrrect ,but 4/60 is 0.06 confused plz expain
i have written f2 CBE 20 days before but i didn’t pass i got 44% and now iam preparing again, but bit afraid the structure has changed ,previously i saw in open tution there was new specimen exam questions abt section B ,now it is not there. plz suggest me sources for section B. … reading sceniaro calculating questions take much time… i dont know how iam going to do it.. plz update f2 pilot paper full exam and extra MTQ’s ..and give some tips for exam……………..

[uzma]

thank u sir i got it !
i have written f2 CBE 20 days before but i didn’t pass i got 44% and now iam preparing again, but bit afraid the structure has changed ,previously i saw in open tution there was new specimen exam questions abt section B ,now it is not there. plz suggest me sources for section B. … reading sceniaro calculating questions take much time… i dont know how iam going to do it.. plz update f2 pilot paper full exam and extra MTQ’s ..and give some tips for exam……………..

[uzma]

so,the answer is 150 x 0.06 x 12 = 108, becoz ,108 is greater than 80

[uzma]

hi iam going to write on 18 bit nervous
any tips

[uzma]

thanks i get u
before asking answer ,the question should be correct and in proper way

[uzma]

thanx

[uzma]

iam trying to but bit afraid of result when i did get solutions

[uzma]

sorry i didn’t get again how 0.15x 1.15 or we have to take out the tax frm price

[uzma]

hi ur correct but i want to know did u get 1.15 and why are u dividing with 57500 plz explain….

and percentage of 15 is 0.15 and really confuesd. explain me

[Author]

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