F2 - Absorption & Marginal Costing

This topic has 4 replies, 4 voices, and was last updated 3 years ago by John Moffat.

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October 13, 2018 at 12:16 pm #477772
maria44
- Topics: 6
- Replies: 7
Hello Everyone

I am really struggling to get my head around Absorption & Marginal Costing.
I have listened to the lectures but found the mock test difficult.
I know it’s just practise but has anyone got any tips or helpful advice on this?

Thanks
Maria
November 9, 2018 at 1:31 am #484245
kravine
- Topics: 2
- Replies: 3
Hello Maria

Your absolutely right dear , it’s just practise but with a propER understanding we will get the bigger picture. No matter which lesson it concerns ..

And without a proper understanding of any lesson don’t go for mocks . Do go for mocks after you have an proper knowledge of all lessons in FMA .

Anyway Maria..
What’s the problem you have in absorption nd marginal costing

Thank you
November 9, 2018 at 9:05 pm #484242
kravine
- Topics: 2
- Replies: 3
hello maria ,

yes your absolutely right .. its just practice but with understanding comes the bigger picture of ANY lesson maria .. actually absorption and marginal costing are chapters which are not much hard , if you have problems with those chapters just tell me in which area can I help you ?

thank you …
March 21, 2019 at 10:02 am #509910
dkrafiq92
- Topics: 0
- Replies: 1
I have a question about Absorption costing. In the tutorial video, the lecturer said the profit increased from $72000 to $74000 due to the Fixed Production Overhead has an extra $2000.

– Here’s the video link: https://www.youtube.com/watch?time_continue=11&v=j1HvmZJf4Qg
– The time is around 14:18.

My questions:

1. why is there a budget for fixed production overhead of $20k?
2. why is the cost per unit for fixed production OH $2?
3. why the profit increased from $72000 to $74000?

Im sorry, but im really lost at sea 🙁 i’d greatly appreciate an enlightenment!
March 21, 2019 at 5:16 pm #509983
John Moffat
Keymaster
- Topics: 57
- Replies: 50549
Why are you watching the lectures on youtube and not directly from our website? 🙂

Have you downloaded the free lectures notes that you need when watching the lecture?
Have you watched all of the earlier lectures leading up to this one?

If you have problems and you wish for me to answer then ask in the Ask the Tutor Forum – this forum is for students to help each other.
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