• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

Kaplan Study Text Additional question full cash flow forecast

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Kaplan Study Text Additional question full cash flow forecast

  • This topic has 4 replies, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • June 22, 2021 at 9:09 am #626040
    @sahil
    Participant
    • Topics: 11
    • Replies: 5
    • ☆

    The question states that business was purchased for 315000 which includes finished goods and raw materials 45000 (30000+15000). The production costs (5) are 2.5 , 1.5 and 1 for raw material direct labour and fixed overhead respectively.
    Now this means that we had 6000 units of finished goods (30000/5) which have been purchased with the business.
    In the solution part, why month 1 production units are 18,000 when they should be 12,000. (18000-6000 already exists).
    And the labour costs have also been calculated based on 18000 production units, but the labour costs of the purchased 6000 units are already there in 315,000 purchase of business entered in month 1.
    Isn’t this double counting ?

    June 22, 2021 at 9:11 am #626041
    @sahil
    Participant
    • Topics: 11
    • Replies: 5
    • ☆

    It is from Working Capital chapter 10

    June 22, 2021 at 3:04 pm #626107
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54700
    • ☆☆☆☆☆

    Sorry, but I do not have the Kaplan Study Text – only the BPP Revision Kit.

    Maybe if you ask in the other Paper FM Forum then a student who does have the Kaplan text maybe able to help you.

    June 23, 2021 at 5:48 am #626127
    @sahil
    Participant
    • Topics: 11
    • Replies: 5
    • ☆

    No worries I will look into it. Thanks for replying.
    If I study from the open tuition notes completely , will I face any major challenges in doing bpp revision kit questions?
    Sometimes the Kaplan Study Text can be too time consuming and stressful, it repeatedly states the same fact atleast 3 times.

    June 23, 2021 at 8:08 am #626134
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54700
    • ☆☆☆☆☆

    You should not study just from the notes because they are only lecture notes. You need to watch the lectures as well, because it is in the lectures that I work through the examples in the notes and explain and expand on the notes.

    The lectures (with the notes) are a complete free course and cover everything needed to be able to pass the exam well. If you are watching the lectures then you do not really need the study text.

    When you have studied all of the topics then you should attempt all of the questions in the Revision Kit. If you have any problems with the questions then look back at the relevant lecture if it is simply that you have forgotten something, or otherwise ask in this forum and I will explain.

  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • umangkumbhat on What is Assurance? – ACCA Audit and Assurance (AA)
  • ahmadhoney on How to register with ACCA?
  • John Moffat on Interest rate risk management (1) Part 5 – ACCA (AFM) lectures
  • osman-the-zephyr@ on MA Chapter 1 Questions Accounting for Management
  • adebusola on MA Chapter 1 Questions Accounting for Management

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in