• 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 >>

Learning curve

Forums › ACCA Forums › ACCA PM Performance Management Forums › Learning curve

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 6, 2020 at 4:04 am #570105
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    “A standard costing system would need to set standard labour times after the learning curve has reached a steady state.”

    Why do we have to wait till the ‘steady state’ has been achieved? Could you elaborate on this a bit sir?

    Thank you.

    May 6, 2020 at 5:07 am #570109
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    There is a serious deficiency in adopting this approach(about allocating costs and resources till the learning curve stops/reaches steady state) because essentially we are assuming that the demand will reach that point. What if the demand does not go as far as the steady rate?Our entire set of calculations will go for a toss

    May 6, 2020 at 5:08 am #570110
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    Your response would be much helpful sir.

    May 6, 2020 at 8:05 am #570121
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54700
    • ☆☆☆☆☆

    In future you must ask in the Ask the Tutor Forum if you want me to answer. This forum is for students to help each other.

    Learning does not go on for ever – there will always come a time when workers are working as fast as they ever will (and will then not get any faster).

    If therefore we are estimating the cost per unit for long-term mass production (of more than the level at which learning stops) then we need to calculate what the time (and cost) will be once learning has stopped.

    There is no deficiency in this because we estimate the time (and costs) for the level of production we estimate. If the level is below the steady state then we use the actual estimated time for this units. If the level is above the steady state then (and only then) we use the time (and cost) once the steady state has been achieved.

    Have you watched my free lectures, because I do explain this in the lectures?

    (With regard to your third post, I always answer questions within 24 hours (and usually much faster) but I do not sit permanently in front of the computer 🙂 )

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 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

  • 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
  • Sharith on Interest rate risk management (1) Part 5 – ACCA (AFM) lectures
  • Sharith on Interest rate risk management (1) Part 5 – ACCA (AFM) lectures

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