MARGINAL AND ABSORPTION COSTING (PART 1)

[@daphinetendaimasaka]

Here 2024, and still thank God for your lectures. Everything becomes easy. Thank you

[@danielphiri5480]

Let's solve one question on marginal and absorption costing Sir..I am your keen student and always following. God bless you for your good works.

[@exceljoy8749]

You are infact the best teacher anyone can ask for

[@benedictaappianing3698]

Whenever I see your videos on topics that I find difficult understanding, I just thank God immediately.
Thank you Sir for helping out in my accounting journey

[@FOGAccountancyTutorials]

Welcome 🙏🏽

[@maryannekere]

Same here😊

[@ajoahamamensu6915]

😂 God is good. 🙌🙌🙌

[@nsuefranck8672]

The best ever Accounting Teacher 👨🏾‍🏫
You’re a Blessing 🤜🏾🤛🏾

[@nanaasibu2519]

That's fantastic.
I always love to watch your videos.
You're truly a teacher and i love the way you teach the topics.Keep it up my brother. Teaching is your blood for you are a born teacher. God bless you and thank you very much.

[@awesusamuel9472]

God bless you bro... Imagine looking for a solution to a problem and one found this.

[@bridgetlungu5070]

You are the best lecturer ever, you've made my academic journey simple. God bless you

[@benedictnkuubi9600]

I have passed this paper because of you.thank u so much

[@stanleymumba3061]

It has just come when I needed it most, thank you sir.

[@ajanitobi9566]

Thanks FOG, we look forward to the part 2. God bless you real good

[@davordzisamuel]

Finally, we have it. I remember asking FOG about helping me with a video tutorials. Thanks alot

[@andrewmartinlubuulwa8082]

It is great that you decided to simplify our task of reading by giving us these many tutorials on the various accounting topics.
you are grooming future accountants for sure.

[@lelealexander2683]

You are such an amazing teacher… Continue the good work as you’re really helping students like me

[@estherkassanga4190]

Your helping alot of students out here🙌

[@user-bd6ox3bp5b]

You have clearly opined my eyes to accounting. Thanks

[@michaelmuthoka2611]

Thanks sir,,,,infact this is what ave been waiting for ... thanks once again....Mike from Kenya.

[@bintiussillah-qe3fo]

Thanks boss May Allah continue to increase your knowledge .... Ameen

[@adedamolaolawole732]

Profound lecture and teaching skills. Weldone sir.

[@dinatukumuriwonabonadam3621]

God bless you with more knowledge sir. Thank you so much for making this so simple. You are kind

[@victorianyiam4831]

Good bless you sir,your videos have really been helpful....please do a part 3 on marginal and absorption costing please sir

[@puleperi9870]

Thank you so much
this video really brought clarity for me on the two concepts
I love it

[@joyezenatein66]

Thank you sir for your amazing videos..
Could you also do a video on learning curve?.

[@roshanafernando2443]

Sir, we'll taught. All my doubts are gone. Thank you so much. Really appreciate your teaching. Everyone, this video is worth watching.

[@brimasaidu]

Thank you sir God bless you. Your teachings is good

[@johnocallaghan6673]

I like the practical approach here with FOG

[@crystalnaj8560]

Great tutorials looking forward to part 2. Thank u.

[@FOGAccountancyTutorials]

Part 2 has already been uploaded

[@FOGAccountancyTutorials]

ua-cam.com/video/tFNs7rKXGCQ/v-deo.html

[@balogunsuliat4368]

Please do a tutorial on process costing with WIP. Thanks

[@takudzwamutevani870]

THANK YOU VERY MUCH. I BENEFITED IMMENSELY FROM THIS LECTURE

[@mogamimoepeng8406]

best teacher. i love your lesson

[@user-ip7et6ue9p]

Thank you so much 🙏🏿may God bless you sir

[@UmarRazac]

You're the best 👌
You give it all for us may Allah bless 🙌 you

[@ashinidos05]

Not all heroes wear capes. Hands down best teacher ever

[@NakaluleCatherine-ry1dt]

Greatful for ur lectures dear

[@engelmichael1716]

Great one

[@user-yf4iu8tf7e]

Your lessons have really helped me

[@kofiessuman1669]

Very useful and thanks alot Sir

[@Nothinghere761]

Mr FOG you motivate me Sir. I now understand wow.

[@deborahayomide3421]

Thank you so much for this lecturer sir.....I really appreciate

[@deborahayomide3421]

Lecture*

[@joshuahannah4190]

God bless you sir 🙏,now I understand better

[@modestagbeku1467]

U have to get best teacher award ooo

[@kitty.la_deesse]

Thank you so much sir. Please do Branches under financial accounting.

[@yanuramohaa7831]

Thanks teacher continue to teach part two of the video because is almost approaching

[@yanuramohaa7831]

Exam is almost approaching

[@collinsmawuliadzove8430]

Mr. FOG you made me good about this declaration

[@user-eu7zq4ml1d]

May the Lord bless you for your hard work❤

[@rajimotunrayo4455]

Thank you sir for all your teaching I will come back to testify. But I need teaching on the Overheard absorption rate. I can't seem to understand what other tutors are teaching.

[@delightprudence55]

Sir please can you make a video on ABC Costing and Traditional Costing

[@idoculta4463]

thaaaanks. amazing video.

[@ajayiabigail4103]

Thanks so much sir for the teaching. Well understood

[@elvischinkuli8618]

can you please help me out with this question
Dabwiso Limited uses a standard costing system. The standard cost per unit of
Product D is as follows:
K
Direct material 2 500
Direct labour 1 200
Production overheads: Variable 600
Fixed 500
Standard production cost 4 800
Standard selling price 7 500
The standard fixed production overhead absorption rate was based on a budgeted
activity of 10,000 units.
During Period 4, Production was 10,000 units as planned but sales were only 8,000
units. There was a total fixed production overhead variance of K500 000 adverse. All
units were sold at K7,500 each.
There were no opening inventory at the beginning of the period.
Other costs incurred during the period were in relation to selling and distribution, and
administration. These were as follows:
Variable Fixed
Selling and distribution 20% of sales K3 000 000
Administration - K5 000 000
Required:
(a) Prepare operating Profit statement for Period 4 using:
(i) Absorption costing
(ii) Marginal
(b) Prepare a reconciliation of the difference between the Profit/Loss under absorption
costing and under marginal costing and explain the reason for the difference.

[@mercychavula7139]

Thank you Sir for the good explanation.

[@bodenore]

God bless you for what you are doing

[@adendiriye510]

Appreciated Sir.

[@thanhmainguyen5447]

omg i'm in love with your explanation!!!

[@adenirandorcas-sv6rv]

God bless you sir, more strength in jesus name amen

[@rosaliandume8404]

Great 😊

[@BarbaraChikondo-fh4tt]

Honestly you teach so well 🔥🔥
I have exams next week and your videos are so helpful. I was requesting if you could do the video on annuities 🥹🙏🏽

[@feedersinternational9895]

Brilliant.

[@okoromasomachi]

Sir please I need more videos on performance management 😔.
I've gotten so comfortable with your videos and looking elsewhere isn't funny at all😔.

[@P.oriksYT]

Thank you so much sir
This video was so helpful 😊

[@akosualawson1587]

I just found my new teacher

[@jms_mercy716]

Pliz send part 2 sir. Thank you 😊

[@cynthiaodhiambo8072]

You are a life saver

[@shollybanti3995]

Well explained.. Good job

[@ericaampem2451]

Thank you

[@simonjohnis9331]

Thanks so much sir,,,,part 2 please

[@kellyguri1918]

The best ❤

[@thrillblurrr73]

Good day sir, please could you do a video on the topic * Job, batch and process costing.... Service costing*

[@akuegbuhilda9909]

Thank you Sir. When will the second video be uploaded?

[@maalimsopay1655]

Thank you sir, please teach us about Lease Accounting (IFRS 16).

[@mariamarume3086]

Thank you Sir i dont know how to thank you

[@isaacmorgan3318]

Thank you boss

[@user-rs3ch1yv7j]

Thank you very much sir

[@adejimiopeyemi635]

Please upload the second part
Thanks and God bless you

[@popoolalateefat1302]

Thank you very much sir, I really appreciate
Please sir, but in a place where we discovered Gross loss in absorption costing are we still going to add over absorption rate or less it?

[@AdewumiBimpe]

Thank you so much for this

[@kennedymutuku5335]

Well understood sir, I'm requesting for contract costing subtopic

[@estherraymond4184]

Thank you so much sir
Pls can you post on process costing? How to get normal, abnormal lost and gain is a problem for me. Thank you

[@drasserngolo3057]

Thank you sir be blessed

[@onyokrobert4014]

This is clear but now how do you treat Over and Under Absorption in this profit statement.

[@vivianawortwe4840]

Pls do you have a video on cos Account (interlocking,integrated etc)

[@user-rx8lu4gn3t]

Sir please how do when we have under and over absorption.

[@patrickackonu2530]

Please sir if in question you have fixed selling overhead how will you treat it under two methods

[@olajumokeabolade8900]

Do you have a video on job costing sir?

[@ramantahir4075]

How to calculate for the closing stock when one figure is given as for production and sales

[@nelsonchivandire3092]

Thank you sir. Can you do stock valuation

[@erutujironapoleon2330]

There is one already

[@jeraljeh9549]

Please do more costing topics…..

[@ChristabelDogbe-wu4fb]

Please can you do a video on process costing?

[@nakslindy549]

Thank you sir 🎉😊

[@Johnsonmoses-hp1kz]

I've have a question
What if question require came with sales 1,000 unit@10 per unit. How i mine going to start?

[@Jet.lag_2.0]

1000 × 10= 10000
meaning 10000 is your sales

[@AjisaineyJanneh]

I need Explanation on production budget please

[@emmanueladu-gyamfi6822]

Thank you very much. 🙏

[@cynthia4267]

How will you calculate for closing stock when it is not given

[@joshuaramolula2391]

How is commission on sales treated under marginal costing?

[@salawuolasumbo8331]

Thank you sir 😊

[@ramantahir4075]

Can direct wages be fixed and variable?

[@josephsabe1502]

Thanks Sir,

[@naomicharles1950]

Thanks

[@vibeztvafrica9255]

Thanks Boss!

[@ubahgedi2571]

Thanks you so much

[@atuhaireshallon248]

Some highlights on budgeting and budgetary control

[@fawaznurudeen9344]

Good