Relevant Costing ACCA Help | ACCA Paper PM CBE | Question Telephone Co (T-Co) Dec 2011

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  • Опубліковано 10 лип 2024
  • 🚀 Get all my PM Videos here: tinyurl.com/ACCA-PM-Help 🚀 Help, tips, and exam technique advice for the ACCA CBE PM Exam. Here's how to tackle a challenging Relevant Costing question in CBE. I'll take you through past exam question T-Co (Telephone Co) from the Dec 2011 ACCA PM exam, demonstrating an approach and the exam technique that will help you get a pass. This is a section-c type question and I'll show you the CBE word processor exam technique.
    Good luck on your ACCA PM exam!
    ************************************************************************
    Steve Willis ACCA
    How to Pass ACCA CBE Exams
    For more help with ACCA PM and Relevant costing, check out Open Tuition • ACCA F5 Relevant Costing
    Find many other helpful videos on James Wright ACCA / jameswrightacca

КОМЕНТАРІ • 34

  • @SteveWillisACCA
    @SteveWillisACCA  10 місяців тому

    🎯To get access to all my videos with NO ADS, and to join my WhatsApp Group, click Here: videos.stevewillistraining.com
    See you in the WhatsApp group!🎯

  • @steliyanatraykova-dimitrov7455
    @steliyanatraykova-dimitrov7455 3 роки тому +9

    Really useful video how to tackle such complex exam question in a simple way. Thank you so much for preparing this material!

  • @johnnymax128
    @johnnymax128 2 роки тому +1

    Thank you Mr. Steve for making the video and helping to us. That really makes us confident to ourselves and never give up for exam preparation!!

  • @afua3410
    @afua3410 2 роки тому +1

    Wow - if I ever looked at this question I wouldnt know how to answer it at all. But the way you broke it down and simplified it! Truly shocked thankyou so much !

  • @anne-marieamb5307
    @anne-marieamb5307 3 роки тому +1

    Beautifully explained, Thank you Steve very elegant and clear.

  • @nandhunish
    @nandhunish Рік тому +2

    Thank you soo much sir for letting us know about how to present the answer perfectly 💯💯

  • @abbosrustamov1284
    @abbosrustamov1284 2 роки тому +1

    Thank you for showing techniques on how to approach these types of questions.

  • @raqeebullah4147
    @raqeebullah4147 4 місяці тому +1

    thanks sir steve so helpfull

  • @aayushiarora2366
    @aayushiarora2366 3 роки тому +1

    Thank you so much for this content! A really simple, easy and neat way to solve this problem. You are a life saver! Thanks a ton!

    • @SteveWillisACCA
      @SteveWillisACCA  3 роки тому

      Glad it helped!

    • @aayushiarora2366
      @aayushiarora2366 3 роки тому

      @@SteveWillisACCA thank you for replying! Just a quick question, will this method apply for comparative statements as well? (As in for comparing 2 contracts) If yes, then can we just club the "description column" for both contracts?

    • @SteveWillisACCA
      @SteveWillisACCA  3 роки тому

      Can you send me an example of this type of question? The column for discussion is only there because it was a requirement in the question.

    • @aayushiarora2366
      @aayushiarora2366 3 роки тому

      @@SteveWillisACCA Yeah sure! So the question gave us Cost Estimates (for 2 contracts) along with notes. The requirements were: 1. Present comparative statements to show the net benefit to the company of undertaking the more advantageous of the two contracts. ; 2. Explain why you have included, or not, each of the items given in the data in your comparative financial statements.

    • @SteveWillisACCA
      @SteveWillisACCA  3 роки тому +1

      @@aayushiarora2366 If the question asks you to explain why you've included or excluded things, then it's easist to add a column so your comments are lined up nicely with your workings.

  • @user-nh9ij9gq6j
    @user-nh9ij9gq6j 3 місяці тому +1

    Really great technique. Thanks so much sir. But what about point 9 the last statement?

    • @SteveWillisACCA
      @SteveWillisACCA  3 місяці тому +1

      Point 9 is just a distractor--it's related to the info above about the fixed costs. So the incorrect answer would be to spread the salaries over the days/weeks. If that wasn't there it would be a clue that you don't need to deal with the fixed costs.

  • @muhammedalthaf6956
    @muhammedalthaf6956 3 роки тому +1

    Thank you so much for this video. I really found it helpful in my question practise.

  • @kbro.7981
    @kbro.7981 3 роки тому +3

    thank you so much, Please can you make a video solving the Rotech group June 2014 question(transfer pricing), really struggling with it.

  • @umarkeldibekov6924
    @umarkeldibekov6924 4 місяці тому +1

    Perfect

  • @sardorsadiev7043
    @sardorsadiev7043 3 роки тому +1

    Keep up

  • @farhaanpeerbux9517
    @farhaanpeerbux9517 3 роки тому

    Hello, I can't understand why $3000 was used to calculate the modify cost for Swipe.?

    • @SteveWillisACCA
      @SteveWillisACCA  3 роки тому

      That is the lost revenue -- the opportunity cost -- of not selling it and fixing it instead. The decision to modify means I lose 3,000 in revenue. Make sense?