A whole semester struggle cleared in 32 minutes🤯...your videos always blow my mind...and still, I don't expect anything less everytime I come back for more💯👍. Thank you, you've really helped me.
This really helped me understand marginal and absorption costing.... I had a mental block for years until now. Wonderfully explained .... such clarity.
Thank you Counttuts for the explainer videos. You really help us to be more efficient instead of searching all over for such good content. You are making a difference, Appreciated!
I had a really hard time understanding this concept. I've watched a lot of videos read a lot and still nothing. But earlier today my friend shared this link. I'm so excited I can answer a question blindfolded 😂. Thank you so much for amaizing work sir.
You stated that over absorption of overheads is deducted from the P&L and under absorption is added to the P&L. My understanding is that it should be the other way around. Under absorption of overheads are deducted from the P&L while over absorptions are added thus increasing gross profit.
You are such a wonderful Teacher/tutor. You are a star. I understand a lot from your video better than reading any book. Excellent. Do you have any other accounting videos? please upload more.
i was wondering why when there is higher closing stock = profit will be higher when using absorption costing, and your example easily let me understand how it works. Thank you!
Good lecture thank you so much. there is no problem with the way you have treated over/under absorption, my issue is on the part where you said when there is an increase in opening or closing inventory then the creation of overe/under absorption, my thinking is instead of increase in opening and closing let it be the difference between the budgeted production and the actual production.
Your work is better then any youtuber, you are better then my class teacher, keep uploading such topics
Very grateful to know about about this channel
Thank you for the kind comment Yaseen :).
@@Counttuts For over and under absorption, why didn't we consider the variable cost of r 35?
A whole semester struggle cleared in 32 minutes🤯...your videos always blow my mind...and still, I don't expect anything less everytime I come back for more💯👍. Thank you, you've really helped me.
This really helped me understand marginal and absorption costing.... I had a mental block for years until now. Wonderfully explained .... such clarity.
This is one of the best explanations for costing and has helped me understand absorption and marginal costing so well
very well explained you are doing a better job than my uni lecturers thanks a lot keep up the good work!
Haven't even watched this but I've already liked cause I know I know it will be fire
u've saved lots of students , thanks a lot
You are welcome. Thank you for the kind feedback.
Thank you Counttuts for the explainer videos. You really help us to be more efficient instead of searching all over for such good content. You are making a difference, Appreciated!
Thank you so much!!! I understand this more than I ever did in college
This is amazing
I am a tutor and I can say I understand it way better.
Thank you for breaking this in the best possible way.
How did you teach me 2 2hr classes in 32 mins thank you
After searching lots of classes Finally I found ur channel for this topic . Amazing explain all the concepts.tq soo much sir ❤️
This was very informative. I enjoyed it and it has helped me tremendously👏🔥. God bless you.
You are Simply Amazing, you are literally my Lecturer for Management Accounting hey 🤞🏽❤️❤️.
Please continue doing such amazing work 🙏🏻
Can't believe how much helpful this video is.
Thank-you so much!
Thank you so much, you're literally a life saver, having my finals tmrw, this really helped!
Always dislike this topic but u made it simple... great job
Thank you sir, crisp and clear. Much better than how my teacher in college is doing.
Thank you for the kind feedback.
I really had a block mind on this but cleared , thank you very much sir keep uploading such topics.
I had a really hard time understanding this concept. I've watched a lot of videos read a lot and still nothing. But earlier today my friend shared this link. I'm so excited I can answer a question blindfolded 😂. Thank you so much for amaizing work sir.
Hello Katrina, glad that it helped. Thanks for the kind feedback.
Wow... everything makes sense now..Thank you counttut 😁
I cannot thank you enough for this video!!!
You are a life saver sir. Please continue doing this.
Best video to watch on absorption and marginal costing!!! Thank you so much @counttuts
the best ever explanations
Sir. You are simply the best
Thank you! Your explanation and examples helped me understand, when I was struggling to make it click in my head :D
thank you for taking the time to do this, my understanding is now much clearer :)
Immensely elated! This is incredible! I appreciate. You deserve my utmost attention. Keep it up. More blessings on you, great work, awesome!! Thanks
Thank you so much 🤝 Your are a good lecturer
I am looking for more videos for MAC2601 i can't find them 😢
lectures give us hard times of learning , i thank god i found you sir
🎉🎊
Thank you Sir... I have truly understood this, especially how to treat over/under absorption cost...
Who enjoyed it in 2024😂
Top notch explanation.
Thank you for explaining this topic thoroughly, you have been very helpful.
if i dont comment i must be selfish. thank you so much for breaking down this topic. God bless you
Thank you :) Blessings
Love your teaching (simply simple and clear )
u saved my life thank you
Simple and nice explanation,thanks alot
You stated that over absorption of overheads is deducted from the P&L and under absorption is added to the P&L. My understanding is that it should be the other way around. Under absorption of overheads are deducted from the P&L while over absorptions are added thus increasing gross profit.
That would be incorrect actually. Follow our explanation in the lesson again to understand.
This was very helpful. Thanks sir
My uni. Must start paying you please 😹❤️
I enjoyed your teaching
you definitely got a subscriber by the wat you explained this 💯
Thanks alot, was much of help.
Thankyou so much! Well explained
Well explained!!!!
This is very clear and concise.Thank you so much
This is very well articulated. Keep up the good job.
Thank you for this video, made such a big difference
Thank you very much. Very informative and helped me prepare for an interview. Keep up the good work!
Simple, clear and straight to the point! Thank you!
thank you so much! this really helped me
Best explanatory video 🥂
wow 🙌🙌🙌 thank you Mr for you help
now I understand clearly
Thanks sir grt explanation
Thank you. You are welcome.
nice lecture. big ups
thanks a lot ,great explanation!
You are welcome, and thank you Musonda.
Thank u for the presentation it really helped me especially absorption costing
Thank you so much sir for teaching me this😭I’m truly grateful and you are a great lecturer!
You are such a wonderful Teacher/tutor. You are a star. I understand a lot from your video better than reading any book. Excellent.
Do you have any other accounting videos? please upload more.
Thank you Barbara, you can visit our channel for all accounting videos, and more to come.
God bless you,you are a great lecturer!!!!
That was a very good explanation, now i am ready for exams, thank you sir :D
Thank you soo much, that was worthwhile. Now i am confident that i understand
You are welcome :)
Thanks so much assisted me so much!
Thanks alot for your service. You've helped me
this is very helpful
Very informative
U explained well brother thank you i wish we would get more examples with opening inventory
thank you for the video, its really helpful.
This was really helpful, thank you very much🙏🏾
This was more than i was looking for and in a best way possible. Really appreciate the effort SIR. Thanks alot🙏🏻
Thank You, your work is amazing
Thanks a lot for explaining in details! ♥
Thanks highly appreciated explanations on point and format easy for anyone to understand 👍 😀
Good work 👏 🙌 👍
Amazing lecture. cheers.
Thank you. you are amazing
thanks sir, I think this made up my preparation of an exam I ama bout have! thx again
Thank you❤❤❤❤❤
Thx for making the vid 😊
Can these be referred to as income statements as well?
Thank you 😊
Keep up the good work watching from Nigeria. Can we also suggest topics for you to teach?
it helps a lot, thanks.
i was wondering why when there is higher closing stock = profit will be higher when using absorption costing, and your example easily let me understand how it works. Thank you!
Thanks ☺️☺️☺️
May you please upload target costing and life cycle costing
Please sir how do u know when to apply the absorbed overhead formula I'm a bit confused 😔
Sir, Thank you.
Woow…….I don’t know how to thank you, I was wondering how am gonna face my exams next week
Under and over absorbed use to confuse me, now im fine thnx
Amazing
Good lecture thank you so much. there is no problem with the way you have treated over/under absorption, my issue is on the part where you said when there is an increase in opening or closing inventory then the creation of overe/under absorption, my thinking is instead of increase in opening and closing let it be the difference between the budgeted production and the actual production.
can i use this for cima
Sir, could I know why the closing inventory in absorption costing, production of 6000&7000units is zero? It shouldn’t have 1000units? Why
It is not zero
Pay attention to the video again
You are super
I have question on marginal and absorption costing I need help
Thank you thank you thank youuu
thnx a lot