Unit 6 blog

SandyHood
SandyHood Registered, Moderator Posts: 2,034
AAT have kindly invited me to write a blog for unit 6.
This has now been published with the first stock valuation entry.
I welcome any comments or questions you may have:
Unit 6 blog
Sandy
[email protected]
www.sandyhood.com
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Comments

  • A-Vic
    A-Vic Registered Posts: 6,970
    Looking great sandy just wish was year earlier :001_smile:
  • jewels.p
    jewels.p Registered Posts: 1,774
    SandyHood wrote: »
    AAT have kindly invited me to write a blog for unit 6.
    This has now been published with the first stock valuation entry.
    I welcome any comments or questions you may have:
    Unit 6 blog

    I have printed this off already as I am sitting ECR in December and I miss the E-Learning as it helped me a lot with FRA. I have read a lot of your posts and they are explained perfectly and have helped me in the past.
    Thanks for this:thumbup1:

    Julie:001_smile:
  • A-Vic
    A-Vic Registered Posts: 6,970
    jewels.p wrote: »
    I have printed this off already as I am sitting ECR in December and I miss the E-Learning as it helped me a lot with FRA. I have read a lot of your posts and they are explained perfectly and have helped me in the past.
    Thanks for this:thumbup1:

    Julie:001_smile:

    Jewels am sure unit 6 elearning is available now? i cant see but log in and check hun :001_smile:
  • Toffeemadblue
    Toffeemadblue Registered Posts: 102 ? ? ?
    Hi Sandy,
    This looks really good stuff. My college is just teaching FRA until the December exam, so i won't really start working ECR much before then but I know this will be so much help
    Cheers
  • jewels.p
    jewels.p Registered Posts: 1,774
    A-Vic wrote: »
    Jewels am sure unit 6 elearning is available now? i cant see but log in and check hun :001_smile:

    I checked but cant find it I am getting excited if it is there (sad I know:laugh:) I enquired about it a while back but have never heard back. Do you know for definite it is available A-Vic?:001_smile:

    Thanks
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    As it is a blog, the idea is to develop points by adding comments and questions. So please feel very welcome to add your comments and questions in the box at the end of the blog.
    Sandy
    [email protected]
    www.sandyhood.com
  • wolfe
    wolfe Registered Posts: 121 ? ? ?
    hi sandy. its great that ur doing this. this is going to help alot of students. thank you
  • meibaker
    meibaker Registered Posts: 481
    SandyHood wrote: »
    As it is a blog, the idea is to develop points by adding comments and questions. So please feel very welcome to add your comments and questions in the box at the end of the blog.

    thanks sandy, i am sure i will add lots of questions, still haven't the book yet, what's the blog address sandy?
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    Unit 6 Blog

    Unit 6 Blog
    Sandy
    [email protected]
    www.sandyhood.com
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    Second Stock Blog

    Second Stock Blog
    Sandy
    [email protected]
    www.sandyhood.com
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    Stock Blog 3
    This one has a question for you to attempt
    Sandy
    [email protected]
    www.sandyhood.com
  • DGP
    DGP Registered Posts: 4 New contributor ?
    Sorry if this is a silly question but in the december exam is it just unit 5 & 6 that i need to study? What units for june, 15 & 32?

    Thanks
    Dan
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    Dan
    It all depends what you enter
    On both the diploma course and the NVQ there are only 2 exams set centrally and marked so if your working towards completing the syllabus for both 5 and 6 then these are your exams.
    Sandy
    [email protected]
    www.sandyhood.com
  • DGP
    DGP Registered Posts: 4 New contributor ?
    Last year I took the diploma route for level 2, on day release, but this year Im studying in my own time around work, continuing with the diploma route though.
    So in december is it the FRA or ECR paper I will be sitting? Which papers cover which units? Can I sit both in December or do I have to wait to June to do the other?

    Sorry for all the questions!
    Dan
  • A-Vic
    A-Vic Registered Posts: 6,970
    with this year been computer based it you like you can sit them any time
  • DGP
    DGP Registered Posts: 4 New contributor ?
    Ok I will look into this aswell, have any of you sat CBE's what are they like?

    Thanks
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    You can sit both FRA and ECR in Nov/Dec.
    Obviously if you are self-taught you should decide what you'll sit and then teach yourself the knowledge so you can pass. If you decide you've only enough time for one paper, then do the other in June.
    Sandy
    [email protected]
    www.sandyhood.com
  • DGP
    DGP Registered Posts: 4 New contributor ?
    Fanctastic thanks for your help, there is no harm in entering for both! :)

    Last question i promise!, Do you know what units are covered in each paper? im asking as going to buy the Osbourne books today and it seems i need to buy units 5,6,15 & 32 is this correct?
  • A-Vic
    A-Vic Registered Posts: 6,970
    DGP wrote: »
    Ok I will look into this aswell, have any of you sat CBE's what are they like?

    Thanks

    personally ive never done them sorry :)
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    Exam tip

    Look at the reply I added to

    Second Stock Blog

    To see a tip from the examiner given to lecturers at a recent masterclass
    Sandy
    [email protected]
    www.sandyhood.com
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    If you attempt the question on Stock Blog 3, you can write in the blog box at the bottom of the page
    Sandy
    [email protected]
    www.sandyhood.com
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    I've received a request for answers to the question posed on the blog.
    Rather than provide a model answer I've explained HOW to go about answering part (a) and I'm hoping to see attempts at the answers to parts (b) and (c).
    Sandy
    [email protected]
    www.sandyhood.com
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    Part b now has an answer.
    Would you like to attempt c.
    Sandy
    [email protected]
    www.sandyhood.com
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    When the stock blog was posted it was in 3 parts
    Now the labour cost blog has been posted in a single pdf file
    To see it click here Labour cost blog
    It is made up of 13 pages and includes many questions

    I am keen for responses to be added to the blog: Labour cost blog Leave a Reply
    Sandy
    [email protected]
    www.sandyhood.com
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    2 overhead cost blogs now online

    1
    and
    2
    Sandy
    [email protected]
    www.sandyhood.com
  • judged
    judged Registered Posts: 5 Regular contributor ⭐ ? ⭐
    I wish I had spotted this a month ago!

    I'll be keeping a closer eye on these forums in the future.
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    The student interactive site has been upgraded so here are the links:
    Topic 1 – Stock (part 1)
    Topic 1 – Stock (part 2)
    Topic 1 – Stock (part 3)
    Topic 2 Labour Costs
    I've had a problem with this link, if you do then go through here
    Topic 3 Overhead costs (part 1)
    Topic 4 Overhead costs (part 2)
    Sandy
    [email protected]
    www.sandyhood.com
  • valentino46
    valentino46 Registered Posts: 124 ? ? ?
    profit from increased sales

    hi sandy,

    blogs are huge help, have you posted a blog detailing calculatio of profit from increased production?

    cheers

    rob
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034
    No not yet
    There is a process costing blog awaiting uploading and I am working on one for cost behaviour.
    As a general idea try to think of a home phone bill.
    Irrespective of the number of calls, there will be line rental to pay (a bit like insurance, factory rent etc)
    Then there are the units consumed (a bit like the variable costs such as materials)

    So if you look at the phone bill you'll see that the more units you consume, the higher the cost
    BUT if you work out the average total cost when you use 20 units and then do the same when you use 800 units you'll find it goes down.

    Effectively the fixed cost as a total doesn't change, but the average fixed cost fixed cost per unit decreases the more units consumed (or made)

    If the cost per unit is falling as the output increases, and the price per unit is constant at all levels of output, then the profit per unit will increase.
    Sandy
    [email protected]
    www.sandyhood.com
  • valentino46
    valentino46 Registered Posts: 124 ? ? ?
    thanks for help rinske
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