Chichester College 6-9pm Wednesdays

SandyHood

No class on Wed 26 October
Hopefully the homework I gave out last week will be enough to keep everyone on the boil.
Here is another question (it was in the handout)

KaySarah

I shall miss my class on Wednesday - I really look forward to the interaction and enjoy the learning. Hopefully it will stimulate my brain into regenerating new cells haha. Yes - we have plenty homework to keep us out of mischief, thank you.

KaySarah

HELP!! Fly4Less HOmework ... Im confused ... the OARs are per Quarter ... the Task 1.6 mentions flights per WEEK .. should we be recalculating our figures to be weekly so we can work this one out? Somehow this doesn't seem right as the Actual v Budgeted costs are quite close if I just calc them As Is ... Ive finished it - but filled with doubt :-(

SandyHood

I'll post some guidance soon
The 1.4 and 1.5 tasks are looking at budgeted OARs per mile flown for the quarter

1.6(a) is looking for the absorbed overhead (OAR x miles flown)

anisurrahman

Thank you Sandy...

SandyHood

During the first week of December 2008

is just when the miles were flown. It is rather like saying x hours were worked during the first week of December and the actual overhead incurred was £ xxxx for that period.

Here is my attempt.
I had to copy from excel into word as I could not upload the excel fileAttachment not found.

KaySarah

Yay! Thank you Sandy ... this is almost exactly what I have done (logic :-)) .. only difference is ... I used the Gen Admin figures given in the Overhead budget to be reapportioned (7800) ... otherwise all the rest of our figs match .. and I also got an UNDER absorption! You're a STAR for responding so quickly Sandy - Thank you! See you Wednesday .. Lemon Cakes Everyone?

SandyHood

http://www.aat-interactive.org.uk/elearning/learning_zone/AAT750010_E0901/lib/templates/master.htm

SandyHood

Homework is only
Size 14 Fancy Blouse
and Size 15 Gentleman's Shirt

So only go as far as page 10

When you do the cost per units for size 14, please avoid rounding off your figures (that will help your cost per completed unit figure and the evaluation amounts)

KaySarah

Thanks Sandy

sugarlump1989

Phew! I had it written down as pages 11-13, and was about to come and shout for help! Hopefully I'm the only one who had it written down wrong or we might have some confused people tomorrow =/

anisurrahman

Lol I wrote on page 11 'not homework'.
Have you joined out Chichester College Evening Group yet? )
Ronnie

sugarlump1989 wrote: »

Phew! I had it written down as pages 11-13, and was about to come and shout for help! Hopefully I'm the only one who had it written down wrong or we might have some confused people tomorrow =/

anisurrahman

Hi Sandy

Thank you very much for your tips.

Homework done… one question 'Do we round off cost per unit i.e. £4.1666666 (Size 14 Fancy blouse) to input the figure into the CPU box?

Many Thanks
Ronnie

SandyHood wrote: »

Homework is only
Size 14 Fancy Blouse
and Size 15 Gentleman's Shirt

So only go as far as page 10

When you do the cost per units for size 14, please avoid rounding off your figures (that will help your cost per completed unit figure and the evaluation amounts)

SandyHood

Ronnie

I suggest that you leave it rounded to 4 places but keep the whole number in the calculator for later calculations.

Tonight we meet
Normal loss
Abnormal loss
and
Abnormal gain

This is a helpful interactive [size=+1]link[/size]

KaySarah

I would have liked to have been able to PRINT the pages from the Link :-( sadly I can't ... Do you have a hard copy Sandy?

anisurrahman

Hi Kay

I have sent you a printable version of 'Process Costing - aat interactive blog' to you email address.

If anyone wants a copy please let me know.

Ronnie

KaySarah wrote: »

I would have liked to have been able to PRINT the pages from the Link :-( sadly I can't ... Do you have a hard copy Sandy?

KaySarah

Thanks Ronnie. Bedtime reading :-) ... much easier.

SandyHood

Process costing notes
Attachment not found.

SandyHood

Worked example

SandyHood

Work in progress
Equivalent Units
Attachment not found.

SandyHood

Example

Attachment not found.

SandyHood

Quick note for Jason
Before you hand over any money - please contact me
Something you said made me think you could use your degree to exempt you from CIMA certificate
So you could possibly start CIMA Operational in Feb 2011

SandyHood

Cost Behaviour

Cost Behaviour1
Attachment not found.

SandyHood

Cost Behaviour 2
Attachment not found.

SandyHood

cost behaviour page 5-6 Attachment not found.

SandyHood

pages 7-10
Attachment not found.

SandyHood

Attachment not found. 11-15

SandyHood

16 - 19Attachment not found.

anisurrahman

Thank you very much Sandy... I have downloaded up to 'Exercise ~Gilbert Sensations.doc'. I believe we will start 'Cost behaviour' on Wednesday the 16th Nov.

Many Thanks

Ronnie

KaySarah

I've sent an email to Jason, Sandy and asked him to contact you ASAP - just in case he doesn't look at the Forum :-)

Thanks for all the material above.