[jeff]

BEC Study Group Links and Resources:

1. NINJA Monthly – $67 BEC Course
2. Free BEC Notes
3. BEC Course Comparison
4. How to Pass BEC (with NINJA)
5. How to Pass BEC (in 20 Days)
6. How to Pass BEC (after Failing)

See Also:

• FAR Study Group
• AUD Study Group
• REG Study Group
• BEC Study Group

AUD - 79
BEC - 80
FAR - 76
REG - 92

Jeff Elliott, CPA (KS)
NINJA CPA | NINJA CMA | NINJA CPE | Another71

[MomOnTheMove]

Thanks so much for the encouraging words. It helps more than you know.

Yes, let’s do this:-)

FAR 64, 78

REG 77

AUD 73, 80

BEC 67, 73, 78

[BEC Savvy]

Hi everyone,

Can someone please help me with figuring out this part of the following TBS: How did we calculate the 25 DLH from the information given blow, resulting in $818.75 cost per unit & $2,046,875 per 2500 units ?

“If the company outsources the production of V-4 engines, Alcatara is exploring other options. One of the options the company is considering is to rent out the space to another entity for $500,000 per month. The company is also considering using the space to produce an electric motorcycle motor. The incremental revenue and costs per unit of the new motor are as follows:

Incremental revenue $6,000.00
Direct materials 2,732.00
Direct labor 675.00
Variable Overhead 32.75 per Direct Labor Hour
Traceable fixed costs 403.20 (assumes 2,500 units)
Common fixed costs 992,000.00 per month

Answer:
The potential opportunity costs would be the rental income of $500,000 per month or the segment margin of proposed new products to be made, whichever is greater. The segment margin would be calculated as follows:

Opportunity Costs Per Unit 2500 units
Incremental Revenues $6,000 $15,000,000
Incremental Variable Costs
Direct Materials 2,732 6,830,000
Direct Labor 675 1,687,500
Variable Overhead (25 DLH × $32.75) 818.75 2,046,875

Total Variable Costs 4,225.75 10,564,375
Contribution Margin 1,774.25 4,435,625
Traceable Fixed Costs 403.20 1,008,000
Segment Margin 1,371.05 3,427,625

The monthly segment margin exceeds the rental income and would be the opportunity cost.

Thanks!

[allusuc]

Hardest test of them all for me but I luckily passed. I am now all done. 78!

Tread lightly. This section is not as easy as everyone says. True, the material doesn’t take forever to study such as far, but the topics are quite challenging. I used Rogers and scored 90% or higher in each section and felt like the actual exam had 15+ McQ in each testlet that was never tested/taught! I left thinking I failed for sure but somehow I passed. So lucky. Study hard everyone

[SIDIEULEVEUT]

Hello, I'm taking BEC next month and I am freaking out. People are saying it's the “easiest” one but for some reason it has so far been the hardest for me. I think it's because I'm burned out but I get so frustrated at the MCQs. I have no patience at all. The lectures for Becker are ridiculously long so by the time I get to the questions I just want to go to bed. I might change my approach to do the lecture and skills practice first, take a break and do the MCQs. I have just finished B2 (financial management in Becker) and it was SOOO HARD. Can't wait to finish everything and start on the review. I'm thinking about flying through the material and do lots of review.

AUD - 89
BEC - 97
FAR - 85
REG - 91

Future CPA over here. HOW BAD DO YOU WANT IT??????

[f]

Hi all,

Recently took BEC and failed with a 70. Started restudying & plan on sitting for it again in a month. I'm restudying based off of my performance report. I also paid for FAR and have to sit for that one by 1/27/2020.

A-

B- 82

F-

R-

[say]

I want to make a suggestion to you after taking FAR and BEC. I passed FAR, took BEC on 9/10. I used Wiley. If you're unsure of a topic and your study guide isn't cutting it try going on youtube and using professor farhat lectures. This isn't a promo lol. He helped me understand derivatives, bonds, pensions, leases, variance analysis, process costing. His videos drove the point home for me. I recommend that now that you know where your short comings were on the exam you go out and nail down those areas. Good luck.

[f]

Hi Thanks @Say. I find myself googling a lot of the topics I seem to have trouble with. Especially the hard to understand explanations to questions from Becker MCQ. I usually find a better explanation on here, so figured I would make an account and hopefully answer someone else's questions too! I've watched a couple of professor farhat videos and also edspira on youtube. Investopedia usually has great explanations too.

A-

B- 82

F-

R-

[SIDIEULEVEUT]

How is BEC studying going? Im using Becker and I'm done with BEC 1 , 2 and 3. This weekend I'm reviewing everything I learned before I tackle the B4 on Monday. So far, BEC 2 (Financial Management) is my hardest especially the concepts around supply chain and inventory management. Planning on taking BEC on October 19th!

AUD - 89
BEC - 97
FAR - 85
REG - 91

Future CPA over here. HOW BAD DO YOU WANT IT??????

[MomOnTheMove]

I can officially say I am finally done. Thanks to Jeff and the folks on this forum for all the advice. It’s so welcoming and I am forever grateful. The NINJA MCQs I feel really helped me pass the AUD and BEC exams. @F Investopia was extremely helpful to me too (loved their short videos). And Accounting Tool website was a great help as well.

FAR 64, 78

REG 77

AUD 73, 80

BEC 67, 73, 78

[inviteyou]

I am working on a dividend payout ratio. They took the difference of the R.E. and subtracted that from Net Income to get the cash dividend paid out. If the Retained Earnings on Jan. 1 was $810.00 and they paid out $150.00 in dividends, wouldn't the ending R.E. have gone down? My thought from Jan. 1 to Dec. they would've paid out. Can anyone provide some insight and let me know what I'm missing.

They explained it as:
1080-810=270; 420 – 270 = 150; 150/420 = 0.36.

Balance Sheet Jan. 1 Dec. 31
Retained earnings 810 1,080

Net income $ 420
Answer Solution: Dividend payout ratio = common dividends/net income = 150/420 = 0.36. Retained earnings increased 270 (1,080 − 810). 270 = 420 net income – dividends declared. Therefore dividends declared are 150.

AUD - 76
BEC - 87
FAR - 78
REG - 75

practice, Practice, PRACTICE!

[inviteyou]

I am working on a dividend payout ratio. They took the difference of the R.E. and subtracted that from Net Income to get the cash dividend paid out. If the Retained Earnings on Jan. 1 was $810.00 and they paid out $150.00 in dividends, wouldn't the ending R.E. have gone down? My thought from Jan. 1 to Dec. they would've paid out. Can anyone provide some insight and let me know what I'm missing.

They explained it as:
1080-810=270; 420 – 270 = 150; 150/420 = 0.36.

Balance Sheet Jan. 1 Dec. 31
Retained earnings 810 1,080

Net income $ 420
Answer Solution: Dividend payout ratio = common dividends/net income = 150/420 = 0.36. Retained earnings increased 270 (1,080 − 810). 270 = 420 net income – dividends declared. Therefore dividends declared are 150.

AUD - 76
BEC - 87
FAR - 78
REG - 75

practice, Practice, PRACTICE!

[inviteyou]

Ok, I figured it out. Beg. R.E. + Net Income – Dividends = Ending R.E. So to plug in the above numbers: 810 + 420 – X = 1080. X = 150. 150/420 = 0.36. Much easier way to get to this answer rather than what the solution provided, in my opinion.

AUD - 76
BEC - 87
FAR - 78
REG - 75

practice, Practice, PRACTICE!

[se7en.14]

for those planning to test 2020, do you know if there are any changes being made to BEC section?

.

[tcharie]

Hey @SIDIEULEVEUT

How did you do? I was reading your posts and noticed you were struggling on the exact same section I am struggling on right now. I want to be a good Becker student and watch the lectures and do the skill practice as suggested but I feel like as soon as I get through those and start the multiple choice for the section, I am reading another language.

Did anyone find a better system that worked for them? Im considering skipping the traditional route and just going hard on the mcqs and sims. I have a four week time-crunch.

AUD-fail|
BEC-7/17/15
REG-TBD
FAR-TBD

[jeff]

How was everyone's study weekend?

AUD - 79
BEC - 80
FAR - 76
REG - 92

Jeff Elliott, CPA (KS)
NINJA CPA | NINJA CMA | NINJA CPE | Another71

[Author]

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