[animalwithin]

BEC is murdering me with all the cost accounting. I had a horrible cost accounting teacher and I remember loathing those classes so I never had a good fundamental understanding of those concepts and I’m essentially missing every question.

Surprisingly, the Plus videos aren’t helping me as much with these topics as they did with FAR. I’ve tried both NINJA notes and Roger videos and those haven’t helped. I need something that really dumbs down the material because I’m just not getting it.

Any advice, tips, resources as to how to grasp these concepts?

[aaronmo]

I don't think it's about memorizing the formulas, it's about knowing when to apply the correct formula, and that involves setting up/dissecting the data.

AUD - 96
BEC - 84
FAR - 89
REG - 86

Aaron and always remember, YMMV

I profit from your CPE frustration. You're welcome.

[animalwithin]

Aaronmo, I agree but it would help to know the formula. Knowing how to dissect the data as you said is a whole other issue which I'm not finding very much help on.

Lindsey, I have to go back and check my flash cards or go back to the books to see how many variance questions there are.

[Recked]

I did not like variances at all. I ended up working up my own memory aide for the formulas for standard and actual this or that.
I don't remember any of it now, but it helps to keep on working the problem. Write the complete formula every time you work a variance problem and eventually it will stick.

Memento Mori - Kingston NY CPA & EA (SUNY Albany 2002)

FAR-93 11/9/17 (10wks, 250 hrs, Roger 1800+ MCQs, Gleim TB 600+MCQs, SIMs)
AUD-88 12/7/17 (3 wks, 85 hrs, Roger 1000 MCQs no SIMs hail mary)
REG-96 1/18/18 (6 wks, 110 hrs, 1400 MCQs, no SIMs)
BEC-91 2/16/18 (4wks, 90 hrs, 1240 MCQs)

[bigstakk]

Whoever said you don't get many variance questions on the exam is incorrect. It is in the AICPA blueprint for a reason. Think of variance like this -use the budgeted/standard price and the actual quantity generally for calculations. Efficiency variances calculate difference in labor/machine hours vs budgeted hours. Pricing variances is literally the difference in actual price vs budgeted price for the actual quantity. Total variance is the total dollar difference from budget. I would try to understand the static vs flexible budget in order to get this to stick better. I know there are more specifics, but this should help in understanding it.

AUD - 81
BEC - 87
FAR - 80
REG - 82

______________

Ethics Exam - 90%
Licensed CPA in CA

[GetThisCPA94]

Using Excel is literally a cheatcode for BEC (haven't taken FAR yet). Of course you have to know what you're doing, but if you set up the facts of the question correctly…Man

AUD - 76
BEC - 81
FAR - 81
REG - 77

This too shall pass...

[jjjgolf500]

What type of questions were you using Excel for? I used it for a NPV question, but really didnt think about using it for anything else.

[GetThisCPA94]

Mainly NPV as well. It also helps me sort out Marginal Analysis questions (Breakeven/Special order/Make or Buy etC).

I think the sheer benefit of organization it provides will help me cut down at least 10 minutes of sorting through my scrap paper notes. I retake the exam tomorrow, I'll be able to really put it to the test then

AUD - 76
BEC - 81
FAR - 81
REG - 77

This too shall pass...

[Author]

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