[Gerg, CPA]

In the ninja notes, jeff goes explains the overhead variance (OAT) as Overhead applied minus Actual overhead = Total overhead variance. According to Becker, this is the “one-way” OH variance

Becker also goes over the “two-way” and “three-way” [save the dirty comments until after i take the test this week please :-)]

… anyone have any thoughts on the important of the additional overhead variance methods that the ninja notes don’t cover?

FAR - 1/26/2012 - PASSED (78, but Lost credit), re-do 11/27/2013 - PASSED (87)!
AUD - EPIC FAIL, 71, 69; 68; 5/25/2013 - PASSED (85)!
REG - 10/1/2012 - 72; 7/1/2013 - 73 UGH, 10/1/2013 - PASSED (85)!
BEC - 2/28/2013 - PASSED (82)!
Licensed CPA!

Used Becker self-study materials (just this for FAR original & REG #1), WileyTestBank, NINJA notes/audio, and Roger cram course for AUD #5, REG #3 & FAR reboot. CPA!

[PaulJamal]

Wiley book/focus notes had a pretty good chart breaking it down. I had trouble w variances at first but it helped a lot. I just found out I passed BEC so I”m a bit too served to try and remember the exact breakdown.

I know it had something for variable oh first and fixed oh for second.

[PaulJamal]

Wiley book/focus notes had a pretty good chart breaking it down. I had trouble w variances at first but it helped a lot. I just found out I passed BEC so I”m a bit too served to try and remember the exact breakdown.

I know it had something for variable oh first and fixed oh for second.

[no.cruncher]

See below @ Very HIGH Level, as things such as the components within Level 2, 3, & 4 can be further decomposed into their respective formula. (Out of all the variances, OH is the most confusing in my opinion).

ONE LEVEL OH VARIANCE: Total OH = Actual OH – Applied OH

TWO LEVEL OH VARIANCE: Total OH = Budget (Controllable) Variance + Product (Denominator or Capacity) Volume Variance

THREE LEVEL OH VARIANCE: Total OH = Price (Spending) Variance + Efficiency Variance + Production (Denom/Cap) Volume Variance

FOUR LEVEL OH VARIANCE: Total OH = Variable Price (Spending) Variance + Fixed Price (Spending) Variance + Efficiency Variance + Production (Denominator or Capacity) Volume Variance

FAR - 7/16/2012 *76 : 2.5mo [Exp. 1/2014]
AUD - 8/31/2012 *82 : 1mo
REG - 11/27/2012 *83 : 2.5mo
BEC - 2/27/2013 *80 : 2.5mo LET'S DO THIS!!!
Ethics - 3/13

[ 2011 Kaplan Self Study - Textbook, MP3s, FlashCards ]

CMA... Hmmm...???

[Author]

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