BEC Study Group April/May 2013 - Page 16

  • Creator
    Topic
  • #176450
    jeff
    Keymaster

    Guess I’ll kick it off!

    Scheduled to take BEC on 4/19. It’s my last test so I’m putting as much study time in as I can. If I pass I get promoted, if I don’t pass I don’t get promoted, so the pressure is on!!

    Good luck to everyone taking BEC this quarter!

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

Viewing 15 replies - 226 through 240 (of 631 total)
  • Author
    Replies
  • #416317
    jeff
    Keymaster
    #416318
    Journey to Fate
    Participant

    Keep it going everyone. I just finished B-1 lecture again and am looking to finish them all this week. Then it's nonstop mcs til my exam! Although I got a 70, based on everyones advice, i am going after this exam for 75 more points, not 5!

    stay focused everyone! we can do this!

    BEC- 67, 69

    #416319
    MintsRGood
    Participant

    Nice work JTF!!!!!!!!!!!!!! Keep it up!!!!!!!!!!!!!

    I'm using the Wiley textbook and online bank, a secondhand becker text, and my review materials from a live BEC review course offered by my grad school…kind of a hodgepodge of materials but it worked for REG! 🙂

    REG: 75 DONE 🙂
    AUD: 61, 71, 68, 92 DONE 🙂
    BEC: 76 DONE 🙂
    FAR: 72, 74, 79 DONE 🙂
    Licensed Michigan CPA 🙂
    -Some people dream of success...others wake up and work hard for it!!!
    -The cowards never start and the weak die along the way!
    -You better work, b***h!
    -Only those who dare to fail greatly can ever achieve greatly.-JFK

    #416320
    so1913
    Participant

    I just finished all the Becker BEC lectures and notes last night. I have 25 days until my exam. Tonight I start tackling the MCQ's and trying to figure out how to approach it. I know it's topic by topic, but how many topics should I shoot to cover in a 3 hour study session? For example (just throwing these numbers for illustration purpose) I can spend the entire 3 hours doing 50 questions for one topic, or can do 50 questions in groups of 10 covering 5 topics. I'm just not sure how to approach this part of the review…

    AUD - 90 Pass
    REG - 70,61,81 Pass DONE DONE DOOOOONNEEE!!!!!!!!
    BEC - 79 - Pass
    FAR - 70,82 - Pass

    #416321
    Goods
    Participant

    I have my test on 5/2. Studying has been going well with the exception of trying to get the Variances locked down. I understand the more simple variances, but the two and three-way variances confuse the F*** out of me. I'm hope I see 1-3 questions on the subject during my test.

    FAR - 72, 69, 88 (Nov 2012)
    AUD - 89 (Jan 2013)
    REG - 85 (Feb 2013)
    BEC - 83 (May 2013)
    Ethics - Passed

    Becker, Wiley TB, Ninja Audio

    #416322
    Melans
    Member

    @CPAHopeful – I feel the exact same way, especially the managerial stuff. Totally my least favorite followed by economics.

    @Fading. I just started yesterday, and yes, I don't believe anyone is sugar coating it- not too mention I have not even gotten to the parts most are complaining about.

    AUD 7/30/12 73; 12/2/13 85
    BEC 7/19/13 81
    REG 8/2/14 83
    FAR - Jan 2015

    #416323
    Anonymous
    Inactive

    I need to take a CPA exam in May because they don't offer testing in June. I have a month to study for a test so I am taking BEC.I have been out of school since 2008 and couldnt study until now. I need help on getting started!!! it seems like i never have time to study. i have a 10 month old baby and i work all day! How much should i be studying? is it doable? i really need motivation!!!!

    #416324
    whatamidoing
    Member

    Can anyone explain the mfg. OH variances? I memorized that 1/2/3 way variance chart (ABABSA) thing by Becker, but I never understand when to use which formula in an answer.

    F - 85 (11/2012)
    R - 87 (1/2013)
    A - 92 (2/2013)
    B - 90 (4/2013)

    DONE!

    #416325
    Anonymous
    Inactive

    Product cost is dm + dl + oh, right?

    To get the variances with dm and dl, use PURE DADS

    How about the variances in overhead? Then use the one, two, and three way variance.

    A is for actual overhead consumed– usually this is given in the problem.

    BA for budgeted overhead rate at actual quantity of cost driver

    Example. Standard overhead rate is $1.50 and the actual quantity of hours (cost driver) is 500 hrs… So multiply those two and once you get the product, add it to fixed cost

    BS is for budgeted overhead rate at standard quantity of cost driver

    Just remember that BS and BA will use the same overhead rate. The difference is just the quantity of the cost driver — for BS use the standard quantity.. For BA use the actual quantity

    A is applied overhead…They will give you a standard overhead rate which you will multiply to the actual quantity of hours the cost driver

    #416326

    After I finish lectures I will have 19 days for mcq (Becker) and rewriting the Ninja notes – will this be enough time? Any suggestions on how to best use the 19 days (working f/t)?

    #416327
    Melans
    Member

    Just been plugging through, not sure how much is sticking, but some progress being made…

    How is everyone else doing?

    AUD 7/30/12 73; 12/2/13 85
    BEC 7/19/13 81
    REG 8/2/14 83
    FAR - Jan 2015

    #416328
    whatamidoing
    Member

    Thank you AnnaMay! Your post along with hitting more practice questions has definitely helped me understand it more.

    I've done 11 100Q progress tests the last few days (with another 10 or so on tap the rest of today and tomorrow) and I'm averaging an 86 on them. If my exam is IT or financial valuation heavy, I'm screwed.

    Going to attempt the first final exam tonight but I'm sure I'll do terrible on it. I never did well on the Becker final exams, with the exception of Audit.

    F - 85 (11/2012)
    R - 87 (1/2013)
    A - 92 (2/2013)
    B - 90 (4/2013)

    DONE!

    #416329
    whatamidoing
    Member

    Noluck – I'd spend those 19 days doing MCQs.

    F - 85 (11/2012)
    R - 87 (1/2013)
    A - 92 (2/2013)
    B - 90 (4/2013)

    DONE!

    #416330
    redox1100
    Participant

    do incremental costs = marginal costs. the definition seems pretty identical…

    #416331
    redox1100
    Participant

    just found this….

    https://www.ehow.com/info_8690446_incremental-cost-vs-marginal-cost.html

    for those who were curious

Viewing 15 replies - 226 through 240 (of 631 total)
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