- This topic has 440 replies, 92 voices, and was last updated 11 years, 9 months ago by
159357.
-
CreatorTopic
-
November 25, 2013 at 5:47 pm #182022
jeffKeymasterBEC Resources:
Free BEC Notes & Audio – https://www.another71.com/cpa-exam-study-plan
BEC 10 Point Combo: https://www.another71.com/products-page/ten-point-combo
BEC Score Release: https://www.another71.com/cpa-exam-scores-results-release
-
AuthorReplies
-
January 17, 2014 at 1:57 am #524817
AnonymousInactiveJanuary 18, 2014 at 2:50 am #524760
gonnabeacpatooMemberJanuary 18, 2014 at 2:50 am #524819
gonnabeacpatooMemberJanuary 18, 2014 at 10:18 pm #524762
kplummer517MemberI have a question about the score release letter. I failed BEC in December and I just received my results to see how I compared to other candidates. For MCQ I was weaker in all areas but one I was Stronger. And the written portion I was comparable. I received a 67. Since I was comparable for the written portion should I not worry too much about practicing that area? I didn't before I took it, and felt I was an ok writer. And for the MCQ's should I just study all areas and take as many as possible? I have WTB and Becker 2012. About how many MCQ's do you all do a day? My exam is going to be February 7th. I've been trying to do about 100+ MCQ's a day, and a few more on weekends. Becker I'm just doing each chapter section as far as I can stand each day. WTB doing quizzes and more random questions.
Thanks,
Kim
AUD - Passed - 82 (10/1/13), Expires 4/1/2015 (57,62,64)
BEC - Passed - 77 (7/14/14) (53,67,70,74) Half way to CPA!!!!
REG - Passed - 81 (8/23/14) (68) 3 down 1 to go!!
FAR - Passed - 75 (11/11/14) I'm DONE!!!!!Illinois Canidate
January 18, 2014 at 10:18 pm #524821
kplummer517MemberI have a question about the score release letter. I failed BEC in December and I just received my results to see how I compared to other candidates. For MCQ I was weaker in all areas but one I was Stronger. And the written portion I was comparable. I received a 67. Since I was comparable for the written portion should I not worry too much about practicing that area? I didn't before I took it, and felt I was an ok writer. And for the MCQ's should I just study all areas and take as many as possible? I have WTB and Becker 2012. About how many MCQ's do you all do a day? My exam is going to be February 7th. I've been trying to do about 100+ MCQ's a day, and a few more on weekends. Becker I'm just doing each chapter section as far as I can stand each day. WTB doing quizzes and more random questions.
Thanks,
Kim
AUD - Passed - 82 (10/1/13), Expires 4/1/2015 (57,62,64)
BEC - Passed - 77 (7/14/14) (53,67,70,74) Half way to CPA!!!!
REG - Passed - 81 (8/23/14) (68) 3 down 1 to go!!
FAR - Passed - 75 (11/11/14) I'm DONE!!!!!Illinois Canidate
January 18, 2014 at 11:17 pm #524764
AnonymousInactiveJanuary 18, 2014 at 11:17 pm #524823
AnonymousInactiveJanuary 19, 2014 at 12:50 am #524766
stolewayParticipantTook BEC today and once again I felt horrible walking out of prometric.
50% of my mcqs were calculations which I'm very good at it, and the rest were conceptual which I hate a lot.
Written communication is not something I'm proud of because I have also been weaker on that side
Despite writing a whole lot of bs in response to the written communication, I still couldn't finish one of them but I'm not worried about it.
I'm only worried about my performance on the mcqs because that's where all my strength lies. Ugh, I believe BEC is going to follow me till the last minute of my CPA journey.
Good luck to you all:)
REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!Mass-CPA
January 19, 2014 at 12:50 am #524825
stolewayParticipantTook BEC today and once again I felt horrible walking out of prometric.
50% of my mcqs were calculations which I'm very good at it, and the rest were conceptual which I hate a lot.
Written communication is not something I'm proud of because I have also been weaker on that side
Despite writing a whole lot of bs in response to the written communication, I still couldn't finish one of them but I'm not worried about it.
I'm only worried about my performance on the mcqs because that's where all my strength lies. Ugh, I believe BEC is going to follow me till the last minute of my CPA journey.
Good luck to you all:)
REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!Mass-CPA
January 19, 2014 at 2:34 am #524768
DawgCPAMemberFirst time ever posting here – but read and absorb a lot. Needing some help on a question from Wiley MCQs.
Beg. WIP in Dept 2 (90% complete with respect to conversion costs): 14,000
Transferred in from Department 1: 76,000
Completed and transferred to finished goods: 80,000
Spoiled units – all normal: 1,500
Ending WIP in Dept 2 (60% complete with respect to conversion costs): 8,500
If the manufacturing company uses the weighted-average method, the equivalent units for direct materials in Department 2 for the current month would be:
A. 80,000
B. 90,000
C. 81,500
D. 67,500
The software says the answer is C. I don't understand why, though. My understanding is that the calculation would go like this:
80,000 + (8,500*60%) – (14,000*90%) + 1,500 = 74,000
The answer, however, only adds the 80,000 to the spoilage amount of 1,500. Why???
Thanks in advance for the assistance everyone!
AUD: 86
REG: 81
BEC: 71, 11/2014
FAR: 10/4/2014January 19, 2014 at 2:34 am #524827
DawgCPAMemberFirst time ever posting here – but read and absorb a lot. Needing some help on a question from Wiley MCQs.
Beg. WIP in Dept 2 (90% complete with respect to conversion costs): 14,000
Transferred in from Department 1: 76,000
Completed and transferred to finished goods: 80,000
Spoiled units – all normal: 1,500
Ending WIP in Dept 2 (60% complete with respect to conversion costs): 8,500
If the manufacturing company uses the weighted-average method, the equivalent units for direct materials in Department 2 for the current month would be:
A. 80,000
B. 90,000
C. 81,500
D. 67,500
The software says the answer is C. I don't understand why, though. My understanding is that the calculation would go like this:
80,000 + (8,500*60%) – (14,000*90%) + 1,500 = 74,000
The answer, however, only adds the 80,000 to the spoilage amount of 1,500. Why???
Thanks in advance for the assistance everyone!
AUD: 86
REG: 81
BEC: 71, 11/2014
FAR: 10/4/2014January 19, 2014 at 2:58 am #524770
stolewayParticipantYou're using fifo method, do not use BWIP for weighted average method
Hope this helps??
REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!Mass-CPA
January 19, 2014 at 2:58 am #524829
stolewayParticipantYou're using fifo method, do not use BWIP for weighted average method
Hope this helps??
REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!Mass-CPA
January 19, 2014 at 3:05 am #524773
DawgCPAMemberYou're right. That makes sense. Yet, even using the correct method, I would think it would be:
80,000 + (8,500*60%) + 1,500 = 86,600
That still doesn't produce the right answer according to Wiley.
Thoughts?
AUD: 86
REG: 81
BEC: 71, 11/2014
FAR: 10/4/2014January 19, 2014 at 3:05 am #524832 -
AuthorReplies
- The topic ‘[Q1] BEC Study Group 2014 - Page 18’ is closed to new replies.
