[jeff]

I have a question that I hope you can help me with…. I purchased the Becker CD’s and installed them on my PC. I have taken and passed all but one of the exams (BEC left).. I was checking to see if my software was up to date and noticed an expiration date of November 2013.. Does this mean my software ( downloaded from my CD’s) will no longer work after November….or will it no longer be supported but I can still take practice exams and do study questions etc?

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

[Subie28]

@skrier I did take it yesterday. I have no clue how I did. I felt the same way I did as when I walked out of FAR. There were at least 2 questions that I'm like where did this come from and one I completely guessed on that was computational. I did it every which way I could and still didn't get any of the answers listed.

What makes me nervous is that as the testlets went on it didn't seem to get more difficult. :-/

CPA as of April 2015!! Woot!

[Newbe654]

Can someone explain this to me please?

The use of activity-based costing normally results in:

a. Decreased set-up costs being charged to low-volume products.

b. Substantially greater unit costs for low-volume products than is reported by traditional product costing.

c. Substantially lower unit costs for low-volume products than is reported by traditional product costing.

d. Equalizing set-up costs for all product lines.

Explanation

Choice “b” is correct. The use of activity-based costing normally results in substantially greater unit costs for low-volume products than is reported by traditional product costing.

Choice “c” is incorrect, per the explanation above.

Choice “a” is incorrect. Increased (not decreased) set-up costs are charged to low-volume products under activity-based costing.

Choice “d” is incorrect. Activity-based costing does not equalize set-up costs for all product lines.

[Newbe654]

Can someone explain this to me please?

The use of activity-based costing normally results in:

a. Decreased set-up costs being charged to low-volume products.

b. Substantially greater unit costs for low-volume products than is reported by traditional product costing.

c. Substantially lower unit costs for low-volume products than is reported by traditional product costing.

d. Equalizing set-up costs for all product lines.

Explanation

Choice “b” is correct. The use of activity-based costing normally results in substantially greater unit costs for low-volume products than is reported by traditional product costing.

Choice “c” is incorrect, per the explanation above.

Choice “a” is incorrect. Increased (not decreased) set-up costs are charged to low-volume products under activity-based costing.

Choice “d” is incorrect. Activity-based costing does not equalize set-up costs for all product lines.

[Anonymous]

@determined1 Using the T accounts helps have a visual because its hard to remember all the formulars and moving parts. And a Cindy trick Increase in your DM will mean you beginning bal is zero then a decrease is ending zero and beginning $/units.

You omitted the following info which makes it difficult to give you immediate feedback:

November 1 November 30

Direct materials $ 67,000 62,000

Work -in-process 145,000 171,000

Finished goods $85,000 78,000

Hope

[Anonymous]

@determined1 Using the T accounts helps have a visual because its hard to remember all the formulars and moving parts. And a Cindy trick Increase in your DM will mean you beginning bal is zero then a decrease is ending zero and beginning $/units.

You omitted the following info which makes it difficult to give you immediate feedback:

November 1 November 30

Direct materials $ 67,000 62,000

Work -in-process 145,000 171,000

Finished goods $85,000 78,000

Hope

[sdmoore]

Wish me luck!

FAR-Passed

REG-Passed

AUD-Passed

BEC-TODAY!

[sdmoore]

Wish me luck!

FAR-Passed

REG-Passed

AUD-Passed

BEC-TODAY!

[Anonymous]

@eliabraham I don't understand Cindy's trick?

[Anonymous]

@eliabraham I don't understand Cindy's trick?

[Anonymous]

Example if the question does not mentioned beginning and ending inventory. But the question said inventory will increase by $10k or decrease by $10k when you do T-accounts you would make beginning balance zero to show that your inventory increased then plug $10k in your ending inventory and vice versa for the decrease.

I hope not making this worse.

[Anonymous]

Example if the question does not mentioned beginning and ending inventory. But the question said inventory will increase by $10k or decrease by $10k when you do T-accounts you would make beginning balance zero to show that your inventory increased then plug $10k in your ending inventory and vice versa for the decrease.

I hope not making this worse.

[Skrier]

Does anyone have any suggestions on concurring the econ section of this exam??

AUD- 84
FAR- 75
REG- 78...I am DONE!!!
BEC- 79

[Skrier]

Does anyone have any suggestions on concurring the econ section of this exam??

AUD- 84
FAR- 75
REG- 78...I am DONE!!!
BEC- 79

[Anonymous]

OK sdmoore, you gotta give us the rundown- how'd it go

[Anonymous]

OK sdmoore, you gotta give us the rundown- how'd it go

[Author]

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