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September 9, 2013 at 2:08 pm #180297
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
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AuthorReplies
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September 20, 2013 at 1:52 pm #483572
CPA2B_NJMemberSeptember 20, 2013 at 1:54 pm #483555
CPA2B_NJMember@Bretton James 2.0 – It's good to know that it gets better. BEC feels like a mix of Managerial Accounting, Cost Accounting, Economics, and Finance. B1 & B2 are the killers for me so far. I need to pound on those MCQ, but the amount of questions sometimes discourage me. I even find myself wanting to clean the house instead of studying lol
FAR - 50, 78
BEC - 67, 72, 75
AUD - 72, 80
REG - 70, 85To God be the glory! Forever, amen!
NJ License
September 20, 2013 at 1:54 pm #483574
CPA2B_NJMember@Bretton James 2.0 – It's good to know that it gets better. BEC feels like a mix of Managerial Accounting, Cost Accounting, Economics, and Finance. B1 & B2 are the killers for me so far. I need to pound on those MCQ, but the amount of questions sometimes discourage me. I even find myself wanting to clean the house instead of studying lol
FAR - 50, 78
BEC - 67, 72, 75
AUD - 72, 80
REG - 70, 85To God be the glory! Forever, amen!
NJ License
September 20, 2013 at 3:32 pm #483557
AnonymousInactiveSeptember 20, 2013 at 3:32 pm #483576
AnonymousInactiveSeptember 20, 2013 at 11:00 pm #483559
AnonymousInactiveCan anybody help explain this question to me?
Pole Co. is investing in a machine with a 3-year life. The machine is expected to reduce annual cash operating costs by $30,000 in each of the first 2 years and by $20,000 in year 3. Present values of an annuity of $1 at 14% are
Period 1 0.88
Period 2 1.65
Period 3 2.32
Using a 14% cost of capital, what is the present value of these future savings?
Answer: $62,900
September 20, 2013 at 11:00 pm #483578
AnonymousInactiveCan anybody help explain this question to me?
Pole Co. is investing in a machine with a 3-year life. The machine is expected to reduce annual cash operating costs by $30,000 in each of the first 2 years and by $20,000 in year 3. Present values of an annuity of $1 at 14% are
Period 1 0.88
Period 2 1.65
Period 3 2.32
Using a 14% cost of capital, what is the present value of these future savings?
Answer: $62,900
September 21, 2013 at 1:41 am #483561
nishvikParticipant@CPAnd -I remember this MCQ ,scratched my head thinking about it.Currentlyjust started revising BEC and hmmm I still not sure with this one but i think thr present value factors given for this MCQ ie Present value of an annuity of $1is given.
Cash flows given are 30000,30000,20000 so its not the same for all 3 years hence we cant use ordinary annuity of $1 values given
so Present Value of $1 are to be used which we can calculate from the given values
year 1-0.88
year 2- 0.77 (1.65-0.88)
year 3- 0.67 (2.32-1.65)
Hence 30000*0.88+30000*.77+20000*1.65=$62900.
Hope this helps..
FAR- 79 -->Becker self study, Final review & Flashcards
REG -72-->Becker ,76-->Becker plus Wiley test bank
AUD- 73 Becker,72-->Becker+Wiley,69-->Added ninja notes,89 --> Added Gleim review
BEC- 84 Becker plus Wiley Test bankI am Done !!!!
September 21, 2013 at 1:41 am #483580
nishvikParticipant@CPAnd -I remember this MCQ ,scratched my head thinking about it.Currentlyjust started revising BEC and hmmm I still not sure with this one but i think thr present value factors given for this MCQ ie Present value of an annuity of $1is given.
Cash flows given are 30000,30000,20000 so its not the same for all 3 years hence we cant use ordinary annuity of $1 values given
so Present Value of $1 are to be used which we can calculate from the given values
year 1-0.88
year 2- 0.77 (1.65-0.88)
year 3- 0.67 (2.32-1.65)
Hence 30000*0.88+30000*.77+20000*1.65=$62900.
Hope this helps..
FAR- 79 -->Becker self study, Final review & Flashcards
REG -72-->Becker ,76-->Becker plus Wiley test bank
AUD- 73 Becker,72-->Becker+Wiley,69-->Added ninja notes,89 --> Added Gleim review
BEC- 84 Becker plus Wiley Test bankI am Done !!!!
September 21, 2013 at 2:29 pm #483563
AnonymousInactiveSeptember 21, 2013 at 2:29 pm #483582
AnonymousInactiveSeptember 21, 2013 at 4:39 pm #483565
AmayMember@cpa2b I am 71% through B4 lectures. I am very behind because I got a really bad sinus infection and have had bad headaches every day almost for the past 3 weeks. I also had to work last weekend, which was not expected. I am feeling better and going to dr. on Monday so should speed up right now. Plan this weekend is to finish the lectures and begin working on those MCQs.
BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! ๐*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently ๐
September 21, 2013 at 4:39 pm #483584
AmayMember@cpa2b I am 71% through B4 lectures. I am very behind because I got a really bad sinus infection and have had bad headaches every day almost for the past 3 weeks. I also had to work last weekend, which was not expected. I am feeling better and going to dr. on Monday so should speed up right now. Plan this weekend is to finish the lectures and begin working on those MCQs.
BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! ๐*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently ๐
September 21, 2013 at 7:20 pm #483567
zxiaoMember@Amay
Thanks for responding my question.
I had two exams in school last week so I had to postpone my BEC plan to yesterday. I watched B1 lectures. I'm having trouble with B1-50 and 51. Since the lecture did cover the problem, I had no idea how they got units transferred in and units transferred out, as well as equivalent units of production. Does anyone know how to solve that problem?
Also, do I really need to know how to solve every problems in Becker in order to pass the exam? I'm so frustrated right now!
I Can Do This!!!!!
BEC: 89
AUD: 99
REG: 93
FAR: 8/2/2014September 21, 2013 at 7:20 pm #483586
zxiaoMember@Amay
Thanks for responding my question.
I had two exams in school last week so I had to postpone my BEC plan to yesterday. I watched B1 lectures. I'm having trouble with B1-50 and 51. Since the lecture did cover the problem, I had no idea how they got units transferred in and units transferred out, as well as equivalent units of production. Does anyone know how to solve that problem?
Also, do I really need to know how to solve every problems in Becker in order to pass the exam? I'm so frustrated right now!
I Can Do This!!!!!
BEC: 89
AUD: 99
REG: 93
FAR: 8/2/2014 -
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