[jeff]

BEC 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

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

[Anonymous]

@Jennifer241 If you're using Becker look at CPA-04142. Here it's the opposite of what I was saying. I guess for volume it's favorable if budget is more?

[Anonymous]

@Jennifer241 If you're using Becker look at CPA-04142. Here it's the opposite of what I was saying. I guess for volume it's favorable if budget is more?

[Amay]

@Esther the way to make sense of that is to think about what you are comparing? If it's volume, you want to produce more than targeted (standard). So if your actual is greater than standard it is favorable. On the other hand, if you are talking about costs, you want to spend less (the lower your costs the better). So if your actual costs are less than standard (target costs), then it is favorable.

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*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 🙂

[Amay]

@Esther the way to make sense of that is to think about what you are comparing? If it's volume, you want to produce more than targeted (standard). So if your actual is greater than standard it is favorable. On the other hand, if you are talking about costs, you want to spend less (the lower your costs the better). So if your actual costs are less than standard (target costs), then it is favorable.

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*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 🙂

[mary28]

@amay since you already took BEC, any advice? I am taking it 10/24 too. I just took the final exam #2 of Becker, please tell me the actual CPA won't be like that?

[mary28]

@amay since you already took BEC, any advice? I am taking it 10/24 too. I just took the final exam #2 of Becker, please tell me the actual CPA won't be like that?

[Amay]

The exam was easier in my experience, and I remember thinking I did not get as many calculation questions. If you have covered all your bases you should be fine. Good luck!

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*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 🙂

[Amay]

The exam was easier in my experience, and I remember thinking I did not get as many calculation questions. If you have covered all your bases you should be fine. Good luck!

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*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 🙂

[smyoung0521]

Anyone else following Ninja method…This is my retake so I ordered Roger's CRAM course….so right now I am trying to get through all 8 hours of CRAM video, read CRAM book and Wiley, copying Ninja notes and adding to them from Wiley and CRAM course. I am debating whether to do any multiple choice or to really focus on getting the videos and notes done and then do nothing but multiple choice….I am 6 weeks out right now as my exam is scheduled for December 6th. I have 2 test banks (MDS and Wiley)…any words of wisdom or guidance! Jeff?

Restarting my journey!
Using Rogers and supplementing with Ninja

[smyoung0521]

Anyone else following Ninja method…This is my retake so I ordered Roger's CRAM course….so right now I am trying to get through all 8 hours of CRAM video, read CRAM book and Wiley, copying Ninja notes and adding to them from Wiley and CRAM course. I am debating whether to do any multiple choice or to really focus on getting the videos and notes done and then do nothing but multiple choice….I am 6 weeks out right now as my exam is scheduled for December 6th. I have 2 test banks (MDS and Wiley)…any words of wisdom or guidance! Jeff?

Restarting my journey!
Using Rogers and supplementing with Ninja

[Amay]

@sm finish all your videos and take notes while you watch them, do all of your mcqs (or most of them) and take notes on the explanations (look at all the answer explanations, not just the reason why your choice A was right/wrong for example). After you're done with your mcqs, it's time to review. Rewrite those notes (or your NINJA notes) and then go back to do mini 20-question MCQ sets. Start with your weakest topic and work your way up. You should be scoring above 70s at this point. I love this method. It is sooo simple and it works!!

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*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 🙂

[Amay]

@sm finish all your videos and take notes while you watch them, do all of your mcqs (or most of them) and take notes on the explanations (look at all the answer explanations, not just the reason why your choice A was right/wrong for example). After you're done with your mcqs, it's time to review. Rewrite those notes (or your NINJA notes) and then go back to do mini 20-question MCQ sets. Start with your weakest topic and work your way up. You should be scoring above 70s at this point. I love this method. It is sooo simple and it works!!

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*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 🙂

[Amay]

@Thanks UCMCPA! I had a feeling it had to do with that, but could not logically explain my way through it in my head.

Her's another variance question.

Water Control, Inc. manufactures water pumps and uses a standard cost system. The standard factory overhead costs per water pump are based on direct labor hours and are shown below:

Variable overhead (4 hours at $8/hour) $ 32

Fixed overhead (4 hours at $5*/hour) 20

Total overhead cost per unit $ 52

*Based on a capacity of 100,000 direct labor hours per month.

The following additional information is available for the month of November.

22,000 pumps were produced although 25,000 had been scheduled for production.

94,000 direct labor hours were worked at a total cost of $940,000.

The standard direct labor rate is $9 per hour.

The standard direct labor time per unit is four hours.

Variable overhead costs were $740,000.

Fixed overhead costs were $540,000.

The fixed overhead spending variance for November was:

a. $15,000 favorable.

b. $240,000 unfavorable.

c. $70,000 unfavorable.

d. $40,000 unfavorable.

I answered D correctly by multiplying $20 std. Fixed OH cost X 25,000 targeted pumps which equals $500K and comparing it to the actual Fixed OH cost of $540K. However, they explain that they got the 100,000 DLH X $5/hour = 500K and compared it to the actual Fixed OH cost of $540K. Are there just multiple way of calculating this problem or am I doing it wrong?

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*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 🙂

[Amay]

@Thanks UCMCPA! I had a feeling it had to do with that, but could not logically explain my way through it in my head.

Her's another variance question.

Water Control, Inc. manufactures water pumps and uses a standard cost system. The standard factory overhead costs per water pump are based on direct labor hours and are shown below:

Variable overhead (4 hours at $8/hour) $ 32

Fixed overhead (4 hours at $5*/hour) 20

Total overhead cost per unit $ 52

*Based on a capacity of 100,000 direct labor hours per month.

The following additional information is available for the month of November.

22,000 pumps were produced although 25,000 had been scheduled for production.

94,000 direct labor hours were worked at a total cost of $940,000.

The standard direct labor rate is $9 per hour.

The standard direct labor time per unit is four hours.

Variable overhead costs were $740,000.

Fixed overhead costs were $540,000.

The fixed overhead spending variance for November was:

a. $15,000 favorable.

b. $240,000 unfavorable.

c. $70,000 unfavorable.

d. $40,000 unfavorable.

I answered D correctly by multiplying $20 std. Fixed OH cost X 25,000 targeted pumps which equals $500K and comparing it to the actual Fixed OH cost of $540K. However, they explain that they got the 100,000 DLH X $5/hour = 500K and compared it to the actual Fixed OH cost of $540K. Are there just multiple way of calculating this problem or am I doing it wrong?

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*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 🙂

[Amay]

I think I'm doing it wrong. The next question was for variable OH and I used my method, and got it wrong…

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*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 🙂

[Author]

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