[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

[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 🙂

[Amay]

OK apparently I forgot about the OH applied formula. Just figured out that we have to use the cost driver (DLH) to come up with an OH rate (given in this example) and then apply it to the std cost driver of actual level of activity (the actual DLHs used). For variable OH variance per my question above it would be $8 OH rate (given but can be calculated as $32/4=8) X 94,000 actual DLHs = $752K. Comparing 752K applied OH to the $740K actual variable OH gives you $12K Favorable Variable OH variance.

Sorry for the multiple posts! Sometimes it help to “talk” these out.

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]

OK apparently I forgot about the OH applied formula. Just figured out that we have to use the cost driver (DLH) to come up with an OH rate (given in this example) and then apply it to the std cost driver of actual level of activity (the actual DLHs used). For variable OH variance per my question above it would be $8 OH rate (given but can be calculated as $32/4=8) X 94,000 actual DLHs = $752K. Comparing 752K applied OH to the $740K actual variable OH gives you $12K Favorable Variable OH variance.

Sorry for the multiple posts! Sometimes it help to “talk” these out.

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 🙂

[Anonymous]

@mary

Becker #2 was an absolute joke. It is good to take and all but it doesn't resemble the real test (at least I hope my real score isn't that low).

The real test was a bit more like Becker's #1 practice test.

[Anonymous]

@mary

Becker #2 was an absolute joke. It is good to take and all but it doesn't resemble the real test (at least I hope my real score isn't that low).

The real test was a bit more like Becker's #1 practice test.

[mary28]

@Bretton ok thanks you made me feel better!! I was ready to push back my date because I did so poorly on it.

[mary28]

@Bretton ok thanks you made me feel better!! I was ready to push back my date because I did so poorly on it.

[Anonymous]

@mary

don't worry I was like oh shit…but it's ok. There were obviously some tough questions on the real thing but nothing too crazy at all.

[Anonymous]

@mary

don't worry I was like oh shit…but it's ok. There were obviously some tough questions on the real thing but nothing too crazy at all.

[jeff]

Free IT Video: https://www.another71.com/ninja-blitz/

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

[jeff]

Free IT Video: https://www.another71.com/ninja-blitz/

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

[Qlad]

i can not understand these PVFCF….could someone pls explain

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Qlad]

i can not understand these PVFCF….could someone pls explain

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[UCMCPA]

Not to this yet but…

Assuming PVFCF stands for present value of future cash flows. Basically, it's looking at income you would get in years 2,3,4,5,,,etc and discounting it back to today's amounts factoring in interest rate.

FAR - 84
AUD - 94
REG - 86
BEC - 86

[UCMCPA]

Not to this yet but…

Assuming PVFCF stands for present value of future cash flows. Basically, it's looking at income you would get in years 2,3,4,5,,,etc and discounting it back to today's amounts factoring in interest rate.

FAR - 84
AUD - 94
REG - 86
BEC - 86

[Author]

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