[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

[kevinco]

@UMCCPA, really intense I don't know that 3 hrs is enough, I did not have enough time to come up with the long written communication samples I've seen on Becker, I mean I felt that there were some items I had never seen/ heard.

I am hoping for the best. My advice prepare as much as you can. Sadly enough I was in a rush to get my last test done and only gave myself 3 weeks, and I think BEC is under rated there is so much material. I will stay in this forum and try and grasp some just in case.

Boise State Alumni

05/08/13 FAR Passed - 80
07/09/13 AUD Passed - 96
10/10/13 REG Passed - 75
11/07/13 BEC 77!!! I am DONE!!!!!!!!
12/13/2013 Received my CPA license on my son's 6th birthday in the mail! My son is always a blessing!!

BS - Environmental Science
BBA - Accountancy

Becker Lectures and MCQs. Click on my avatar for my LinkedIn page.

[kevinco]

@UMCCPA, really intense I don't know that 3 hrs is enough, I did not have enough time to come up with the long written communication samples I've seen on Becker, I mean I felt that there were some items I had never seen/ heard.

I am hoping for the best. My advice prepare as much as you can. Sadly enough I was in a rush to get my last test done and only gave myself 3 weeks, and I think BEC is under rated there is so much material. I will stay in this forum and try and grasp some just in case.

Boise State Alumni

05/08/13 FAR Passed - 80
07/09/13 AUD Passed - 96
10/10/13 REG Passed - 75
11/07/13 BEC 77!!! I am DONE!!!!!!!!
12/13/2013 Received my CPA license on my son's 6th birthday in the mail! My son is always a blessing!!

BS - Environmental Science
BBA - Accountancy

Becker Lectures and MCQs. Click on my avatar for my LinkedIn page.

[UCMCPA]

Well, we will see what your score is come Nov 22nd, I'm sure you did well.

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

[UCMCPA]

Well, we will see what your score is come Nov 22nd, I'm sure you did well.

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

[UCMCPA]

Doing 120 questions a day, last two days I have averaged ~84% on them, but I will admit I had to look up some items, so probably high 70's. Items are starting to come together.

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

[UCMCPA]

Doing 120 questions a day, last two days I have averaged ~84% on them, but I will admit I had to look up some items, so probably high 70's. Items are starting to come together.

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

[cpaherewego]

Nothing like a three day weekend…time for the last push for my meeting with BEC next Saturday!! Finishing up rewriting my notes and then on to TONS of MCQ's!!!

FAR - 10/13(retake)
AUD - TBD
BEC - TBD
REG - TBD

You can do anything you put your mind too!!!

[cpaherewego]

Nothing like a three day weekend…time for the last push for my meeting with BEC next Saturday!! Finishing up rewriting my notes and then on to TONS of MCQ's!!!

FAR - 10/13(retake)
AUD - TBD
BEC - TBD
REG - TBD

You can do anything you put your mind too!!!

[stokey45]

Guys I need help with this question.

B. Frames Inc. evaluates manf. overhead by using variance analysis. the following information applies to the month of May:

Actual

Number of frames manufactured 19,000

Variable OH Costs $4,100

Fixed OH Costs $22,000

Direct Labor Hours 2,100 Hours

Budget

Number of frames manufactured 20,000

Variable OH Costs $2 Per Direct Labor Hour

Fixed OH Costs $20,000 $1 per unit

Direct Labor Hours 0.1 hour per frame

What is the production volume variance?

a.$1000 favorable

b.$1000 unfavorable

c. $2000 unfavorable

d. $2000 favorable

[stokey45]

Guys I need help with this question.

B. Frames Inc. evaluates manf. overhead by using variance analysis. the following information applies to the month of May:

Actual

Number of frames manufactured 19,000

Variable OH Costs $4,100

Fixed OH Costs $22,000

Direct Labor Hours 2,100 Hours

Budget

Number of frames manufactured 20,000

Variable OH Costs $2 Per Direct Labor Hour

Fixed OH Costs $20,000 $1 per unit

Direct Labor Hours 0.1 hour per frame

What is the production volume variance?

a.$1000 favorable

b.$1000 unfavorable

c. $2000 unfavorable

d. $2000 favorable

[stokey45]

Answer to previous post.

b. $1000 unfavorable

Applied overhead=

(2.00 x .1 x 19000) + (1.00 x 19,000) = $22,800

Budgeted overhead based on standard hours:

(2.00 x .1 x 19000) + (1.00 x 20,000) = $23,800

I understand the overhead applied; what I do not understand is how did the come up with the budgeted OH. I am trying to make sense of the variance calculations but I am not grasping it. I looked back at some previous posts by a cpa candidate who made a you tube video. I cannot use that formula to help make sense of this question. I also am using the way that Becker remembers the different overhead variances (A BA BS A) and that is not helping me either. For volume variance per Becker you compare the Budget amt based on std hours allowed for production achieved to the overhead applied.

Can someone help me with this and tell me how you are mastering this concept?

[stokey45]

Answer to previous post.

b. $1000 unfavorable

Applied overhead=

(2.00 x .1 x 19000) + (1.00 x 19,000) = $22,800

Budgeted overhead based on standard hours:

(2.00 x .1 x 19000) + (1.00 x 20,000) = $23,800

I understand the overhead applied; what I do not understand is how did the come up with the budgeted OH. I am trying to make sense of the variance calculations but I am not grasping it. I looked back at some previous posts by a cpa candidate who made a you tube video. I cannot use that formula to help make sense of this question. I also am using the way that Becker remembers the different overhead variances (A BA BS A) and that is not helping me either. For volume variance per Becker you compare the Budget amt based on std hours allowed for production achieved to the overhead applied.

Can someone help me with this and tell me how you are mastering this concept?

[stokey45]

Did anyone who is using Becker for review purchase the addition questions for B2? If so, did you find it worth it?

[stokey45]

Did anyone who is using Becker for review purchase the addition questions for B2? If so, did you find it worth it?

[UCMCPA]

When they are asking for total overhead, I always make sure I know the amounts of each the variable and fixed.

For applied, it will always be actual units. It gives you a FOH per unit of 1 dollar, and you can calculate a VOH per unit of .2 (2 hours x .1). Total of 1.2 total FOH rate x 19,000.

For the budgeted amount, it's BS (budget and std amounts). The only thing that will change here is the budgeted FOH because that's the amount they can budget as a total from the start. So ask yourself, what amount did they budget for FOH, the 20,000. The remaining amount (variable) is still the std amounts allowed that you calculated in applied, the 19,000 x .2.

Kind of a confusing explanation, but that's the only way I can make it through that problem lol

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

[Author]

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