Overhead Variance Analysis – BEC

  • Creator
    Topic
  • #1441056
    cpa1982
    Participant

    I’m using Rogers CPA program and there are only 2 pages cover overhead variance analysis but this thing is hard. It literally chewing my brain out. I’m trying to do overheard variance analysis problems and getting every single one wrong. This is first time studying BEC I said to hell with Sh*t. Seriously this thing is sucks big time. Sorry for the rant but have to do it. Anyone here faces similar situation?? WHat did you do?

Viewing 3 replies - 1 through 3 (of 3 total)
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    Replies
  • #1441148
    A
    Participant

    What I *didn't* do was rely solely on my Roger review course material for topics that I struggled with. I kept my accounting textbooks and they came in handy for deeper review. If you don't have your books anymore, hop on Google and find a link about overhead variances (AccountingCoach is decent). If one link doesn't make sense, try another.

    B - 77 (2.27.16)
    A - 81 (4.18.16)
    R -
    F -

    Roger Review + Ninja MCQs

    #1441170
    ng3926a
    Participant

    What do you need help on? Is it just the calculations or do you not understand why variable variances are needed?

    At first I had a hard time understanding the differences between budgeted vs. standard Vs. actual vs applied. Once you learn that, you can master the formulas.

    #1441206
    cpa1982
    Participant

    Nathalia,

    I don't have issue with Direct labor, material variance analysis. it is just Overhead variances is getting to me. I just don't understand the way it word it out. I googled it and I find few links but still stuff is just going over my head. First time I felt Roger's book and lecture did poor job explaining the concept. Instead breaking it out in smaller part like he did for Direct labor, material variances, he just lump it together. Example giving in textbook is also going over my head. I have hard time following from stanard budget to standard cost based on acutal budget to acutal budget for variance analysis.

Viewing 3 replies - 1 through 3 (of 3 total)
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