[PR_CPA_2B]

Becker Question –

Do long problems like the ones in the passmaster for BEC 5 appear on the exam that often? It has me worried since when practicing I need almost 1:30-2 minutes just to read and understand what they are asking.

Thanks

[herbert7890]

Not at all. The ones in the exam are short and right to the point. You will need to memorize all the formulas, though.

FAR 88 - BEC 86 - AUD 90 - REG 85

[Anonymous]

The Becker homework is more involved than what you should see on the exam. The Becker homework is bad about making you calculate your inputs whereas on the exam you'll be given much more simply.

That being said, the homework is great for preparing you for the exam. If you are able to work through the Becker homework successfully you probably have a good mastery of the topic.

[whitesoxfancpa]

I still don't even know the formulas for any of the overhead variances and I'm taking the exam Tuesday.

Does the Becker book show the formulas anywhere?

For most of them they're self-explanatory. “Variable overhead efficiency variance.” I think to myself, OK, efficiency variance. In the parentheses is standard volume – actual volume. Outside the parentheses is a standard rate. Done. Just like the raw materials and labor variances.

Or if they give you actual, then you just calculate the standard rate x the standard output and then subtract the number they gave.

Did anybody else us the “figure it out as you go” method for the overhead variances? I honestly don't have a clue what any of the formulas actually are.

AUD 96 FAR 95 REG 94 BEC 88

[herbert7890]

whitesox, I wouldn't worry to much about the overhead variances in detail. You should know the basics, as you will probably be given most of the numbers in the exam ; )

FAR 88 - BEC 86 - AUD 90 - REG 85

[Author]

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