BEC on Saturday

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  • #202265
    kyle.brown
    Participant

    Help everyone! Which formulas should i be focusing on? I dont want to waste the last 3 days memorizing formulas but want to hit ones i have to know 100% so i can spend more time on my weak areas.

    FAR - Passed 4/2016
    AUD - Passed 11/2015
    REG - ?
    BEC - 05/28/2016

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  • #778405
    jessica8926
    Participant

    the variance ones for sure. here are some that i studied. there might be more but i forgot them:

    • Labor Efficiency – SR * (SH – AH). Actual Quantity Purchased/Consumed *(standard price per unit – actual price per unit)

    • Labor Rate – AH * (SR – AR). Standard price per unit * (standard quantity used – actual quantity used)

    • Material Price – AQ * (SP – AP). Actual Quantity Purchased/Consumed *(standard price per unit – actual price per unit)

    • Material Efficiency – SP * (SQ – AQ). Standard price per unit * (standard quantity used – actual quantity used)

    • Fixed overhead spending – (budgeted-standard fixed overhead to incur – actual fixed overhead incurred)

    • Fixed overhead volume – (budgeted-standard fixed overhead to incur – ((actual production * standard labor hours)*(budgeted-standard fixed overhead to incur/budgeted labor hours))

    AUD - 77
    BEC - 82
    FAR - 75
    REG - 81
    Illinois Certified Public Accountant 2016

    AUD - 69, 77
    REG - 74, 81
    FAR - 75!
    BEC - 71, 82

    IL candidate!

    Finally done (5/24/16)!! Yahooooooo!

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