Whenever I see your videos on topics that I find difficult understanding, I just thank God immediately. Thank you Sir for helping out in my accounting journey
That's fantastic. I always love to watch your videos. You're truly a teacher and i love the way you teach the topics.Keep it up my brother. Teaching is your blood for you are a born teacher. God bless you and thank you very much.
It is great that you decided to simplify our task of reading by giving us these many tutorials on the various accounting topics. you are grooming future accountants for sure.
so happy for this man!! Thank you so much for making accounting become so easy for us. I truly appreciate your lessons. You should become my lecturer - Straight As i'm telling you hehe !
Thank you sir for all your teaching I will come back to testify. But I need teaching on the Overheard absorption rate. I can't seem to understand what other tutors are teaching.
can you please help me out with this question Dabwiso Limited uses a standard costing system. The standard cost per unit of Product D is as follows: K Direct material 2 500 Direct labour 1 200 Production overheads: Variable 600 Fixed 500 Standard production cost 4 800 Standard selling price 7 500 The standard fixed production overhead absorption rate was based on a budgeted activity of 10,000 units. During Period 4, Production was 10,000 units as planned but sales were only 8,000 units. There was a total fixed production overhead variance of K500 000 adverse. All units were sold at K7,500 each. There were no opening inventory at the beginning of the period. Other costs incurred during the period were in relation to selling and distribution, and administration. These were as follows: Variable Fixed Selling and distribution 20% of sales K3 000 000 Administration - K5 000 000 Required: (a) Prepare operating Profit statement for Period 4 using: (i) Absorption costing (ii) Marginal (b) Prepare a reconciliation of the difference between the Profit/Loss under absorption costing and under marginal costing and explain the reason for the difference.
Thank you very much sir, I really appreciate Please sir, but in a place where we discovered Gross loss in absorption costing are we still going to add over absorption rate or less it?
Here 2024, and still thank God for your lectures. Everything becomes easy. Thank you
You are infact the best teacher anyone can ask for
Whenever I see your videos on topics that I find difficult understanding, I just thank God immediately.
Thank you Sir for helping out in my accounting journey
Welcome 🙏🏽
Same here😊
😂 God is good. 🙌🙌🙌
The best ever Accounting Teacher 👨🏾🏫
You’re a Blessing 🤜🏾🤛🏾
God bless you bro... Imagine looking for a solution to a problem and one found this.
I have passed this paper because of you.thank u so much
That's fantastic.
I always love to watch your videos.
You're truly a teacher and i love the way you teach the topics.Keep it up my brother. Teaching is your blood for you are a born teacher. God bless you and thank you very much.
You are the best lecturer ever, you've made my academic journey simple. God bless you
Going for exams on 4th December 24. Getting confident cos of all your lectures. Right from break even, Bank reconciliation, Index numbers
Let's solve one question on marginal and absorption costing Sir..I am your keen student and always following. God bless you for your good works.
You have clearly opined my eyes to accounting. Thanks
It has just come when I needed it most, thank you sir.
Thanks FOG, we look forward to the part 2. God bless you real good
Finally, we have it. I remember asking FOG about helping me with a video tutorials. Thanks alot
You're tutorials saved me. Thank you so much!
It is great that you decided to simplify our task of reading by giving us these many tutorials on the various accounting topics.
you are grooming future accountants for sure.
Your helping alot of students out here🙌
Thanks sir,,,,infact this is what ave been waiting for ... thanks once again....Mike from Kenya.
You are such an amazing teacher… Continue the good work as you’re really helping students like me
l love your teaching mr felix personally l get a lot from your content sir thnx
God bless you with more knowledge sir. Thank you so much for making this so simple. You are kind
so happy for this man!! Thank you so much for making accounting become so easy for us. I truly appreciate your lessons. You should become my lecturer - Straight As i'm telling you hehe !
Thanks boss May Allah continue to increase your knowledge .... Ameen
Profound lecture and teaching skills. Weldone sir.
Greatful for ur lectures dear
Great tutorials looking forward to part 2. Thank u.
Part 2 has already been uploaded
th-cam.com/video/tFNs7rKXGCQ/w-d-xo.html
Great one
Thank you so much
this video really brought clarity for me on the two concepts
I love it
Very useful and thanks alot Sir
I like the practical approach here with FOG
Your lessons have really helped me
best teacher. i love your lesson
Thank you sir God bless you. Your teachings is good
thaaaanks. amazing video.
God bless you sir 🙏,now I understand better
Thank you very much Sir. This is really helpful
Mr FOG you motivate me Sir. I now understand wow.
Sir, we'll taught. All my doubts are gone. Thank you so much. Really appreciate your teaching. Everyone, this video is worth watching.
THANK YOU VERY MUCH. I BENEFITED IMMENSELY FROM THIS LECTURE
Good bless you sir,your videos have really been helpful....please do a part 3 on marginal and absorption costing please sir
Appreciated Sir.
Thank you Sir for the good explanation.
Thank you so much 🙏🏿may God bless you sir
May the Lord bless you for your hard work❤
Please do a tutorial on process costing with WIP. Thanks
omg i'm in love with your explanation!!!
Thank you so much for this lecturer sir.....I really appreciate
Lecture*
You're the best 👌
You give it all for us may Allah bless 🙌 you
Thank you sir for your amazing videos..
Could you also do a video on learning curve?.
Thanks so much sir for the teaching. Well understood
U have to get best teacher award ooo
Hloo Mr fog this ur student from makerere University Uganda 🇺🇬 thanks for the good work
Thank you so much sir
This video was so helpful 😊
God bless you for what you are doing
Brilliant.
Well explained.. Good job
Pliz send part 2 sir. Thank you 😊
Thanks so much sir,,,,part 2 please
Thank you so much sir. Please do Branches under financial accounting.
Thanks teacher continue to teach part two of the video because is almost approaching
Exam is almost approaching
Mr. FOG you made me good about this declaration
Thank you sir for all your teaching I will come back to testify. But I need teaching on the Overheard absorption rate. I can't seem to understand what other tutors are teaching.
You are a life saver
God bless you sir, more strength in jesus name amen
The best ❤
Thank you Sir i dont know how to thank you
Thankyou sir it's help me alot and can you do a vedio on how to write report to management.
I just found my new teacher
Not all heroes wear capes. Hands down best teacher ever
Great 😊
Thank you
Thank you sir be blessed
Thank you so much for this
can you please help me out with this question
Dabwiso Limited uses a standard costing system. The standard cost per unit of
Product D is as follows:
K
Direct material 2 500
Direct labour 1 200
Production overheads: Variable 600
Fixed 500
Standard production cost 4 800
Standard selling price 7 500
The standard fixed production overhead absorption rate was based on a budgeted
activity of 10,000 units.
During Period 4, Production was 10,000 units as planned but sales were only 8,000
units. There was a total fixed production overhead variance of K500 000 adverse. All
units were sold at K7,500 each.
There were no opening inventory at the beginning of the period.
Other costs incurred during the period were in relation to selling and distribution, and
administration. These were as follows:
Variable Fixed
Selling and distribution 20% of sales K3 000 000
Administration - K5 000 000
Required:
(a) Prepare operating Profit statement for Period 4 using:
(i) Absorption costing
(ii) Marginal
(b) Prepare a reconciliation of the difference between the Profit/Loss under absorption
costing and under marginal costing and explain the reason for the difference.
Thank you sir 🎉😊
Thank you boss
Thank you Sir. When will the second video be uploaded?
Please upload the second part
Thanks and God bless you
Sir please I need more videos on performance management 😔.
I've gotten so comfortable with your videos and looking elsewhere isn't funny at all😔.
Thank you so much Sir
Thank you very much. 🙏
Good day sir, please could you do a video on the topic * Job, batch and process costing.... Service costing*
Well understood sir, I'm requesting for contract costing subtopic
Thank you sir, please teach us about Lease Accounting (IFRS 16).
Please do more costing topics…..
Thank you sir. Can you do stock valuation
There is one already
Thank you very much sir, I really appreciate
Please sir, but in a place where we discovered Gross loss in absorption costing are we still going to add over absorption rate or less it?
Please sir if in question you have fixed selling overhead how will you treat it under two methods
This is clear but now how do you treat Over and Under Absorption in this profit statement.
Thank you so much sir
Pls can you post on process costing? How to get normal, abnormal lost and gain is a problem for me. Thank you
Thanks Sir,
How to calculate for the closing stock when one figure is given as for production and sales
Honestly you teach so well 🔥🔥
I have exams next week and your videos are so helpful. I was requesting if you could do the video on annuities 🥹🙏🏽
Do you have a video on job costing sir?
Pls do you have a video on cos Account (interlocking,integrated etc)
I've have a question
What if question require came with sales 1,000 unit@10 per unit. How i mine going to start?
1000 × 10= 10000
meaning 10000 is your sales
Thank you.
Thanks Boss!
How will you calculate for closing stock when it is not given
Please can you do a video on process costing?
Sir please how do when we have under and over absorption.
Some highlights on budgeting and budgetary control