MARGINAL AND ABSORPTION COSTING (PART 1)

[@daphinetendaimasaka]

Here 2024, and still thank God for your lectures. Everything becomes easy. Thank you

[@benedictaappianing3698]

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

[@FOGAccountancyTutorials]

Welcome 🙏🏽

[@maryannekere]

Same here😊

[@ajoahamamensu6915]

😂 God is good. 🙌🙌🙌

[@exceljoy8749]

You are infact the best teacher anyone can ask for

[@nsuefranck8672]

The best ever Accounting Teacher 👨🏾‍🏫
You’re a Blessing 🤜🏾🤛🏾

[@awesusamuel9472]

God bless you bro... Imagine looking for a solution to a problem and one found this.

[@bridgetlungu5070]

You are the best lecturer ever, you've made my academic journey simple. God bless you

[@danielphiri5480]

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.

[@benedictnkuubi9600]

I have passed this paper because of you.thank u so much

[@nanaasibu2519]

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.

[@andrewmartinlubuulwa8082]

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.

[@SaffinatuBah]

You have clearly opined my eyes to accounting. Thanks

[@stanleymumba3061]

It has just come when I needed it most, thank you sir.

[@davordzisamuel]

Finally, we have it. I remember asking FOG about helping me with a video tutorials. Thanks alot

[@ouchokollawrence4103]

Going for exams on 4th December 24. Getting confident cos of all your lectures. Right from break even, Bank reconciliation, Index numbers

[@ajanitobi9566]

Thanks FOG, we look forward to the part 2. God bless you real good

[@KayembaRonald-uu4re]

l love your teaching mr felix personally l get a lot from your content sir thnx

[@lelealexander2683]

You are such an amazing teacher… Continue the good work as you’re really helping students like me

[@estherkassanga4190]

Your helping alot of students out here🙌

[@dinatukumuriwonabonadam3621]

God bless you with more knowledge sir. Thank you so much for making this so simple. You are kind

[@bintiussillah-qe3fo]

Thanks boss May Allah continue to increase your knowledge .... Ameen

[@michaelmuthoka2611]

Thanks sir,,,,infact this is what ave been waiting for ... thanks once again....Mike from Kenya.

[@balogunsuliat4368]

Please do a tutorial on process costing with WIP. Thanks

[@johnocallaghan6673]

I like the practical approach here with FOG

[@MelissaKaremu]

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 !

[@puleperi9870]

Thank you so much
this video really brought clarity for me on the two concepts
I love it

[@adedamolaolawole732]

Profound lecture and teaching skills. Weldone sir.

[@mogamimoepeng8406]

best teacher. i love your lesson

[@engelmichael1716]

Great one

[@brimasaidu]

Thank you sir God bless you. Your teachings is good

[@FatumaDdanah]

Hloo Mr fog this ur student from makerere University Uganda 🇺🇬 thanks for the good work

[@roshanafernando2443]

Sir, we'll taught. All my doubts are gone. Thank you so much. Really appreciate your teaching. Everyone, this video is worth watching.

[@takudzwamutevani870]

THANK YOU VERY MUCH. I BENEFITED IMMENSELY FROM THIS LECTURE

[@AKINYIIRENEOMONDI]

Your lessons have really helped me

[@NakaluleCatherine-ry1dt]

Greatful for ur lectures dear

[@victorianyiam4831]

Good bless you sir,your videos have really been helpful....please do a part 3 on marginal and absorption costing please sir

[@Nothinghere761]

Mr FOG you motivate me Sir. I now understand wow.

[@kofiessuman1669]

Very useful and thanks alot Sir

[@UmarRazac]

You're the best 👌
You give it all for us may Allah bless 🙌 you

[@joyezenatein66]

Thank you sir for your amazing videos..
Could you also do a video on learning curve?.

[@idoculta4463]

thaaaanks. amazing video.

[@mercychavula7139]

Thank you Sir for the good explanation.

[@adenirandorcas-sv6rv]

God bless you sir, more strength in jesus name amen

[@ashinidos05]

Not all heroes wear capes. Hands down best teacher ever

[@etiyeobongchristopher6961]

Thank you very much Sir. This is really helpful

[@ajayiabigail4103]

Thanks so much sir for the teaching. Well understood

[@adendiriye510]

Appreciated Sir.

[@joshuahannah4190]

God bless you sir 🙏,now I understand better

[@modestagbeku1467]

U have to get best teacher award ooo

[@GraceOsei-b2v]

May the Lord bless you for your hard work❤

[@bodenore]

God bless you for what you are doing

[@ESTERMTUI-g8t]

Thank you so much 🙏🏿may God bless you sir

[@crystalnaj8560]

Great tutorials looking forward to part 2. Thank u.

[@FOGAccountancyTutorials]

Part 2 has already been uploaded

[@FOGAccountancyTutorials]

th-cam.com/video/tFNs7rKXGCQ/w-d-xo.html

[@deborahayomide3421]

Thank you so much for this lecturer sir.....I really appreciate

[@deborahayomide3421]

Lecture*

[@rajimotunrayo4455]

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.

[@feedersinternational9895]

Brilliant.

[@jms_mercy716]

Pliz send part 2 sir. Thank you 😊

[@kitty.la_deesse]

Thank you so much sir. Please do Branches under financial accounting.

[@yanuramohaa7831]

Thanks teacher continue to teach part two of the video because is almost approaching

[@yanuramohaa7831]

Exam is almost approaching

[@collinsmawuliadzove8430]

Mr. FOG you made me good about this declaration

[@akosualawson1587]

I just found my new teacher

[@cynthiaodhiambo8072]

You are a life saver

[@P.oriksYT]

Thank you so much sir
This video was so helpful 😊

[@okoromasomachi]

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😔.

[@ericaampem2451]

Thank you

[@simonjohnis9331]

Thanks so much sir,,,,part 2 please

[@mariamarume3086]

Thank you Sir i dont know how to thank you

[@Josephine2003lape-zs2do]

Thankyou sir it's help me alot and can you do a vedio on how to write report to management.

[@elvischinkuli8618]

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.

[@shollybanti3995]

Well explained.. Good job

[@adejimiopeyemi635]

Please upload the second part
Thanks and God bless you

[@akuegbuhilda9909]

Thank you Sir. When will the second video be uploaded?

[@kellyguri1918]

The best ❤

[@AdewumiBimpe]

Thank you so much for this

[@drasserngolo3057]

Thank you sir be blessed

[@thanhmainguyen5447]

omg i'm in love with your explanation!!!

[@isaacmorgan3318]

Thank you boss

[@maalimsopay1655]

Thank you sir, please teach us about Lease Accounting (IFRS 16).

[@thrillblurrr73]

Good day sir, please could you do a video on the topic * Job, batch and process costing.... Service costing*

[@nanakweku3341]

Thank you so much Sir

[@emmanueladu-gyamfi6822]

Thank you very much. 🙏

[@kennedymutuku5335]

Well understood sir, I'm requesting for contract costing subtopic

[@rosaliandume8404]

Great 😊

[@nakslindy549]

Thank you sir 🎉😊

[@ehinomen9419]

Thank you.

[@josephsabe1502]

Thanks Sir,

[@ubahgedi2571]

Thanks you so much

[@estherraymond4184]

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

[@jeraljeh9549]

Please do more costing topics…..

[@vibeztvafrica9255]

Thanks Boss!

[@iyohaimmaculate2220]

Thanks sir

[@onyokrobert4014]

This is clear but now how do you treat Over and Under Absorption in this profit statement.

[@nelsonchivandire3092]

Thank you sir. Can you do stock valuation

[@erutujironapoleon2330]

There is one already

[@popoolalateefat1302]

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?

[@naomicharles1950]

Thanks

[@atuhaireshallon248]

Some highlights on budgeting and budgetary control

[@patrickackonu2530]

Please sir if in question you have fixed selling overhead how will you treat it under two methods

[@vivianawortwe4840]

Pls do you have a video on cos Account (interlocking,integrated etc)

[@bettynabbanja8770]

Thank yuo

[@BarbaraChikondo-fh4tt]

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 🥹🙏🏽

[@ramantahir4075]

How to calculate for the closing stock when one figure is given as for production and sales

[@ChristabelDogbe-wu4fb]

Please can you do a video on process costing?

[@fawaznurudeen9344]

Good