Fantastic teaching of Traditional Cost and ABC method of costing to calculate Per Unit Cost. Tomorrow I have exam and it was of great help, sir. please keep doing the great job you have been doing and inspiring learners on your channel
I'm camping here in your channel because I have exams coming soon and I can't tell you how thankful I am for discovering this channel. Following from Kenya 🇰🇪
Nice explained the topic with easy style, please do correct the unit cost 9.18 instead of 8.18 under traditional costing. Can you guide which cost system should be applied in motor cycle manufacturing and assembly whether ABC or absorption cost system?
Thank you Sir. When preparing F/O budget as part of operations budget, the variable component using ABC should be arrived at by multiplying the units to be manufactured by the predetermined overhead rate that was calculated using ABC. Please advise if my understanding is correct. Thank you Miriam from Papua New Guinea
Just want to ask that different industry has different cost pool and cost drivers. I am always confused as to how will I recognise the cost drivers. Is there any specific way.
Great lesson thank you so much! Is it true ABC would be more for internal managerial decision as where traditional method is the one required for reporting under U.S GAAP?
Good day Total budgeted OH is 720K USD and Sum of all activities budget cost is 1440K. (400k, 90k, 800k, 100k, 50k). Kindly clarify my doubt Why there's gap.
hii sir this is shivkumar singh in some of question we have to calculate cpu but no direct labour or direct material cpu is not given instead of that annual output in units and total machine hours is given ... in that how ut should be done ...... please reply
This is a little note to let you know just how helpful you have been. You’re such an amazing teacher and I hope you know that! Thank you!
Thanks a lot dear for your appreciation, thats what keeps me going.
@@CommerceSpecialist EXCELLENT EXPLANATION!!! Many thanks. Wishing you all the very best.
Your teaching ability shows how passionate and gifted you are.
Thanks a lot
From Nigeria
Thx my dear🙏👍
The best teacher in the world.
Am writing costing in a few days ,this is so good i just discovered you in a few days this is fulfilling. Thanks
Watching from Zimbabwe 🇿🇼
👍🙏
Fantastic teaching of Traditional Cost and ABC method of costing to calculate Per Unit Cost. Tomorrow I have exam and it was of great help, sir. please keep doing the great job you have been doing and inspiring learners on your channel
Good Luck my dear👍
Excellent video- the best I found on youtube to hep understand the computing of ABC. Thank you!
@@prachipandey5601 thanks dear👍👍
I Knew Nothing Before I Watched This Video, But I Know A Lot More Now. Thank You So Much ❤
Thanks dear
Thankyou for your generosity. You are making life easy for us. (Cpa moses from uganda)
Thanks sir from Cameroon. I LOVE ABC BECAUSE OF YOU SIR
A sincere thank you for being the guiding light in my CMA exam journey. You made the journey way less rocky. Big high-five!♥️
Ur welcome dear🙏👍
I am really proud of how you achieved your place where you are right now. Thank you! :)
@@johnankitgomes5442 thx dear🙏😊👍
Thank you so much, I had never understood this with my tutor until I met you. Blessings follow you Sir
Thanks a lot my dear🙏👍
Thanks very much for uploading the video.
I found very helpfull,the way you explain things is appreciable.
Thanks for breaking it down to the basics.
the best explanation! Thank you so much for the good work!
@@dilkiayesha4204 thx dear🙏👍
Thank you sir it takes time and effort to make this video highly appreciated 🎉
@@Selfmotivationalmind You are welcone dear👍🙏
Great explanation ! Very clear and detailed !
Thx dear
You are good at what you are doing. Super star. Very clear explanations and links to practical environment
Thanks dear
Thank you so much sir for this PRACTICAL AND AWESOMELY EXPLANATION ❤❤❤❤❤❤❤❤❤❤
Ur welcome my dear🙏👍
Sir you have beautifully explained each point.. My doubts got cleared.. Thankyou sir
You are most welcome dear😊👍🙏
Keep going. We want more of such staff
Sure
Excellent explanation sir 🙏🙏👏🏼👏🏼👏🏼
I'm camping here in your channel because I have exams coming soon and I can't tell you how thankful I am for discovering this channel.
Following from Kenya 🇰🇪
@@wanjirukamau9744 You are welcome dear. All the best for exams. Love to all my Keynians supporters.👍🙏
Your lecture is just awesome for concept clarification.
Thx Masud😊👍
Take lots of love sir❤
I downloaded almost all your lectures eagerly waiting for more productive lectures pls
Sure dear
is there another video on this channel, concerning multi products of same question
No but handouts with solutions are available to patreons
@@CommerceSpecialistsir in short what does traditional costing means
Beautifully explanation thank you so much sir
You made it’s so easy
In Simple language
You are such an amazing teacher!
Thanks a lot dear👍🙏
Watching frm Zambia..
@@carolinemunyati8276 Thanks dear. Loce to all my supporters from Zambia
You are the best 👍😊
Thank you very much sir… your teaching is very helpful 🇳🇦
Ur welcome dear🙏👍
Thank you! I have my final CPA exam Wednesday (BEC) and this explained a lot
Good Luck
@@CommerceSpecialist they said BEC would be a lay-up but I am finding out that's not true 😂
Thank you so much! This was a great explanation!
You are welcome dear
Thank you very much Sir. Please keep it up for sharing us such informative and useful videos .
You are welcome dear
Thank you so much. Enjoyed your video.
Ur welcome dear
Great ❤️🇳🇬
You have been helpful sir, wish me luck in my exam today. Performance management ICAN
@@olugbengaadeyemi5830 All the best
@@olugbengaadeyemi5830 all the best
Thank you very much Sir
Very much appreciated!
@@mohanaaruliah7269 ur welcome👍
I'm watching from Bangladesh🇧🇩
Thx, regards to all my students from Bangladesh
very well explained sir thank u so much!!
@@stutiparekh4017 ur welcome dear
Bravo
Thanks So much, This is very useful..
amazing
Thanks for your well expaination sir
@@JosephSatoh-em1sl ur welcome dear👍🙏
Thank you so much, you speak English clearly! Most of the time, it's mixed and with difficult accent to grasp.
Thanks dear😊🙏👍
Thanks
THANK U SO MUCH
Great explanation
Thx Omar🙏👍
You are an incredible teacher!
Thank you so much!
You are welcome🙏
Thankuu sir❤❤
🙏👍
very impressive
Thx dear
Well explained thanks
Thx Moyo
Thankyou sir💯♥️
🙏👍
Thank You Sir❤
Thanks for your video
Thankyou so much for being veg practical.
Nice explained the topic with easy style, please do correct the unit cost 9.18 instead of 8.18 under traditional costing. Can you guide which cost system should be applied in motor cycle manufacturing and assembly whether ABC or absorption cost system?
Thankyou sir. Great help
Thank you 🙏🏼
Sir Your vdos is too helpful
Thx dear👍🙏
When we divide cost base on activity (cost pool) can we consider administartion, selling and distribution and finance expenses also.
I'm happy to find you sir. It's mean a lot😍
Thx dear
Thank you
👍😊
Valuable
Amazing. Thank you
Thx Cham
perfectly explained thank you
Thanks Ruth
Sir Did you do WACC caculation
Its coming soon dear
Thank You Very Much,Sir🤓🤓🤓
Thx buddy
Thank you Sir. When preparing F/O budget as part of operations budget, the variable component using ABC should be arrived at by multiplying the units to be manufactured by the predetermined overhead rate that was calculated using ABC. Please advise if my understanding is correct.
Thank you
Miriam from Papua New Guinea
Dear Sir
Please advise if my statement above is correct.
thanks a lot! it is very useful
thabk you so much for this video it was really helpful. just had a question why wasn't the mat. handling divided by 3000
Just want to ask that different industry has different cost pool and cost drivers.
I am always confused as to how will I recognise the cost drivers.
Is there any specific way.
🇿🇲 thank you
Haven't words to say tnnx such an amazing tutor 🎉
Dear Hira, thx a lot🙏
in this question, can u explain under/over costing?
@@FathimaHima-f6w whats that???
Compare traditional costing & ABC costing.. can we identify under costing or over costing?
Sir can u share similar questions
Love from Nama Bnglru
Can you do job order costing and operation costing!!?
Job order costing video is already uploaded
Great lesson thank you so much! Is it true ABC would be more for internal managerial decision as where traditional method is the one required for reporting under U.S GAAP?
Yes
Wonderful 👏
Can you please represent it in a tabular form?
Sir, can you pls post a video on Marginal and Standard Costing
Sure very soon
Sir could you please explain difference between marginal costing and Throughput accounting
16:41
I'm preparing for my December attempt so can i go with ur teaching sir
@@Sanjana-p9d Sure dear. All the best🙏👍
Can you please post a video for through put accounting
Thank you so much sir but if you can explain the effect to p&l with opening and closing stock❤
Good day
Total budgeted OH is 720K USD and Sum of all activities budget cost is 1440K. (400k, 90k, 800k, 100k, 50k).
Kindly clarify my doubt Why there's gap.
hii sir this is shivkumar singh in some of question we have to calculate cpu but no direct labour or direct material cpu is not given instead of that annual output in units and total machine hours is given ... in that how ut should be done ...... please reply
Can only comment if i see the question dear
Kkk sir
Just let me know where to send the question screenshot
My email
Will this classs useful for cma usa???
@@un_known00 yes
Sir please say me 🙏🏿 why u didn't activities cost in Absorption costing method please say this
The video is there
I'm never failing this again
Thx a lot, Good Luck🙏👍
Thanks for you efforts
But dear teacher how can i calculate profit for each product using traditional costing and ABC ?
Same way, for cost per unit, take abc cost per unit, n for traditional, take cost per unit of traditional, other elements will be the same
What is the cost driver for order handling??? I am doing exercise and it does not have production runs.
It could me no. Of orders, or orders completed
@@CommerceSpecialist thank you
I love you
Thanks alot❤.Btw! off topic how did you got this fluent in speaking english as its apparent that it is not your first language?
Thanks a lot my dear. Its cuz of my school😊👍
Full material for us cma part 1 how to get.......from u sir??
For that you need to register in my course😊
How ABC costing provide greater unit costs for low volume products than is reported by Absorption costing?
That first conedy is very funny😂😂😂
Where did you get that comedy? From father !
Sorry i just comment for a fun
Hello Sir. How to enrol for Acca classes with you seperatly?
Pls email me