AAT Q2022 Level 3 Management Accounting Techniques (MATS) - Task 1 - First Intuition

Join First Intuition for a revision class for AAT's Level 3 Management Accounting Techniques (MATS). The class was originally broadcast live to students in October 2022.
If you’ve enjoyed this session and would like to join the live sessions we are running the FREE AAT revision sessions for the new Q2022 level 2 - level 4!
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If you would like to book an AAT course with us you can find your nearest study centre here:
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Please note this video was recorded live so there are some features that may be mentioned in the video that are no longer available.
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Are you looking for exclusive tips, tricks and tuition for all elements of accounting? At First Intuition, we’re famed as being one of the best professional education providers, delivering a range of industry leading tuition courses to enable our students to succeed in their accountancy career.
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First Intuition began in 2007 with a single thought - to put the learner at the centre of everything. Since then we have won awards, opened a national network of study centres and now deliver to over 7,000 students per year.
What makes us unique is that we’re the leading providers of professional accountancy courses, delivering course options including:
• AAT
• ACCA
• CIMA
• ICAEW
• CMI
We believe that every learner is different, and one-size doesn’t always fit all. We are always happy to spend time with our learners to build a programme that fits in with their busy lifestyles.
With 18 study centres across the UK as well as online study options, we can create a blend of programmes tailored to your desired learning journey. What’s more, we provide comprehensive student support from from the moment you enrol to when you successfully pass your exams.
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[@Ibrahim-pe9ti]

Very useful, many thanks!

[@calmingarts2932]

Thank you for explaining the topics. This video was really helpful.

[@jenniferwilliams3863]

my exam is in 2 days, thank you. its helped so much!

[@ZulaikhahAfsar]

Hi, thank you for uploading this video. I will be doing my revision from tomorrow and will watch all the videos :) Hopefully they help x

[@Megan-e8c-h3u]

Hi, thanks this video has been really useful. Can anyone please explain with regards to question (c), why the overtime premium and bonus were included in the DIRECT labour cost per unit? I thought these would be indirect costs and therefore the answer would be £3,000 / 11,000 units = £0.2727. Thanks

[@ZulaikhahAfsar]

Thank you so much for this video. Its very thorough and has helped me a lot

[@inesdecarvalho1372]

1,500+625= 2,125 (Issues Total cost) NOT 2,575 therefore the cost per unit is 1.062 and the Balance total cost is 5,800 or am I wrong?

[@chloesmith8988]

I understood it should be £625 + £1950 as the cost which would total £2575. 500 and 1500 are the units (kg) not costs.

[@kidsplay4002]

Where can we access this study material that is in the video please?

[@firstintuition]

If you email [e-mail] and request MATS Revision Task 1 they will be able to provide you the the pre work