Its not the first time im watching your videos, and so far they are THE BEST ones on youtube. Your way of simple explonation helps to understand topic for 100%. Im not native english speaker, but im getting the whole idea straight away. Huge thanks for your job. Greetings from Latvia, much love :)
Can't imagine I spent almost 1 hour to understand what is ABC and Traditional Costing differences with such interesting example. BUT IT WAS SO AMAZINGLY USEFUL! Thank you, your explanations were very-very accurate and understandable, even if sometimes you were too accurate. Keep going, I still have lots of themes to understand in Management Accounting!
Great work. This is the problem with traditional teachers, they explaine simple concepts in a very complicated way. Great that you explaine simple things simple.
I looked at your video before I read my expensive textbook. I am anxious to read the chapter now and see if it makes any sense. I am so thankful for you and the way you do not assume anything. Thank you for taking the time to compare the traditional way to the ABC way.
I'm having mid-term of this course tomorrow..... And after going through this tutorial..... I can finish your complicated exercise own my own . Great !!!!!!!!!!!!!!!
😉I really enjoyed this tutorial I love your voice as well its clear simple and direct , I`ve just subscribed hopefully next month ill pay for the student`s course ...you`re great at what you do thumbs up from me ...like i hate management accounting most of the time textbooks don't explain clearly but after this video I'm a bit more confident😀
Thank you so much for this tutorial, i'm an Accounts student at university, I was finding this topic very challenging in lectures. Your video is definately saving me time for sleep as i was struggling to get just 4 hours of sleep. Once again thank you. By the way, you got the most calming voice ever!
Even my professor can't explain this simple process and he made it more complicated -___- I was so frustrated!! I have exam next month and this helps me big time! (You also helped me last semester with finance topic). God bless you, thank you so much. Many happy returns in your life T___T
Hi, your explanation is much clear than the book! Now my confidence is slightly boosted...wish I could pass the CPA exam on April 23rd...Thank you so much! Wondering if you have any video related to IRR, ROI, NPV, Residual Income and WACC? Thanks again!
I feel sick to my stumach because I didn't hear of you earlier. I took this test at school like 8 times and never passed! You make everything so easy to understand even though English isn't my first language.
Hi, to workout the Prime costs do you have to apply the same process as splitting the maintenance costs or would the prime costs likely to be already given to add to the total costs?
Thank you MBAbullshit. I must say this is way better than my lecturer attempts to explain to us. I am glad to live in a time where you ppl make life easy for students. I wish you all the best and success in life cuz without u ppl, I wouldn't have passed this subject. I am emotionally grateful to you guys. Lots of love from Yemen
Hi, your videos are very helpful. I am a business student and I have a test coming up very soon in cost accounting. I am studying like crazy over my spring break and your videos are getting me through it so far. I would appreciate the solution to your last problem please. I may be able to solve it.
I have got a feeling that in your last part of determining the full product cost for pricing, you did not talk about common fixed costs that do not directly link to the cost drivers, e.g fixed factory rentals that support all products. How are these allocated to product cost FOR SELLING DETERMINATION?.
In the example you give an expectation of sales profits. The sales adds another instance of overhead which wasn't calculated in your formula, unless the phone is sold the instant it is made, cash in hand. I get the need for simple assumptions, but it could have been mentioned that profits are not (Mfg Ovhd + DL + DM (also known as total manufacturing costs)) subtracted from the total sales price. Indirect labour, indirect materials and indirect overhead costs would reduce the overall profit.
I need more practise i am freeking out with exam questions.i understand how it works once i see the solutions but how to start or where to start is big problem for me..please help
How can I check the answer of the extra question posted at the end about ABC company with the 3 different types of laptop models ? I already came up the answer
Hi Man you r genious.Thank you so much wish my lecturer could explain like you..u r hero.could i get to practise exam like question through your video and compare the answer to find out my understanding? please
Its not the first time im watching your videos, and so far they are THE BEST ones on youtube. Your way of simple explonation helps to understand topic for 100%. Im not native english speaker, but im getting the whole idea straight away. Huge thanks for your job. Greetings from Latvia, much love :)
riseupformymind wow, thanks; and hope it's not too cold over there in Latvia!
Can't imagine I spent almost 1 hour to understand what is ABC and Traditional Costing differences with such interesting example. BUT IT WAS SO AMAZINGLY USEFUL! Thank you, your explanations were very-very accurate and understandable, even if sometimes you were too accurate. Keep going, I still have lots of themes to understand in Management Accounting!
glad you found it AMAZINGLY useful!
Great work. This is the problem with traditional teachers, they explaine simple concepts in a very complicated way. Great that you explaine simple things simple.
I looked at your video before I read my expensive textbook. I am anxious to read the chapter now and see if it makes any sense. I am so thankful for you and the way you do not assume anything. Thank you for taking the time to compare the traditional way to the ABC way.
Thanks so much sir - from a lecturer all the way from Thailand .. this helps me to get back to the basic ....
I'm having mid-term of this course tomorrow..... And after going through this tutorial..... I can finish your complicated exercise own my own . Great !!!!!!!!!!!!!!!
I'm here to help the difficult learners like myself in the past man...
😉I really enjoyed this tutorial I love your voice as well its clear simple and direct , I`ve just subscribed hopefully next month ill pay for the student`s course ...you`re great at what you do thumbs up from me ...like i hate management accounting most of the time textbooks don't explain clearly but after this video I'm a bit more confident😀
Thank you so much for this tutorial, i'm an Accounts student at university, I was finding this topic very challenging in lectures. Your video is definately saving me time for sleep as i was struggling to get just 4 hours of sleep.
Once again thank you. By the way, you got the most calming voice ever!
+Benin Miss B glad you can sleep now!
You are such an awesome teacher
I appreciate the slow speed of teaching and the emphasis with repetition
Thank you
Good explanation of ABC. I played at double speed and was able to track everything that was being said. Thank you for the content.
Great to hear!
you're better than my lecturer certainly, I understand clearly after watch this and as you say, i realize abc is not difficult
Glad you understand clearly!
Great explaining and teaching method. Good for the average person to understand.
Such a great help. Keep doing it.
+Esperanza Olivos coz I'm average too
Even my professor can't explain this simple process and he made it more complicated
-___- I was so frustrated!! I have exam next month and this helps me big time! (You also helped me last semester with finance topic). God bless you, thank you so much. Many happy returns in your life T___T
I'm totally gonna tell our professor at uni about your channel. thanks for the tutorial, it helped out a lot!
You made it simple and easier for me to understand. Hats off my friend.
hats off to you too mohammed awadhi !
Appreciate so much for this video.. Im a colleger and i got one task to learn this... And idk where to start... Appreciate you guys..thank you
Good luck in college!
It's best, Thank you for your lecturer. it help more to understand a lot about traditional & ABC methods
Glad you understand!
Thank you so much for making this video. It was truly much much easier to understand this ABC concept from your videos.
dykoubiz glad you find it much easier!
Wow this is trully amazing
the way you broke it down!!
Will now camp on this website to pass my CTA
Good luck in your CTA!
This is great and I am beginning to enjoy costing. Thanks for sharing your knowledge
God bless u
Eugenia Addo God bless u too!
great vids, God bless you and keep helping those in need...like me..👏👍
@mysterious: good to know it helps you a lot!
The explanation of ABC by MBABULSHIT.COM is excellent. Congrat sir, you are my best ABC lecturer
Glad you found it excellent!
i have to say thank you for your effort, it really helped me understand the basics.
my pleasure to share my efforts
Hi, your explanation is much clear than the book! Now my confidence is slightly boosted...wish I could pass the CPA exam on April 23rd...Thank you so much! Wondering if you have any video related to IRR, ROI, NPV, Residual Income and WACC? Thanks again!
Sure, just click on my username and on my channel you'll see some of those topics, or go to my website for even more complete list
It is very much helpful h video. Thanks lot very much for your nice explanation.
I feel sick to my stumach because I didn't hear of you earlier. I took this test at school like 8 times and never passed! You make everything so easy to understand even though English isn't my first language.
yp183 wow, I hope it's not too late to try again... best of luck!
Wow, great to have a viewer from Sri Lanka~!
I'm doing MBA now and this helps me a lot. :)
Super... Really nice explanation. i confused what is the different and traditional. but u say simply.. thank you so much. i am janagan from Sri lanka.
Thanks for your appreciation, Olubunmi!
WOW.BEST EVER VIDEO.IT WAS VERY MUCH USEFUL FOR MY EXAMINATION.THANK YOU
Hi, to workout the Prime costs do you have to apply the same process as splitting the maintenance costs or would the prime costs likely to be already given to add to the total costs?
I am preparing for F5 Acca exam and this is a sub-topic, welldone
okeke ije good luck in your Acca exam!
This guy is amazing thank you so much for the breakdown I have now subscribed 😀
Thanks for the sub!
Thank you! I finally get it! can you do one on relevant and irrelevant costs?
Thank you very much. I like your style in explaining ABC.
+Azar Aftimos glad you like my style!
A perfect video ! Finally a good example and very clear, thank you so much !
Glad it was helpful!
Thank you MBAbullshit. I must say this is way better than my lecturer attempts to explain to us. I am glad to live in a time where you ppl make life easy for students. I wish you all the best and success in life cuz without u ppl, I wouldn't have passed this subject. I am emotionally grateful to you guys. Lots of love from Yemen
Adam Nahari glad to make life easier, regards to you guys in Yemen
Thank, this video has helped me a lot. i was really struggling to understand ABC.
+tshimangadzo khwashaba hope you're no longer struggling as much!
Is this apply for F&B companies who they product in example two different types of food (pasta and icecream)?
very easy to understand thanks for breaking it down and extra info as well
Great video for ABC. Thanks for your lecture! I really appreciate it. MBAbullshit rocks 👍🏽👍🏽
Muhamad Firdaus Azizan A rockn' thanks to you!
Hi, your videos are very helpful. I am a business student and I have a test coming up very soon in cost accounting. I am studying like crazy over my spring break and your videos are getting me through it so far. I would appreciate the solution to your last problem please. I may be able to solve it.
Thank you so much I think I am starting to get the knack of ABC :DDD!!!
You got this!
Glad you understand it better now!
its super fun to learn like dis................thanks a ton
sayali naik glad you're having fun!
great! good luck in your midterm!
god bless you dude! namaste from india
Thank you! Very useful and clearly explained.
Glad you find it useful!
Is the big white box contains all kinds of overhead cost called cost pool in accounting term?
Thank you for spending your time with us !
Hello,
Have you made any videos on throughput accounting or theory of constraints? anyone have any suggestions?
I have got a feeling that in your last part of determining the full product cost for pricing, you did not talk about common fixed costs that do not directly link to the cost drivers, e.g fixed factory rentals that support all products. How are these allocated to product cost FOR SELLING DETERMINATION?.
that tutorial was put together really well
Thank you so much for the lecture, I really like it!
In the example you give an expectation of sales profits. The sales adds another instance of overhead which wasn't calculated in your formula, unless the phone is sold the instant it is made, cash in hand. I get the need for simple assumptions, but it could have been mentioned that profits are not (Mfg Ovhd + DL + DM (also known as total manufacturing costs)) subtracted from the total sales price. Indirect labour, indirect materials and indirect overhead costs would reduce the overall profit.
Thanks from Vlerick Business School, Belgium :)
Supremepremium Wow, I'm glad to have a viewer all the way in Belgium!
Very good basic example to start with.
Lovite Jonah thanks!
Your doing a great job !!!
Thank you!
I understand it a lot better know, Thanks a lot! Greetings from Holland
Emmanuel Frank Hope all is well with you in Holland
@iqbal86 Great to hear that! Haven't done any lessons on relevant/irrelevant costs though. good luck anyhow!
I love the content and the name! You are awesome!
Thanks for appreciating the content!
thanks for the video. it really helped. i have my exam in two weeks
Wow melisa phillips good luck in your upcoming exam!
thank you
it is nice to explain things simple but you do it in a way you feel more than dump..
I need more practise i am freeking out with exam questions.i understand how it works once i see the solutions but how to start or where to start is big problem for me..please help
it is very helpful video from india
Glad it was helpful!
You are so underrated!
Thank you so helpful. Have SMA exam tomorrow
anthony nial hope it helped in your exam!
Great! Welldone sir.
Please tell me you know engineering too, because you're really good at explaining 1/3 of my business part of the course in 50 min great work
+Adrian Ciszewski nope, sorry!
Great! you made it so simple!!
Kunal Mangal Thanks! glad you find it simple!!
This is fantastic! Thanks so much!
Veronica Gacharch a fantastic thanks to you!
How can I check the answer of the extra question posted at the end about ABC company with the 3 different types of laptop models ? I already came up the answer
Hi Valerie, you can see it here: th-cam.com/video/l6WcvfkkKaE/w-d-xo.html
I have problem to list out the overhead cost with the cost driver...example, what shall we put as the cost driver for electricity?
Kilowatt consumed or machine hour
Thanks so much for the video. it is so helpful.
+Edward Arthur welcome so much, and thanks too!
thank you so much, this clip is very useful for me
glad it's useful!
pay attention 30:24 :D
thank you so much for teaching well!
You're welcome isyavuzsoy43 !
Brilliant video god bless you
Hi Man you r genious.Thank you so much wish my lecturer could explain like you..u r hero.could i get to practise exam like question through your video and compare the answer to find out my understanding? please
wow the best explanation
Wow thanks
@Alex thanks!
Thanks Faruque!
actually learned something, thanks man :)
glad you learned something!
God bless you too brother!
what happens out side?
it is very helpful !
thank you so much !
Thanks so much !!! very useful videos. Helped me to understand acct :)
Well explained. Thanks a lot :-)
Welcome :-)
Thank you so much :) I can understand it quickly :)
+Delta Kenda Yordani glad you understood it quickly!
you're the best! thnx alot!
+shaghayegh gh welcome!
God bless you! I totally understood now... =)
Thurga Manimaran glad you totally understand now!
great video!!
great thanks!!
god bless you brother! thumbs up
Dude you just saved my ass, thanks mate 🥂🙏
Glad you still have it and it wasn't blown off!
This was so useful thank youuuh
Welcome!
Thanks a lot❤️
Welcome!
thank you so much, hero!
Calum Watson I'm honored to be your 'hero'!
Thanks !!!! 💛
Welcome!