Variable and Absorption Costing - Lesson 1

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  • เผยแพร่เมื่อ 11 ธ.ค. 2024

ความคิดเห็น • 36

  • @izrashalmiyev9722
    @izrashalmiyev9722 6 ปีที่แล้ว +3

    Thank you for clearing that up. I have been using Becker and was super confused on this topic and now it seems very clear! I think the way you visually present and explain the concepts on the whiteboard really helps (especially for us visual learners). Thanks for posting these videos.

  • @CamiloSanchez1979
    @CamiloSanchez1979 3 ปีที่แล้ว +2

    I have been struggling with these two concepts in my book. Thank you. This clarifies a lot

  • @nonjabulomhlanga4849
    @nonjabulomhlanga4849 4 ปีที่แล้ว

    The explorations are on point. If only we all had lectures who explained like he did.

  • @ponty8554
    @ponty8554 5 ปีที่แล้ว +3

    This man is best when it come to lecturing... I used to his videos when studying Auditing😍😍😍 he knows his job

    • @UWorldAccounting
      @UWorldAccounting  5 ปีที่แล้ว

      Excellent! How is your CPA journey going? Which parts have you passed so far?

    • @ponty8554
      @ponty8554 5 ปีที่แล้ว +1

      Im doing AAT, so far I have passed all my modules except credit control and Management Accounting: Decision and Control
      I will really like you to help🙏

  • @r.9447
    @r.9447 6 ปีที่แล้ว +21

    I have never known anyone who explain the concept of management accounting better that this man. How can we get him to explain all concepts? lol

    • @UWorldAccounting
      @UWorldAccounting  6 ปีที่แล้ว +2

      Thanks for the kind words! Yes, he'll explain all the concepts to you if you enroll and become a Roger CPA Review student! :)

  • @Seaspray127
    @Seaspray127 6 ปีที่แล้ว +1

    I am taking an accounting course, and this is well explained. I will return to this channel as I proceed in the course.

    • @UWorldAccounting
      @UWorldAccounting  6 ปีที่แล้ว

      Great to hear! Glad we could help you understand accounting topics more clearly! :)

  • @sakiburrahman2092
    @sakiburrahman2092 4 ปีที่แล้ว

    you explained very nicely.tnx, I,m from Bangladesh

  • @fpcstnjjk
    @fpcstnjjk 8 ปีที่แล้ว +3

    I admire your passion :D Great explanation

    • @UWorldAccounting
      @UWorldAccounting  8 ปีที่แล้ว

      Thanks Claire! Glad we could help you understand these concepts better!

  • @infohub7643
    @infohub7643 7 ปีที่แล้ว +1

    understanding wel.. your way of teaching is superb,

  • @foodstories4597
    @foodstories4597 3 ปีที่แล้ว +1

    You are amazing 👏

  • @starsrhigh
    @starsrhigh 8 ปีที่แล้ว +2

    Amazing!!! thank you for the posts, they are very helpful.

    • @UWorldAccounting
      @UWorldAccounting  8 ปีที่แล้ว

      Thanks! We're glad we could help you out! #HelloCPA

  • @ZufashPlaytime
    @ZufashPlaytime 7 ปีที่แล้ว +4

    Appreciate that, Lovely Sir. Love from pakistan

    • @UWorldAccounting
      @UWorldAccounting  7 ปีที่แล้ว +1

      It's our pleasure! Thanks for watching!

  • @shannonhaereiti9349
    @shannonhaereiti9349 8 ปีที่แล้ว +1

    great video, so helpful thank you!

    • @UWorldAccounting
      @UWorldAccounting  8 ปีที่แล้ว

      Thanks Shannon! Glad we could be helpful in your studies!

  • @sharonkyomuhendo4497
    @sharonkyomuhendo4497 6 ปีที่แล้ว +2

    thank you so much

    • @UWorldAccounting
      @UWorldAccounting  6 ปีที่แล้ว

      Our pleasure, Sharon. Thanks for watching!

  • @amymcconnoran4482
    @amymcconnoran4482 7 ปีที่แล้ว +1

    how do you get break even level of sales

    • @UWorldAccounting
      @UWorldAccounting  7 ปีที่แล้ว +1

      Hi Amy! You can calculate the Break Even Point in Sales by performing the following steps:
      1) Determine the Contribution Margin: Total Revenue - Variable Expenses
      2) Take the result from #1 and divide it by Total Revenue: Contribution Margin/Total Revenue
      3) Take the result from #2 which is the Contribution Margin Ratio and perform the calculation: Fixed Costs/Contribution Margin Ratio
      These calculations will give you your Break Even Point in Sales Dollars. Thanks for the great question! Happy Studying! :)

  • @infohub7643
    @infohub7643 7 ปีที่แล้ว +1

    sir kindly tel me what is mixed cost?

    • @UWorldAccounting
      @UWorldAccounting  7 ปีที่แล้ว +2

      Mixed costs are costs that have a fixed and variable component. For example, the annual expense of operating a vehicle is a mixed cost. Expenses like insurance and lease payments are fixed as those are the same each month. However, other expenses are variable like fuel and vehicle maintenance, because those expenses change as the number of miles change. Hope this helps and thanks for watching! :)

  • @luznajera7796
    @luznajera7796 4 ปีที่แล้ว

    but what is absorption exactly?? Help me please!!!

  • @YogaYoBrain
    @YogaYoBrain 7 ปีที่แล้ว +1

    What is the SGA

    • @UWorldAccounting
      @UWorldAccounting  7 ปีที่แล้ว +5

      SGA stands for Selling, General & Administrative expenses. These are period costs. They include expenses like advertising and salaries for the administrative staff. Thanks for watching!

  • @emanfahmi84
    @emanfahmi84 4 ปีที่แล้ว

    Great , thank you !

  • @AshishSharma-tr7yl
    @AshishSharma-tr7yl 8 ปีที่แล้ว +1

    You were kinda swift sir. lesson was helpful though. Thank you.

    • @UWorldAccounting
      @UWorldAccounting  8 ปีที่แล้ว +1

      Thanks Ashish! Glad we could be helpful! #HelloCPA

    • @protaineudoxie
      @protaineudoxie 7 ปีที่แล้ว

      I agree. Thorough but fast.