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Fixed Overhead Variances SIMPLIFED | For ACCA MA Students | Specimen exam question #22
Help, tips, and guidance to pass ACCA paper MA. Learn how to calculate and solve the Fixed Overhead Variances from ACCA MA, including expenditure, capacity, and efficiency. I'll share an easy-to-memorize template that will help you solve any Fixed Overhead Variance question, including expenditure, capacity, and efficiency variances. Use this system to help you pass your ACCA MA exam.
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Steve Willis ACCA
www.stevewillistraining.com
How to pass ACCA exams
Variance analysis help: how to calculate expenditure, capacity, and efficiency variances
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Find more about fixed overhead variances at Open Tuition: • ACCA F5, F2 - Variance...
Find many other helpful videos on James Wright ACCA / jameswrightacca
Пікірлер: 33
Honestly a life-saver.. you've made this so much more simple than my textbook! Thanks a bunch :)
@SteveWillisACCA
2 жыл бұрын
Glad it helped!
muchisimas Gracias mi cabecita de rodilla, De verdad me ayudaste
Thanks for that. Could I take OB like BqSp? I am fascinated with your way of explanation material. More teaches like you are needed in ACCA world. My respect.
@SteveWillisACCA
3 жыл бұрын
Interesting idea! I prefer keep that as 'original budget' as there is no real link to quantity and if your doing marginal costing, you will just plug that figure in anyway. Thank you for the kind words! good luck on your exam :)
Thanks a lot Steve!
@SteveWillisACCA
2 жыл бұрын
Very welcome!
Excellent!! Thank you!!!!!!
@SteveWillisACCA
2 жыл бұрын
Hi there--glad it helped :)
Like this straight forward explanation.
@SteveWillisACCA
Жыл бұрын
Glad you found it helpful :)
Thanks Sir im so grateful😆
@SteveWillisACCA
Жыл бұрын
Always welcome
thank u very much ...wish u good luck \in ur future enedeavours
@SteveWillisACCA
Жыл бұрын
Thank you!
Wrote a test today... well i only got my name correct for sure, the rest... i read the question over and over, tried to figure out which numbers go were...
brilliance thnks alot
@SteveWillisACCA
2 жыл бұрын
Most welcome :)
HI VERY HELPFUL
Nice!!
@SteveWillisACCA
8 ай бұрын
Thanks!
Sir, what if it asked us for fixed overhead volume variance? Not going to lie this is the most confusing part of the whole MA exam for me, I'm quite comfy with the entire syllabus apart from variances! They make me want to pull my hair out! But seeing this video has already made me feel 90% better haha Thanks!
@SteveWillisACCA
11 ай бұрын
I feel your pain! I didn't understand it either when I first had to learn it. Fixed overhead VOLUME is Origical Budget ---> SQSP. The far right, skipping over AQSP, to Original Budget.
Thank u
@SteveWillisACCA
11 ай бұрын
You're welcome :)
can i use this video for the referance for my acca eam of 2022-2023
@SteveWillisACCA
Жыл бұрын
Yes. Good luck!
@fidhamanaal33
Жыл бұрын
@@SteveWillisACCA thank you
@tawandasamson3978
11 ай бұрын
Yes😊
@_Peace_7_
9 ай бұрын
@@tawandasamson3978 are you clear ma
Why wouldn't we just use the form given on ACCA website: Actual exp - X Less: Budgeted exp - (X) Fixed overhead prod-n X so it will be: Actual exp: (125000/25000)*24000= 120,000 Budg exp: -125,000 Fixed overhead: 5,000 Fav Could you please take a look
@SteveWillisACCA
5 ай бұрын
You can do it that way, just harder to memorize in my opinion. In PM you'll need to know how to do about 15 variances--a system is better, IMHO.
@IK-do6gi
5 ай бұрын
Thank you for the response. The only question - with the method I used above I got the answer 5,000 Fav, but you got 5,000 Adverse - where is my mistake?@@SteveWillisACCA