Best accounting teacher ever! 👍🏼👏🏼

@AccountingLectures

3 жыл бұрын

You are welcome. Check my website for more: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com

@antonmursid3505

Жыл бұрын

Antonmursid🙏🙏🙏🙏🙏✌🇸🇬🇸🇬🇸🇬🇸🇬🇸🇬👌🙏✌💝✌

You saved my exam grade.

@AccountingLectures

5 жыл бұрын

You are welcome. Please subscribe and share the channel on social media. Please connect with me: Instagram: instagram.com/farhatlectures/ LinkedIn: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures

Thank you, I have learned so much from your videos. I learn more from watching and listening than from my accounting professor that does not fully explain the topics as you do. You are a life saver thanks again, and God bless you.

@AccountingLectures

2 жыл бұрын

You're very welcome! Please connect with me: linktr.ee/farhatlectures

Professor Farhat is a lifesaver Thank you Professor

@AccountingLectures

4 жыл бұрын

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.pathwright.com/library/ Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures Email: Mansour.farhat@gmail.com

reis çok iyi anlatıyor

Thank you so much for this. Best explanation

@AccountingLectures

2 жыл бұрын

Glad it was helpful! Please connect with me: linktr.ee/farhatlectures

Thank you so much, i learned a lot 😊 already subscribed your channel you really deserve it. Ty professor 😊

@AccountingLectures

4 жыл бұрын

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com

Thank you so much professor farhat . As you said process costing is applied for homogeneous products such as milk , if there is a firm manufactures milk and has different kinds of milk such as low fat and full fat is that job order costing or process costing??

@AccountingLectures

4 жыл бұрын

You could have more than one product for process costing as long as the the product you are producing is homogeneous (fat free milt).

Thank you so much for this video. It was very helpful. Are the slides available to print?

@AccountingLectures

6 жыл бұрын

Hi Vaheh, you are welcome. Please share with your friends, like my Facebook page and connect with me on LinkedIn to stay updated: Facebook: facebook.com/accountinglectures/ LinkedIn: www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-2453423a/ Website: www.farhatlectures.com

hi. I tried to download all files by but couldn't despite I can download similar video i other pages. Really downlad one by one needs several time. Who can guide me how can downlad all file once .Best Thank

Professor, I would like to ask, why is the WIP 12-02 has got (11) as journal entry for applied overhead? isn't it (7)? Thanks in advance sir. (Reference minute 19:32)

Professor, I'd like to ask again about : 1. the Ending Balance of (Reference Minute 22:48): - WIP Inventory , shouldn't it $208,500 or negative $17,000 (because ($41,000 +$129,000 + $98,000)- ($77,000+$208,000 aka finished goods) = -$17,500) - Finished Goods Inventory = $77,000 + $208,500 = $285,500 - Cost of Goods Sold = $77,000 + $208,500 = $285,500 Isn't the ending balance should be like I stated? 2. Cost of Goods Sold 12-01 and Finished Goods 12-01 should be $208,500 ? (Reference minute 22:24) Thanks in advance sir.

@yousufhabib3199

4 жыл бұрын

- I think the professor's calculation was right, Regarding your calculation for WIP inventory , you should also add Applied OH Costs( $49,000) so, ($41,000 +$129,000 + $98,000+$49,000)- ($77,000+$208,500)= $ 31,500 -Regrding COGS calculation you should also calculate what became out od finished goods ( $ 77,000+$27,000= $104,000)

For anybody watching, the reason why Job 12-02 was sold at 21:43 even though the accumulated costs had not reached Finished Goods Inventory yet was because it already had a beginning Finished Goods Inventory balance of $27,000 on January 1 at 11:09. Job 12-01 was never sold, so that is the remaining balance of $208,500 on January 31. Job 12-02 should not have been corrected at 21:30.

@AccountingLectures

5 жыл бұрын

You are welcome. Please subscribe and share the channel on social media. Please connect with me: Instagram: instagram.com/farhatlectures/ LinkedIn: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures

@mickolagundino8403

4 жыл бұрын

I didn't understand that part either

@10monicamaharani20

4 жыл бұрын

Thx chris for the information, but why there is still WIP 12-02? like in 11:27