My accounting class requires us to complete discussion posts. We're required to include KZread videos that helped us to better understand chapters we've struggled with. Your videos seem to continue to pop up within these discussions and have also helped me to gain knowledge about Accounting that I wasn't understanding with the resources given to me. Thanks!

great video! thank you

ty

Please if asked to compute the margin of safety for each unit, how do I solve it?

Autotune at 10:11 was crazy satisfying

@Tony-Bell

Жыл бұрын

🤣

@thomasandrews1872

4 ай бұрын

it does sounds like an auto tune edit! too funny... Looking forward to Tony's managerial accounting rock opera. @@Tony-Bell

Is multi departments to produce one product calculated the same for multi products ?

@Tony-Bell

Жыл бұрын

It really depends on the data - if Fixed costs are shared, then yes, but if they each have separate fixed costs, then you would calculate product costs separately.

What if it is a factory (such as a furniture factory) that sells hundreds of products, what is the best way to approach distribution of fixed costs? still total fixed / weighted average of contribution margin? thank you Tony!

@Tony-Bell

4 ай бұрын

I think that's how you'd do it - Total Fixed/ weighted avg cm - even with tons of products!

@thomasandrews1872

4 ай бұрын

I hope it is ok I emailed you my solution to a similar problem in my head..hoping I am thinking correctly! (determining the % price should be above variable cost per unit to break even for multiple products/costs) thank you@@Tony-Bell