managerial accounting was kicking my butt! i have been stuck in this class for about 2 months now, kept seeing links to your videos from classmates who completed the class successfully and finally decided it couldn't get much worse than what i have been doing up to this point. i must say Mr, YOU ARE A GODSEND!!!!!! i couldn't retain COGS and COGM in 2 months, and i just grasped every single concept including the COGM schedule in under 7 minutes! i thank you so, you are a blessing! managerial accounting final doesn't stand a chance. only math i've ever experienced that didn't bore me half to death. You're a rock-star!!!!!
If products are custom made, you could have the same slide made with vastly different costs - a simple indoor slide vs a rugged outdoor slide vs a premium wood folding slide. A custom shop might have several cost objects to quickly price out the item, made to order. In that case, one project might have several cost objects.
You wrote your PDOH rate as only $4. Shouldn't you have written it as $4/LH or $4/hr so the units can cancel out? My physics professor taught me if you want to check if you have the right answer check your UNITs when cancelling them out.
you have taught me more than my managerial accounting prof ever has
😂
managerial accounting was kicking my butt! i have been stuck in this class for about 2 months now, kept seeing links to your videos from classmates who completed the class successfully and finally decided it couldn't get much worse than what i have been doing up to this point. i must say Mr, YOU ARE A GODSEND!!!!!! i couldn't retain COGS and COGM in 2 months, and i just grasped every single concept including the COGM schedule in under 7 minutes! i thank you so, you are a blessing! managerial accounting final doesn't stand a chance. only math i've ever experienced that didn't bore me half to death. You're a rock-star!!!!!
I really glad these videos have helped you. It's comments like these that keep me motivated to make more videos. Best of luck to you in your class!
instructors do not break it down properly is what i grew to learn.
If a video is 5 years old, it is always useful.
True, I love these videos. Helps me a lot.
You made me love accounting sir, it was such a boring subject and i hated this career, but you are slowly giving me purpose, thank you.
lol...wow...that boring!?
If products are custom made, you could have the same slide made with vastly different costs - a simple indoor slide vs a rugged outdoor slide vs a premium wood folding slide. A custom shop might have several cost objects to quickly price out the item, made to order. In that case, one project might have several cost objects.
Thank you for teaching me, I hope I can pay you back by watching all the ads :)
Very eloquent explanation
you are saving lives
We deeply appreciate your
+khaled saad Thank you!
some say he's still typing his next word to this day
These were his last words. 😔
I'm really a fan of these short tutorial vids keep it up!
Thank you so much for these videos! Definitely feel more confident going into my university exams! Cheers!
Better explained than four years of college.
Thankful for this ❤
You wrote your PDOH rate as only $4. Shouldn't you have written it as $4/LH or $4/hr so the units can cancel out? My physics professor taught me if you want to check if you have the right answer check your UNITs when cancelling them out.
That is good advice! I'll try to be more careful about tracking the units :)
thank you for simplifying it
Mr ... can you explan adjusted entry for general ledger and sub ledgers betweeen A.RAT& E.RATE
For instance if there is a firm manufactures milk and has different kinds of milk such as low fat and full cream is that process or job order costing?
Process costing since its homogeneous production
gr88 explanation thnk uuu sir
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