Accg200 Final Exam! (1 Viewer)

[Squarehead]

HELP! I need exam tips for accg200. My exam is in two days and i'm freaking out. I am not at all prepared and really like some helpful hints asap.

Thanks in advance!

 

[Kabeio]

My exam last semester was piss easy..and i was considering dropping out of the course and doing it again next semeser cause i was finding it soo hard during the semester..so probs wont be too hard.. know ur variances as they normally ask a few marks on that. Basically just go over the last lec.

 

[Luke!]

Study variance and budgeted costing. Also study process and job costing. That's about all I can remember from the exam, sorry.

Luke.

 

[Squarehead]

Thanks guys. Your comments are much appreciated. I've just spent hours going over the T-accounts and the schedule for COGS (still rusty on them) Is that at all important?

What about CPV and ABC? were there any questions on those?

...Somebody kill me now! lol

 

[clairegirl]

heyyy

my friend did it the semester before and she said it was really easy.. not tricky or anything ... and that questions didn't really go beyond the difficulty of the lectures not like in the tute.. arrgh tute homework was enough to make you scream

Anyway goodluck with it hun..I'm doing it to tommorow morning fuk fuk...

 

[Squarehead]

Thanks claire, or anne. That's reassuring. See you tomorrow morning! lol. Goodluck with all your exams. All the best!

 

[Skittled]

Good luck dude.. I'm in the same boat, tomorrow morning. though I found the tute questions fairly easy (but took for frigging EVER, so maybe that's a tradeoff).

 

[clairegirl]

i envy u skittled

the tute questions for me wereeee horrible x 50000000000

 

[clairegirl]

Thanks claire, or anne. That's reassuring. See you tomorrow morning! lol. Goodluck with all your exams. All the best!

wow u know my name? i'll see u tommorow? does that mean i know you?!

 

[Squarehead]

No i don't know you. "the name's anne" you said...so i assumed your name is anne. As for see you tomorrow, i was just being silly. You said you're doing the test tomorrow too, so i figured

 

[Squarehead]

No i don't know you. "the name's anne" you said...so i assumed your name is anne. As for see you tomorrow, i was just being silly. You said you're doing the test tomorrow too, so i figured

 

[clairegirl]

how do u calculate the variable overhead rate?

variable overhead/level of production?

budgeted fixed overhead/ driver

??

 

[Luke!]

I think it should be...

Total Variable Overhead Cost/Level of Production
Or...
Total Variable Overhead Cost/Overhead Cost Driver


Fixed costs won't matter;— they don't *vary* with the level of production, so they aren't a *variable* cost, and thus shouldn't be included in the variable overhead rate.

Best of luck for the exam, Anne.

Luke.

 

[clairegirl]

hey how'de everyone find it?

 

[Squarehead]

it was all a blur. how did you do?