MARGINAL AND ABSORPTION COSTING (PART 1) 

Here 2024, and still thank God for your lectures. Everything becomes easy. Thank you

Let's solve one question on marginal and absorption costing Sir..I am your keen student and always following. God bless you for your good works.

Whenever I see your videos on topics that I find difficult understanding, I just thank God immediately. Thank you Sir for helping out in my accounting journey

You are infact the best teacher anyone can ask for

The best ever Accounting Teacher 👨🏾‍🏫 You’re a Blessing 🤜🏾🤛🏾

That's fantastic. I always love to watch your videos. You're truly a teacher and i love the way you teach the topics.Keep it up my brother. Teaching is your blood for you are a born teacher. God bless you and thank you very much.

God bless you bro... Imagine looking for a solution to a problem and one found this.

I have passed this paper because of you.thank u so much

You are the best lecturer ever, you've made my academic journey simple. God bless you

It has just come when I needed it most, thank you sir.

Thanks FOG, we look forward to the part 2. God bless you real good

You are such an amazing teacher… Continue the good work as you’re really helping students like me

Finally, we have it. I remember asking FOG about helping me with a video tutorials. Thanks alot

It is great that you decided to simplify our task of reading by giving us these many tutorials on the various accounting topics. you are grooming future accountants for sure.

You have clearly opined my eyes to accounting. Thanks

Your helping alot of students out here🙌

Thank you sir for your amazing videos.. Could you also do a video on learning curve?.

Thanks sir,,,,infact this is what ave been waiting for ... thanks once again....Mike from Kenya.

Please do a tutorial on process costing with WIP. Thanks

Profound lecture and teaching skills. Weldone sir.

Thanks boss May Allah continue to increase your knowledge .... Ameen

God bless you with more knowledge sir. Thank you so much for making this so simple. You are kind

Sir please can you make a video on ABC Costing and Traditional Costing

Thank you so much this video really brought clarity for me on the two concepts I love it

Good bless you sir,your videos have really been helpful....please do a part 3 on marginal and absorption costing please sir

Great tutorials looking forward to part 2. Thank u.

Greatful for ur lectures dear

Thank you sir God bless you. Your teachings is good

Great one

Thank you so much 🙏🏿may God bless you sir

Very useful and thanks alot Sir

Thank you so much sir. Please do Branches under financial accounting.

can you please help me out with this question Dabwiso Limited uses a standard costing system. The standard cost per unit of Product D is as follows: K Direct material 2 500 Direct labour 1 200 Production overheads: Variable 600 Fixed 500 Standard production cost 4 800 Standard selling price 7 500 The standard fixed production overhead absorption rate was based on a budgeted activity of 10,000 units. During Period 4, Production was 10,000 units as planned but sales were only 8,000 units. There was a total fixed production overhead variance of K500 000 adverse. All units were sold at K7,500 each. There were no opening inventory at the beginning of the period. Other costs incurred during the period were in relation to selling and distribution, and administration. These were as follows: Variable Fixed Selling and distribution 20% of sales K3 000 000 Administration - K5 000 000 Required: (a) Prepare operating Profit statement for Period 4 using: (i) Absorption costing (ii) Marginal (b) Prepare a reconciliation of the difference between the Profit/Loss under absorption costing and under marginal costing and explain the reason for the difference.

thaaaanks. amazing video.

Thank you so much for this lecturer sir.....I really appreciate

I like the practical approach here with FOG

THANK YOU VERY MUCH. I BENEFITED IMMENSELY FROM THIS LECTURE

Mr FOG you motivate me Sir. I now understand wow.

Appreciated Sir.

Thank you sir for all your teaching I will come back to testify. But I need teaching on the Overheard absorption rate. I can't seem to understand what other tutors are teaching.

God bless you sir 🙏,now I understand better

best teacher. i love your lesson

You're the best 👌 You give it all for us may Allah bless 🙌 you

Thank you Sir for the good explanation.

Thanks so much sir for the teaching. Well understood

Pliz send part 2 sir. Thank you 😊

Brilliant.

Thank you Sir. When will the second video be uploaded?

Your lessons have really helped me

Thank you

Good day sir, please could you do a video on the topic * Job, batch and process costing.... Service costing*

Sir, we'll taught. All my doubts are gone. Thank you so much. Really appreciate your teaching. Everyone, this video is worth watching.

Thank you sir, please teach us about Lease Accounting (IFRS 16).

Great 😊

May the Lord bless you for your hard work❤

omg i'm in love with your explanation!!!

Thank you Sir i dont know how to thank you

God bless you for what you are doing

U have to get best teacher award ooo

Thank you boss

Well explained.. Good job

Thank you so much sir This video was so helpful 😊

You are a life saver

Thank you very much sir

Thank you very much sir, I really appreciate Please sir, but in a place where we discovered Gross loss in absorption costing are we still going to add over absorption rate or less it?

Thanks so much sir,,,,part 2 please

Pls do you have a video on cos Account (interlocking,integrated etc)

God bless you sir, more strength in jesus name amen

Honestly you teach so well 🔥🔥 I have exams next week and your videos are so helpful. I was requesting if you could do the video on annuities 🥹🙏🏽

Please upload the second part Thanks and God bless you

Sir please I need more videos on performance management 😔. I've gotten so comfortable with your videos and looking elsewhere isn't funny at all😔.

The best ❤

Thank you so much sir Pls can you post on process costing? How to get normal, abnormal lost and gain is a problem for me. Thank you

Not all heroes wear capes. Hands down best teacher ever

This is clear but now how do you treat Over and Under Absorption in this profit statement.

I just found my new teacher

Thank you so much for this

Well understood sir, I'm requesting for contract costing subtopic

I've have a question What if question require came with sales 1,000 unit@10 per unit. How i mine going to start?

Please sir if in question you have fixed selling overhead how will you treat it under two methods

How to calculate for the closing stock when one figure is given as for production and sales

Sir please how do when we have under and over absorption.

Do you have a video on job costing sir?

Thank you sir be blessed

Thank you sir. Can you do stock valuation

Thank you very much. 🙏

Some highlights on budgeting and budgetary control

Please do more costing topics…..

I need Explanation on production budget please

How will you calculate for closing stock when it is not given

How is commission on sales treated under marginal costing?

Thanks

Thank you sir 🎉😊

🙏🙏

Thanks Sir,

Thank yuo

Thanks you so much

Can direct wages be fixed and variable?

Thanks Boss!

Any video for cash flow and annuity