Your work is better then any youtuber, you are better then my class teacher, keep uploading such topics Very grateful to know about about this channel
@Counttuts4 жыл бұрын
Thank you for the kind comment Yaseen :).
@georgephilip19662 жыл бұрын
@@Counttuts For over and under absorption, why didn't we consider the variable cost of r 35?
@boitumelobonginkosikunene35472 жыл бұрын
A whole semester struggle cleared in 32 minutes🤯...your videos always blow my mind...and still, I don't expect anything less everytime I come back for more💯👍. Thank you, you've really helped me.
@kijeannie43173 жыл бұрын
This really helped me understand marginal and absorption costing.... I had a mental block for years until now. Wonderfully explained .... such clarity.
@karabobusang1942 Жыл бұрын
You are Simply Amazing, you are literally my Lecturer for Management Accounting hey 🤞🏽❤️❤️. Please continue doing such amazing work 🙏🏻
@ambrosemutai54632 жыл бұрын
This is one of the best explanations for costing and has helped me understand absorption and marginal costing so well
@marcleven84774 жыл бұрын
very well explained you are doing a better job than my uni lecturers thanks a lot keep up the good work!
@maryamadekunle67322 ай бұрын
This is amazing I am a tutor and I can say I understand it way better. Thank you for breaking this in the best possible way.
@katrinaaliviza4574 жыл бұрын
I had a really hard time understanding this concept. I've watched a lot of videos read a lot and still nothing. But earlier today my friend shared this link. I'm so excited I can answer a question blindfolded 😂. Thank you so much for amaizing work sir.
@Counttuts4 жыл бұрын
Hello Katrina, glad that it helped. Thanks for the kind feedback.
@muigaisarah53424 жыл бұрын
u've saved lots of students , thanks a lot
@Counttuts4 жыл бұрын
You are welcome. Thank you for the kind feedback.
@ajithkumarrj8545 Жыл бұрын
After searching lots of classes Finally I found ur channel for this topic . Amazing explain all the concepts.tq soo much sir ❤️
@tatisammy91694 жыл бұрын
How did you teach me 2 2hr classes in 32 mins thank you
@daia84044 жыл бұрын
Thank you so much!!! I understand this more than I ever did in college
@boitumelomokotong48612 жыл бұрын
This was very informative. I enjoyed it and it has helped me tremendously👏🔥. God bless you.
@tonykiprop58023 жыл бұрын
Thank you Counttuts for the explainer videos. You really help us to be more efficient instead of searching all over for such good content. You are making a difference, Appreciated!
@RsWePVM4 жыл бұрын
Thank you sir, crisp and clear. Much better than how my teacher in college is doing.
@Counttuts4 жыл бұрын
Thank you for the kind feedback.
@aphiwembande866111 ай бұрын
Haven't even watched this but I've already liked cause I know I know it will be fire
@jiyaa846210 ай бұрын
Thank you so much, you're literally a life saver, having my finals tmrw, this really helped!
@darkknight65742 жыл бұрын
Can't believe how much helpful this video is. Thank-you so much!
@mariaindilileinge87612 жыл бұрын
I really had a block mind on this but cleared , thank you very much sir keep uploading such topics.
@esaubanda4 жыл бұрын
Immensely elated! This is incredible! I appreciate. You deserve my utmost attention. Keep it up. More blessings on you, great work, awesome!! Thanks
@walterbigblue3 жыл бұрын
You stated that over absorption of overheads is deducted from the P&L and under absorption is added to the P&L. My understanding is that it should be the other way around. Under absorption of overheads are deducted from the P&L while over absorptions are added thus increasing gross profit.
@Counttuts3 жыл бұрын
That would be incorrect actually. Follow our explanation in the lesson again to understand.
@shantelhalley69762 жыл бұрын
Always dislike this topic but u made it simple... great job
@luckyboyprins8456 Жыл бұрын
lectures give us hard times of learning , i thank god i found you sir 🎉🎊
@barbaraedith41114 жыл бұрын
You are such a wonderful Teacher/tutor. You are a star. I understand a lot from your video better than reading any book. Excellent. Do you have any other accounting videos? please upload more.
@Counttuts4 жыл бұрын
Thank you Barbara, you can visit our channel for all accounting videos, and more to come.
@sharnyn73223 жыл бұрын
I cannot thank you enough for this video!!!
@MrsObiako Жыл бұрын
Thank you Sir... I have truly understood this, especially how to treat over/under absorption cost...
@lisanaindjala22783 жыл бұрын
Thank you so much sir for teaching me this😭I’m truly grateful and you are a great lecturer!
@chiposvubure71504 жыл бұрын
Thank you so much 🤝 Your are a good lecturer
@chiposvubure71504 жыл бұрын
I am looking for more videos for MAC2601 i can't find them 😢
@charitytheko81163 жыл бұрын
Wow... everything makes sense now..Thank you counttut 😁
@ShaggyGriff962 жыл бұрын
thank you for taking the time to do this, my understanding is now much clearer :)
@smartmgbachi91734 жыл бұрын
if i dont comment i must be selfish. thank you so much for breaking down this topic. God bless you
@Counttuts4 жыл бұрын
Thank you :) Blessings
@hasvinvictor71463 жыл бұрын
Best video to watch on absorption and marginal costing!!! Thank you so much @counttuts
@davidgarvin22814 жыл бұрын
Thank you for explaining this topic thoroughly, you have been very helpful.
@wilkajohannes10033 жыл бұрын
You are a life saver sir. Please continue doing this.
@ThomasSheriff21Chindende8 ай бұрын
the best ever explanations
@sophielalalification2 жыл бұрын
Simple, clear and straight to the point! Thank you!
@deepakkrishnakb4 жыл бұрын
Simple and nice explanation,thanks alot
@straightouttamatrix3 жыл бұрын
This was more than i was looking for and in a best way possible. Really appreciate the effort SIR. Thanks alot🙏🏻
@becomingCA-SA2 жыл бұрын
you definitely got a subscriber by the wat you explained this 💯
@ryan43144 жыл бұрын
u saved my life thank you
@katienelson81633 ай бұрын
thank you so much! this really helped me
@JanetMong3 ай бұрын
Thankyou so much! Well explained
@alexwhelan9812 жыл бұрын
Thank you very much. Very informative and helped me prepare for an interview. Keep up the good work!
@tiff88317 ай бұрын
This was very helpful. Thanks sir
@ronaharnischleinitz63354 жыл бұрын
Thanks alot, was much of help.
@MultiSinovuyo5 ай бұрын
Thank you for this video, made such a big difference
@mohamedfaisal41238 ай бұрын
Top notch explanation.
@biandaful4 жыл бұрын
Well explained!!!!
@madalitsombewe99483 жыл бұрын
Love your teaching (simply simple and clear )
@chandajere95862 жыл бұрын
This is very clear and concise.Thank you so much
@praisemutoko31754 жыл бұрын
Thank you soo much, that was worthwhile. Now i am confident that i understand
@Counttuts4 жыл бұрын
You are welcome :)
@lucianakale1132 Жыл бұрын
Woow…….I don’t know how to thank you, I was wondering how am gonna face my exams next week
@nonkululekohlatshwayo8164 Жыл бұрын
Sir. You are simply the best
@alenigodwin560 Жыл бұрын
U explained well brother thank you i wish we would get more examples with opening inventory
@fredrick_mwaura2 жыл бұрын
This is very well articulated. Keep up the good job.
@Dan-vk7jc2 жыл бұрын
Thanks so much assisted me so much!
@ropafadzochivizhe45612 жыл бұрын
Thank u for the presentation it really helped me especially absorption costing
@kudsiamow34414 жыл бұрын
Thanks a lot for explaining in details! ♥
@baloonram49593 жыл бұрын
That was a very good explanation, now i am ready for exams, thank you sir :D
@musondamulenga93064 жыл бұрын
thanks a lot ,great explanation!
@Counttuts4 жыл бұрын
You are welcome, and thank you Musonda.
@neonmuzik89793 жыл бұрын
thanks sir, I think this made up my preparation of an exam I ama bout have! thx again
@Anele_Gcabashe Жыл бұрын
My uni. Must start paying you please 😹❤️
@Ruth-Mocheche4 жыл бұрын
nice lecture. big ups
@huisinyii4353 Жыл бұрын
i was wondering why when there is higher closing stock = profit will be higher when using absorption costing, and your example easily let me understand how it works. Thank you!
@lovehurtswhenattached922 жыл бұрын
Thanks highly appreciated explanations on point and format easy for anyone to understand 👍 😀
@patricklikalamu82647 ай бұрын
this is very helpful
@RealHesk3 жыл бұрын
Thanks alot for your service. You've helped me
@symplytomi51783 жыл бұрын
God bless you,you are a great lecturer!!!!
@mbasalamla75332 жыл бұрын
wow 🙌🙌🙌 thank you Mr for you help now I understand clearly
@paysonobi65482 жыл бұрын
I enjoyed your teaching
@akankshathooti4 жыл бұрын
Thanks sir grt explanation
@Counttuts4 жыл бұрын
Thank you. You are welcome.
@yerroa.jallow44522 жыл бұрын
thank you for the video, its really helpful.
@mulisamulovhedzi2623 жыл бұрын
Best explanatory video 🥂
@louisebowa60322 жыл бұрын
This was really helpful, thank you very much🙏🏾
@0dawisdom4783 жыл бұрын
Under and over absorbed use to confuse me, now im fine thnx
@chaly8393 жыл бұрын
Good lecture thank you so much. there is no problem with the way you have treated over/under absorption, my issue is on the part where you said when there is an increase in opening or closing inventory then the creation of overe/under absorption, my thinking is instead of increase in opening and closing let it be the difference between the budgeted production and the actual production.
@izzyokafor8888 Жыл бұрын
Keep up the good work watching from Nigeria. Can we also suggest topics for you to teach?
@danisabaloyi6083 жыл бұрын
Thank You, your work is amazing
@mikanyay Жыл бұрын
Thank you 😊
@patrickugwuegbu61192 жыл бұрын
Very informative
@ntcuong01ct13 жыл бұрын
Dear Friends, I have a question: I want to setup Absorption costing of a product in year 2020. Next, I want to compare actual costing and Absorption costing in this product by month, year. How do I setup?.
@aduratomibabalola98843 жыл бұрын
Amazing lecture. cheers.
@braynotieno95642 жыл бұрын
Good work 👏 🙌 👍
@danielokere36243 жыл бұрын
Please sir how do u know when to apply the absorbed overhead formula I'm a bit confused 😔
@sbohmdu25573 жыл бұрын
it helps a lot, thanks.
@boineelomasupe740 Жыл бұрын
Thank you❤❤❤❤❤
@EnertMakwaleАй бұрын
I thought under absorption is like an expense so we subtract it from the gross profit and the over absorption is an asset we add it to the gross profit
@thembekilegwala34653 жыл бұрын
Thank you. you are amazing
@fahimjalal27033 жыл бұрын
Thx for making the vid 😊
@aliakim193410 ай бұрын
May you please upload target costing and life cycle costing
@khalifahmedmohamed72043 жыл бұрын
Thanks ☺️☺️☺️
@gibsonmweene88982 жыл бұрын
now show us how you do the profit reconciliation for the two methods
@DaiGua3 жыл бұрын
Sir, could I know why the closing inventory in absorption costing, production of 6000&7000units is zero? It shouldn’t have 1000units? Why
@adaeze_3 жыл бұрын
It is not zero Pay attention to the video again
@numaniqbal22612 жыл бұрын
Thankyou
@xz1nc8242 жыл бұрын
thnx a lot
@serakwe7184 жыл бұрын
Haiii chief you are the best iyoooo I need for of ur help boss ,
@nokwandanoks15596 ай бұрын
Good day can i ask why you not bringing forward the closing. Inventory to the next production of 7000 units meaning the 41000 must be the opening for the production of 7000 units than closing Inventory will be 41000
@joshuasackey50598 ай бұрын
Do we add over absorption or do we subtract? Other teachers add over-absorption and subtract under-absorption. Which is the accepted procedure? And lastly, other teachers use different formats. For example, under Absorption Costing, they start with Sales, Less Production Costs: Direct Materials Costs, Direct Labour Costs, Factory Overheads. Then they follow with Closing Inventory at full cost, before Cost Of Goods Sold, Add Over Recovery of Overheads, Gross Profit, Less Non-Factory Overheads: Selling, Distribution, and Administrative Costs. And finally Net Profit. The order of headings in your format is different. This leaves me in a state of confusion.
@benmuhizi19753 жыл бұрын
Sir, Thank you.
@karenagyeman68473 жыл бұрын
Please what will I do if there is a variable selling,distribution and administration costs of about 20% of the sales value