Accounting for Spoiled Goods - Loss is Charged to All Production

Accounting for Spoiled Goods - Loss is Charged to All Production
Learn the accounting for spoiled goods if the loss of spoiled units is charged to all production.
Reference: Cost Accounting by Ms. Norma D. De Leon, Ms. Ellery D. De Leon and Mr. Guillermo D. De Leon Jr.
Please subscribe:
/ filipinoaccountingtuto...
Follow us on facebook:
/ filipinoacctg.tutorial
#SpoiledGoods #LossisChargedtoAllProduction
Basic Accounting Playlist:
• Basic Accounting - The...
Partnership and Corporation Accounting Playlist:
Partnership: • Partnership Formation ...
Corporation: • Accounting for Corpora...
Conceptual Framework and Accounting Standards Playlist:
• Statement of Financial...
Intermediate Accounting Playlist:
• Petty Cash Fund - Impr...
Accounting for Special Transactions (Advanced Accounting) Playlist:
• Partnership Formation ...
Cost Accounting Playlist:
• Cost Accounting - Cost...
Management Advisory Services Playlist:
• Various Classification...
******
High quality CPALE Review Center ba ang hanap mo? :)
Budget friendly na plus we offer P500 discount pa! :)
50% OFF pa for students! :)
Calamba Review Center- Laguna (LCRC) is offering Online CPA Review! 💓
The CPALE Reviewers of LCRC are HIGH caliber reviewers! :)
Full Package Tuition Fees (50% off for students)
We are offering P500 DISCOUNT para sa mga mag-a-avail ng Full Package💓
Use Filipino Accounting Tutorial's coupon code FAT500 to avail P500 discount (Applicable lamang ito coupon code if you avail the LCRC's Full Package Online CPA Review)
Avail LCRC's Online CPA Review 20-day FREE Trial! 💓
Click here for additional information:
web.facebook.c...

[@roseantonetteabuyen4328]

Hello po, I am currently a fifth year student. Di po ako masipag mag aral nung lower year ako haha thanks po sa channel na to mas madali ko na maintindihan niyong mga topics. Mas ginaganahan ako mag review. I'm a fan. Halos maubos ko na mga videos dito. More power po, keep sharing!

[@FilipinoAccountingTutorial]

Hello Rose. Thank your for watching. Thank you for inspiring us to do more videos. You inspire us. Mag aral nang mabuti. Marami pa tayo itatopic dito in future. ❤️

[@roseantonetteabuyen4328]

@@FilipinoAccountingTutorial Hi Sir! It's an honor for me to inspire your team po. I always recommend your channel sa mga classmates ko. Sana di po kayo mapagod sa pagtuturo dahil laking tulong po nito samin. Balang araw po pag maging CPA na ako diko po to malilimutan na channel niyo. Godbless

[@FilipinoAccountingTutorial]

We hope here na ma-reach pa yung iba pa na aspiring CPAs in the country. Recommeding our channel is a very big help! Thanks for this Rose. Masaya kami makatulong. Mag aral palagi nang mabuti future CPA. ❤️

[@sheenshyneemperio6363]

Thank you sir! very well explained. Sana pati po yung "specific order" lesson po kasi namin yan ngayon at hindi ko po gets yung sa specific order. Thank you po!

[@FilipinoAccountingTutorial]

You're welcome, sheen 🙂 hope this video will help you ♥️ will upload yung about sa specific order lesson soom. I upload videos every week. Mag aral nang mabuti 🙂

[@annepandesal]

thank you sir!!

[@FilipinoAccountingTutorial]

You're welcome, annepandesal! 🙂

[@ladycpa]

Sir waiting po sa spoilage charge to specific job hehe. Thanks po

[@delaislaflorencer.980]

Good evening sir. You really help me understand the topics and thank you very much for that♥️ Request ko po sana pano po ang solving at journal entry ng credit memorandum. Hope you notice this comment sir. 😁

[@FilipinoAccountingTutorial]

You're welcome Florence. We are happy it helps. 💛 Ano'ng topic ito request mo, basic accounting? Iba iba kasi ang credit memorandum

[@kgdump_]

Hello po sir, how about po 'yung loss is charged to the specific job naman po? :)) btw, very helpful po mga videos niyo. more lessons to come po!

[@FilipinoAccountingTutorial]

Hello Klaiza. We're happy it is helpful. Mag aral nang mabuti. About sa loss charged to specific job, will make it available for viewing soon. ❤️

[@rheasong3946]

@@FilipinoAccountingTutorial waiting po 🙏🙏

[@gsmdelapaz1190]

Sir waiting po sa spoilage charge to specific job hehe. Thanks po

[@kookoossi1759]

Wala pa kami dito, niclick ko lang, spoiled kana eii, napaka spoiled naman ....hayss (^^)/ good day sa mga inaaral to ngayon.. And Good luck for the future me na maghahanap ng gantong tutorial. SOON🤦 Edit: Hello po sir, more power to your channel and support, ur a great help po.

[@FilipinoAccountingTutorial]

Hello Kookoo. Isa sa mga key in surviving BSA ay ang spoiler sa mga topics. That is, mag advanced study na bago ituro ng teacher ng topic. Mag aral nang mabuti. Hoping our videos will help you when you are in need of it 💛

[@alinskyjesusballecer4363]

@@FilipinoAccountingTutorial Super true po Sir! Minsan nga po nasasabi ko na agad sa teacher ko kung anong sunod na topic. Ehehehhe. Syempre po dahil sa inyong pagsupport ^-^

[@Amitaflm28]

Hello po sir. Thanks po for sharing ng mga discussions regarding the different topics in Accounting. Big help po talaga sa aming mga accounting students na nagsisimula palang po. 🙏 God Bless you always sir. Looking forward pa po kami for a lot of video lessons soon. 😊 Maisingit ko lang po pwede po ba mag-ask? Paano po sir kung di po given yung Factory Overhead rate (which also includes the allowance for spoiled work)? Pwede po malaman kung paano? Isa po kasi sa mga assignments namin yun, di po given yung Factory Overhead rate kaya di ko po masimulan ☹️. Thanks a lot sir in advance!🙏

[@FilipinoAccountingTutorial]

Hello Fatima. We're happy it helps. Mag aral nang mabuti ❤️ About the question, kung hindi clear as to overhead rate kung inclusive na ng allowance for spoiled work, baka already included na yung allowance dun sa given rate. We're not sure of this kasi hindi namin nakikita ung exact detail ng problem. But we hope this will help ❤️

[@Amitaflm28]

@@FilipinoAccountingTutorial ah okay po sir thank you so much po!!!😊

[@Amitaflm28]

@@FilipinoAccountingTutorial last po na pong question sir if okay lang po. Possible or pwede po ba na mas malaki po yung amount ng Factory Overhead rate (inclusive of the allowance for spoiled work) compare po sa mga amount ng Direct Materials and Direct Labor po? Thanks po ulit 🙏🏻

[@marevilcasinillo1300]

Hello po. When po available ang specific order po? Hehe thank you!

[@sho1950]

11:51

[@onattano6606]

Yung spoiled goods po? Asset account po ba sya or Expense?

[@alinskyjesusballecer4363]

Spoiled Goods :(

[@alinskyjesusballecer4363]

Hello po ulit Sir! ^-^

[@FilipinoAccountingTutorial]

Hello Alinsky. Hope you are doing well. Mag aral nang mabuti 💛

[@alinskyjesusballecer4363]

@@FilipinoAccountingTutorial Hello po Sir. Welp kinakaya pa naman po :) It's just that medyo nalilito po ako sa tinuturo niya po ngaun kasi iba sa napanood ko po dito but so far ayus pa naman po kahit papaano. Fighting! I guess Hahahahha Anyways po I'll go to bed now. Keep safe po, looking forward for more educational accounting videos, and advance Merry Christmas na den po! ^-^

[@FilipinoAccountingTutorial]

Fighting! Sa simula mahirap talaga yan. Accounting knowledge kasi hindi nakukuha in just one, two, or three lessons. It takes practice and experience para mamaster talaga ang topic. So kayo na mga aspiring CPAs na students pa lang, palagi kayo magpractice ng mga natutunan nyo sa klase. Marami pa kami uupload dito soon. Hopefully marami pa kami mareach para dagdag motivation sa amin na gumawa pa ng videos. Merry christmas in advance 💛

[@alinskyjesusballecer4363]

@@FilipinoAccountingTutorial