BEC Study Group Q4 2018 - Page 2

Viewing 15 replies - 16 through 30 (of 98 total)
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  • #1995725
    El_Stillo
    Participant

    Hi Gang
    I hope to go 4 for 4 on these exams in December. Best of luck, these forums have been a god send for me

    1. Approx exam date: December 8th
    2. Topic you're most-comfortable within this exam section: Financial Management and Cost Accounting
    3. Topic you're weakest in / worries you the most: Oh lord the Writing section

    AUD - 84
    BEC - 82
    FAR - 78
    REG - 76
    #EarnCPA

    #NeverSettle

    #1995878
    Anonymous
    Inactive

    Hi Born To Win,

    First thing we need to do to solve this question is figure out what percentage of sales our variable costs make up. So, 850,000/1,275,000 = 67% or 2/3. Since we know that this relationship will stay constant (that variable costs will remain 2/3 of sales) and that fixed costs are static at 350,000, for next year. This makes the next formula we need: 1 – .67 = .33 (or 33%) Using a little algebra, and knowing that the remainder (the other 33%) our of sales total must cover our fixed costs, but no more since we want the break even figure, we then divide the fixed costs by 33%: 350,000 / .33 = 1,050,000.

    To proof this: (2/3 or .666666667) X 1,050,000 = 700,000. Sales of 1,050,000 – Variable costs of 700,000 = 350,000. Once fixed costs are expensed, we're left with $0 EBITDA or break even.

    Hope this helps!

    #1996787
    Myrtle
    Participant

    1. End of Nov- beginning of Dec (prob will end up being in DEC)
    2. I didn't really start studying yet but when I glanced over the topics in BEC the only familiar topic was cost accounting.
    3. I'm scared for the writing section.

    #1997096
    red07
    Participant

    Thanks for sharing your study method. I started studying bec using becker only last week and thought that i will be done with bec 1 in a week but its already tuesday. Im listening to the lectures, making otes and them skill practice and mcqs. how much time did you give to each section?.

    In Training
    #1998047
    Anonymous
    Inactive

    1. Approx exam date (Late October, mid-November, etc)
    Late Oct., aiming for Oct 27
    2. Topic you're most-comfortable within this exam section
    Writing
    3. Topic you're weakest in / worries you the most.
    All, I am not sure what to focus on. I've been out of school for 2.5 yrs and it is harder to concentrate and study

    #1998536
    Anonymous
    Inactive

    1. Approx exam date (Late October, mid-November, etc) – mid November
    2. Topic you're most-comfortable within this exam section – Cost accounting
    3. Topic you're weakest in / worries you the most. – Derivates (Forwards, options, futures etc.)

    #1998992
    Anonymous
    Inactive

    I am planning to retake Bec Oct 29, 2018
    Strongest area is OH Variance and COSO
    Weakest area is IT, Econ

    #1999043
    kristalkemery
    Participant

    Hi 🙂 I am taking BEC on Nov 10th!
    I just started studying, but I believe I'm strongest in cost accounting because I audit a ton of construction companies.
    I'm struggling with Microeconomic / stupid supply & demand charts! -_-

    #1999052
    Anonymous
    Inactive

    1. Taking BEC Beginning of Dec 2018
    2. I’m most comfortable with the Corporate Governance
    3. IT, cost accounting worries me the most

    #1999055
    jrudicil16
    Participant

    Taking BEC exam end of November

    Strongest area is corporate governance

    Weakest area is cost accounting

    #1999058
    Anonymous
    Inactive

    1. I am taking BEC in November.
    2. I am most comfortable with IT Topics
    3. I am weakest in the writing section

    #1999094
    Valeria
    Participant

    Hi everyone! 🙂
    1. My BEC exam is in mid-November
    2. I am the most comfortable with IT
    3. And I struggle the most with the financial management and macroeconomics

    #1999106
    winglessp
    Participant

    1. Taking BEC early November
    2. economics
    3. Cost accounting. IT

    AUD - 75
    BEC - 80
    FAR - NINJA in Training
    REG - NINJA in Training
     

     

    #1999193
    Tori
    Participant

    Hey everyone!!
    1. I’m scheduled to take BEC in early November
    2. I’m most comfortable with corporate governance – as a current auditor the concepts on internal controls and ERM frameworks are pretty familiar to me.
    3. Operations management worries me the most – my only exposure to it was my cost accounting class 3 years ago and the review material.

    #1999415
    Anonymous
    Inactive

    1. I am taking BEC in mid-October
    2. I am most comfortable with Corporate Governance
    3. Financial Management and Economics are my weakest areas

Viewing 15 replies - 16 through 30 (of 98 total)
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