You are truly a legend. what my professor does in 2 weeks you can sum up in less than 1 hour. I wish I was joking, you are the boss!
@saudiprince6532
3 жыл бұрын
My man
@saadafzal8384
2 жыл бұрын
😂😂😂
@amarnijjar479
7 ай бұрын
the glazing is crazy
@daveklaassen4272
3 жыл бұрын
When you learn something in 23 minutes in stead of not understanding it in 4 hours of class time. You are the MvP! Legend.
@jiyoungyun7494
8 жыл бұрын
I am a student majoring in accounting and all your videos are very helpful for revision. thank you very much
@ruralbird2417
6 жыл бұрын
oh boy
@ruralbird2417
6 жыл бұрын
u look sweet in bed u know
@twixter0
4 жыл бұрын
@@ruralbird2417 easy there cowboy
@neilmansilla4843
5 жыл бұрын
learned ABC system in 23 minutes compared to my prof damnnnnn
@awaboz
7 жыл бұрын
your explanation and delivery is second to none , your videos have saved my life . thank you
@joshuasturgell1800
4 жыл бұрын
Edspira currently helping me with studying for my mid-term Managerial Accounting class.
@dylanhardy1093
3 жыл бұрын
You have been helping me through all of my online accounting classes for the past year. Thank you so much!
@djjayjay680
4 жыл бұрын
I think your teaching method of walking through an example from the get-go is second to none. You add tidbits while completing the calculations that explain the theory unlike most textbooks that frontload the theory before even stepping into an example. You sir, are a legend.
@exzok2483
3 жыл бұрын
Can u please do a tutorial on how to get a gf?
@pjgdba306
5 жыл бұрын
Assembly isn't an overhead, it is a direct cost. Good presentation - there is a lot of bla bla bla about ABC in textbooks when it is simply measuring things at greater granularity - "it's all in the details."
@jessicakalbfleisch9245
7 жыл бұрын
I am so grateful for these videos! Incredibly helpful. You are an awesome teacher.
@Edspira
7 жыл бұрын
Thank you for the kind words!
@connorcech7697
4 жыл бұрын
these videos got me through college accounting courses, and now they are helping me actually understand my CPA study material.. good stuff
@longneckproductions7873
5 жыл бұрын
A 23 minute video taught me more than my managerial accounting professor ever has in 2 hours and saved me an extra 1.5 hours of trying to discern what is important from the text book. If my professor talked for 23 minutes she might not even get close to teaching us about ABC. Thank you very muchly.
@sbee1682
3 жыл бұрын
You explain everything beautifully. So easy to comprehend and follow along with your videos and demonstrations. Great. Thank you for sharing these.
@lazizr3411
4 жыл бұрын
People do not value free stuff, but it is the most valuable thing in our lives! Thank you, sir!
@gnydell
5 жыл бұрын
Now that I watched this video, I'm wondering why my professor took two weeks to explain what you did in 25 minutes. Though I will say that I watch this video at 1.5x speed (just because I can follow it when it's faster, not because you talk slowly), so even less time to comprehend the basis of this subject. Thank you!
@BeachBunnyGaming
3 жыл бұрын
Still enjoying these videos in 2021
@Edspira
3 жыл бұрын
More to come!
@brianwong9953
5 жыл бұрын
THIS VIDEO DESERVES MORE VIEW !!
@5Cinque512
3 жыл бұрын
Teaching is very simple. If just, every professors and teachers were so detailed, everyone could learn something. Thank you man.!
@cookingforfools8691
2 жыл бұрын
Thanks for the easy to follow instructional video. The only thing that I found a little confusing was that you set up a separate cost bucket for assembly. It seems like that would fall under a direct labor cost. I've worked for three different manufacturing companies, and they all used the divide-overhead-costs-by-total-labor-hours method. ABC makes much more sense to me.
@cooldudewalton
4 жыл бұрын
Thank you! You made this so much simpler than it was in my workshop. Perfect video.
@rayereflections5336
2 жыл бұрын
Thank goodness for you! Literally helped me with my homework I've been staring at for a week in 30 minutes
@Edspira
2 жыл бұрын
Glad I could help!
@erobdethkult
2 жыл бұрын
Much better than my MBA class! Thank you
@东方不败-e9e
2 жыл бұрын
You are a great teacher. Thank you for your teaching. However, in this case I don't understand how come you combined the assembly of hiking pack and tent together. Do you mean one unit of hiking pack assembly is the same as one unit of tent assembly? Aren't they totally separate assembly processes? Thank you. Looking forward to hearing from you or someone else who can answer. Thanks.
@ChuyChewy
2 жыл бұрын
Dud, literally this I’m currently in is lame, my professor just reads off the bored, I don’t learn anything, n it sucks, thank you!
@valeska973
3 жыл бұрын
Hands down the best explanation for ABC! Thank you very much for simplifying this concept.
@Edspira
3 жыл бұрын
Glad it was helpful!
@tedgrove9412
3 жыл бұрын
Best. channel. ever. Seriously, I'm taking cost accounting right now and this guy is a godsend
@njabulontsakonkuna7403
6 жыл бұрын
Thank you so much for these, May God bless you abundantly.You are making a real difference in peoples lives
@yoshinegus4019
8 жыл бұрын
Just because ABC is more accurate does not mean that it always beneficial to implement. YOU GOTTA DO COST BENEFIT ANALYSIS!
@Edspira
8 жыл бұрын
+Yoshi Negus Excellent point!
@markpegues757
7 жыл бұрын
#FACTS
@markpegues757
7 жыл бұрын
Time-Driven ABC may be more beneficial than traditional ABC.
@nurillomukhammadkulov8745
6 жыл бұрын
May be your point is pricise , but this is very sefull for University Exams Honestly speaking, Edspira Lectures are really comprehensive and easy lo follow
@washambiswimp714
2 жыл бұрын
God Bless the internet (and these youtubers) for helping me understand things for my classes
@exoticculture9363
8 жыл бұрын
great man!
@Edspira
8 жыл бұрын
This made me smile. Thanks!
@divya7514
3 жыл бұрын
very well explained...thank you
@Edspira
3 жыл бұрын
no problem 😀
@brianwong9953
5 жыл бұрын
Can u be my lecturer?
@davidrovere2899
7 жыл бұрын
I really like your videos, I find them very helpful. I just wonder why you included SGA into the 1M OH cost. I assume by the exemple that you are treating product costing therefore you're allocating manufacturing OH. SGA wouldn't apply into the manufacturing OH concept. Is this some king of general overhead? Or, is the activity based costing a completely separate method to evaluate manufacturing cost from product costing? Again, thanks for your videos, I hope you are finishing your PHD soon and Education Unlocked goes mainstream.
@acc.amermousa6803
2 жыл бұрын
I would like to thank you for your support
@Edspira
2 жыл бұрын
No problem my friend!
@deejaaay7600
4 жыл бұрын
Isn't labor hours direct labor though? Isn't overhead considered non-direct items only? blah... I hate this shit SO much.
@waqasahmad6111
2 жыл бұрын
Your excellency I am very much satisfied with your method of teaching. Your way of teaching is up to the mark . Stay blessed sir Thanks from Pakistan
@Edspira
2 жыл бұрын
Thank you! Best wishes to you and your family 😀
@tg-us3hw
5 жыл бұрын
may god bless you
@alexthegreat445
7 жыл бұрын
Great video.. helped a lot .. thanks!
@Edspira
7 жыл бұрын
No problem!
@mishikhan1349
2 жыл бұрын
Please make vedio on throughput accounting as well
@letmusiclivee
2 жыл бұрын
This helped so much !!! I have a talk with my teacher for a retake tomorrow and this helped me understand how to explain it. You rock!
@Edspira
2 жыл бұрын
Glad to hear you found the video helpful!
@xochitlfernandez2337
2 жыл бұрын
This was a great way for me to learn this subject and have better understanding.
@Edspira
2 жыл бұрын
Thank you!
@cynthia217
7 ай бұрын
Wow actually understood how to do it after this video thanks
@BoityBillion
Жыл бұрын
Very easy to understand. Perfect for quick revision
@Edspira
Жыл бұрын
Thank you!
@rizwanalikhan6604
4 жыл бұрын
Sir I salute you you’ve made my day easy
@ThePsychoGamerYT
Жыл бұрын
Came clutch right before a exam
@yihinli8278
6 жыл бұрын
Thank you Sir, your explanation and examples are very logical and easy to understand, you just made accounting simple. I got a lot of help from you when I was a university student and now I am working as an auditor and preparing for my CPA exams, I still refer to your videos for recap. Thanks a lot.
@pritamkumarpaul1232
2 жыл бұрын
if the actual orders or customer is lower than estimated how to allocate the overhead cost
@lucasperez9800
Жыл бұрын
very good explanation thank you !!!
@ThePsychoGamerYT
Жыл бұрын
Thank you , such a life saver. Definitely was worth watching the full 23 minutes instead of watching a short 4 minute video.
@BestSolutionsAccounting
4 жыл бұрын
I really appreciate the sheer amount of effort you put into these videos! You are an amazing person for doing this!
@Edspira
4 жыл бұрын
Thank you for such kind words! I appreciate your support :)
@maureensticco4592
5 жыл бұрын
Awesome video! Thank you
@Chargeittothegame23_
Жыл бұрын
Thank you so much
@Edspira
Жыл бұрын
You're welcome!
@montyberente5996
3 жыл бұрын
i love you man, simple and well structured explanation
@Edspira
3 жыл бұрын
Thank you!
@rickjacoby4542
7 жыл бұрын
Why are we putting SG&A costs into the equation? Since when would customer support be considered a manufacturing cost? Wouldn't that be a period cost? Is this costing not used for inventory evaluation?
@LemuelQuider
2 жыл бұрын
Off all the accounting toturials here in youtube you are one that I can easily understand. Thank you!
@fasya6910
5 жыл бұрын
Thank god theres English one here , I’ve been searching and all I can find are Hindi languange , and their accent godd 😭
@asfahsabrie6207
4 жыл бұрын
😂😂😂😂🤭✋🤭✋✋
@linh918
Жыл бұрын
Very useful. Thank you 😊
@Joseph-ey1rc
4 жыл бұрын
Its really helpful. Thank you so much
@Edspira
4 жыл бұрын
No problem!
@Whatstrendingworldwide_
4 жыл бұрын
I wish u were my lecturer😭
@lehmanbrothers6938
10 ай бұрын
no indian accent, no credibility
@aish_30
2 жыл бұрын
Thanks, it's very helpful for me as I'm doing chartered accountancy. Waiting for more contents😃
@kimberlysiosi3371
3 жыл бұрын
Thank you so much for this video. It really helps understand this topic and More simpler than my Accounting for management lectures explaination
@september7013
6 жыл бұрын
You made that make so much sense. Thank you.
@Edspira
6 жыл бұрын
No problem!
@luanpersini
5 жыл бұрын
One thing that is missing is, each product can have its own cost per unit, for example: You want to pack 10x Notebooks and 10x 50" TV's to distribuition. The notebooks will use way less materials (like plastic) and Labour time, so, for example, we would have R$ 0,10 per unit of Notebooks to pack and R$ 0,25 per unit to pack 50" TV's. Just a hint so people can look deeper into the system.
@Gravy_moat
2 жыл бұрын
i cried yesterday trying to learn this, today i will not cry. flying through my homework now! just needed a different explanation thank you!
@perrybarnacle
3 жыл бұрын
Good overview of the method. In practice, ABC costing is a great way to arrive at a potentially bad managerial decision. Allocating indirect costs to arbitrary cost drivers is ineffective. Strategic Cost Transformation by Reginald Tomas Lee outlines a more sensible approach.
@simonribas4625
3 жыл бұрын
thank you :)
@brianlanglois8502
Жыл бұрын
Hero.
@Edspira
Жыл бұрын
Thank you!
@Mrsunny649
4 жыл бұрын
Once a firm has a good ABC system established, I would think it should adjust its Traditional costing system accordingly to match the estimates of ABC.
@ThePorschefan
4 жыл бұрын
So it's basically the same as standard costing but with multiple overhead rates for each departments involved in the process. I guess the hard part is coming up with a useful cost driver & realistic estimated overhead rate
@fvandongen
2 жыл бұрын
Watched like 3 video's. Thanks a lot! It helped me understand.
@markrogers6778
2 жыл бұрын
Thank you James Woods
@footyclips662
2 жыл бұрын
Legend
@Edspira
2 жыл бұрын
😀
@tenzintashi5340
8 жыл бұрын
can you help me with apportion cost
@nurillomukhammadkulov8745
6 жыл бұрын
Really Nice Lecture ! Thank you
@shadowhalk225
2 жыл бұрын
You have literally just saved my life. Thank you
@tarane409
2 жыл бұрын
I am taking enhanced engineering betc this helped so much with understanding my assignment
@genihabtu5066
2 жыл бұрын
I like the simplicty of example and with slow flowing voice tnx
@jaskalotia9558
2 жыл бұрын
this was very helpfull
@mercychavula7139
6 ай бұрын
Thank you sir.
@morgannkomo6936
4 жыл бұрын
Very helpful. What I didn't get in a 2hr class got clarified in a 30-minute presentation.....bravo, bravo
@ttig4044
4 жыл бұрын
You could've went into to product cost per unit and all that other Jazz but for the content covered, its a good video.
@morganclelland3153
4 жыл бұрын
so on the income statement, will it be the same net operating income if you compare traditional vs abc?
@jordyreynhard8780
3 жыл бұрын
Hi, does anybody know how to decide how much money that we need to put for the overhead cost?
@sanikakhatu5894
Жыл бұрын
You are amazing ❤
@jomariecrisixmuyco4870
2 жыл бұрын
Thanks for the explanation. It was very clear
@mez6809
2 жыл бұрын
Thanks for this. A great refresher. One question I have is what would happen if 1 order had multiple products? Would you have to split the order into decimals?
@fomuwelkemna4275
5 жыл бұрын
Thanks buddy, helped me a lot! :)
@paulinak1817
3 жыл бұрын
Are costs pools equivalent to cost centres in English?
@leratorambau9432
6 жыл бұрын
YOUR VIDEO'S ARE AMAZING
@Edspira
6 жыл бұрын
Thanks Lerato!
@annepandesal
4 ай бұрын
thank you!
@Kezayahh
Жыл бұрын
U deserve a sub
@kudakwashekamwaza3873
3 жыл бұрын
Very explicit....
@RangerXXT
3 жыл бұрын
your videos are so much better than what my school gives, thank you a ton
@wamelesang1076
2 жыл бұрын
awesome, thank you very much for the lecture!
@jessecorbett3751
3 жыл бұрын
Thank you so much! I liked and subbed!
@Samantha-ji7iw
2 жыл бұрын
I am so thankful to you and this channel! I can not thank you enough! 🙏
Пікірлер: 190