Recorded Weekly Meetings: Accounting for Managerial Decision Making [AMDM] (WM2)

On this page, you can find the recording of the Weekly Meeting 2 for AMDM [Accounting for Managerial Decision Making]. Feel free to ask questions in the comment section below, we will answer them 🙂

Recording

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Thank you for watching and we hope you liked it! Feel free to ask questions below 🙂 (We are notified if you ask a question).
You can find the next Recorded Weekly Meeting on this page.

8 thoughts on “Recorded Weekly Meetings: Accounting for Managerial Decision Making [AMDM] (WM2)”

    1. As we use the weighted average method in this case, taking them into account would not change anything. We took the sold 250 units into account because these impact the weighted average costs per unit as we buy new units after we sold them. You can also calculate it when accounting for these 50 units and will see that nothing change.

  2. Hi, I have a question regarding the exam time on slide 24. To find the cost per unit why do you devide by 350. You say we have to devide by expected units but don’t we expect in this case 400 units initially.

    1. Hi 🙂

      400 would be the units we get if we could operate at the theoretical maximum but we do not do that and therefore only reach 350 units as output 🙂

  3. Hello, I have questions about the following slide:
    (Slide 15) On the 01.12.2017 we purchased 100 units but 50 of them were sold on the 01.01.2018, why when calculating the ending unit cost using weighted average cost, why do we do 100 . 18euros instead of the the 50 units left of the inventory?

    1. Hi 🙂

      Because before we sell the 50 units, we need to calculate the average cost of the inventory and before the sale, we have 200 units in the inventory (100 at a price of 12.86 and 100 at the price of 18 each piece). At the end however, we do only have 150 units at a price of 15.43 but since we do not add more units to the mix, the price stays the same! Does that make sense?

      Wish you a great day!

  4. Hello, I have the following question,
    (Slide 20) When calculating the Inventory value, why do we take 32liters of expected units as our actual units in inventory?

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