garikaib

/Garikai Dzoma

About Garikai Dzoma

He holds an Honours in Accountancy degree from the University of Zimbabwe. He is passionate about technology and its practical application in today's world.

January 2019

Here Is How You Can View Your ZIMSEC Results Online

By |2019-01-30T09:55:32+00:00January 30th, 2019|General|

You have probably heard that the results for the 2018 November ZIMSEC results are out. The other exciting bit of news is the fact that you can now check your results online. This is not limited to people who wrote in November last year only. Even those who wrote in June and probably in the past few years can now […]

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2019 O Level ZIMSEC Results Are Out, You Can View Them Online

By |2019-01-30T09:59:49+00:00January 30th, 2019|General|

If you want to view your results online please follow the instructions here

Good news everyone the 2019 O Level ZIMSEC results are now out. Even more good news you do not have to trudge to your centre in order to get them. In a new development you can now access your results online. Please note that you can […]

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September 2018

Uses and Limitations of Marginal Costing

By |2018-09-18T10:04:19+00:00September 18th, 2018|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC  Advanced Accounting Level Notes: Uses and Limitations of Marginal Costing

  • According to research by CIMA the leading Management Institute
  • Traditional costing methods such as Absorption costing are still in widely used by manufacturing businesses throughout the world
  • There is are reasons for this:

Uses/Advantages of Absorption costing

  • Marginal costing is easy […]
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The differences between marginal and absorption costing

By |2018-09-17T08:34:09+00:00September 17th, 2018|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC  Advanced Accounting Level Notes: Marginal Costing vs Absorption Costing

  • Having introduced you to both absorption costing and marginal costing
  • It is time to look at some of the differences between the two
  • In discussing marginal costing we have already pointed out the differences between it and marginal costing
  • […]

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Reconciliation of Marginal Costing and Absorption Costing Profits Example

By |2018-09-04T17:59:20+00:00September 4th, 2018|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC  Advanced Accounting Level Notes: Reconciliation of marginal costing and absorption costing profits

  • As has been said here, due to changes in inventory levels from period to period
  • The profit figures obtained using absorption costing and marginal costing method might vary
  • It is now time to look at an example

The […]

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Reconciliation of absorption and marginal profits

By |2018-09-04T17:30:22+00:00September 4th, 2018|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC  Advanced Accounting Level Notes: Reconciliation of marginal costing and absorption costing profits

  • Because absorption costing includes the cost of fixed overheads in:
    1. Opening and closing inventory and
    2. Cost of sales
  • There will be inevitable differences in profit figures calculated using the two methods
  • These differences will arise whenever there […]
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Marginal Costing: Statement of Profit Worked Example

By |2018-09-04T09:58:46+00:00September 4th, 2018|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC  Advanced Accounting Level Notes: Marginal Costing: Statement of Profit Example

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August 2018

Marginal Costing: Statement of Profit or Loss

By |2018-09-04T07:22:46+00:00August 23rd, 2018|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC  Advanced Accounting Level Notes: Marginal Costing: Statement of Profit or Loss

  • As has been outlined here there are differences between marginal costing and absorption costing
  • One such stark difference is in the format of statements of profit
  • Below is a proforma Statement of Profit using marginal costing

Marginal Costing Statement […]

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Marginal Costing: Introduction

By |2018-08-23T08:36:39+00:00August 23rd, 2018|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC  Advanced Accounting Level Notes: Marginal Costing: Introduction

  • We have already looked at absorption costing here
  • Now it is time to examine marginal costing which is an alternative way of looking at things
  • For while absorption costing treats production overheads as a product cost by assigning a share of these […]
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Uses and Limitations of Absorption Costing

By |2018-09-18T09:54:43+00:00August 16th, 2018|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC  Advanced Accounting Level Notes: Absorption Costing: Uses and Limitations of Absorption Costing

  • According to research by CIMA the leading Management Institute
  • Traditional costing methods such as Absorption costing are still in widely used by manufacturing businesses throughout the world
  • There is are reasons for this

Uses/Advantages of Absorption costing

  • Often used […]
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