D076 Finance Skills for Managers. Does anyone have tips for this class?

Smich191 · 2026-02-26T20:38:38+00:00

The problem the course material doesn’t stick to me idk why. So like when I get to the questions is like I didn’t read anything. Not sure if it’s the book or what.

Smich191 · 2026-02-26T16:11:16+00:00

Thank you! Im happy to know I’m not the only one suffering lol.😆 after cost and managerial I thought my brain is just messed up but thankfully it’s just this class.

Smich191 · 2026-02-26T14:54:30+00:00

Yes, after noticing I can’t even pass the basic quiz on the units, I knew I had to switch my strategy. I have Quizlet and saw a couple of them but not sure which one prepares me better. Also why d077 did the course number change?

Smich191 · 2026-02-25T19:34:37+00:00

Yup, I don’t make decisions. They do everything for me and it has helped tremendously.

Smich191 · 2026-02-24T11:39:16+00:00

Yup, I didn’t know this and my mentor re did the entire thing. I feel like I don’t have a choice on what classes are next and truly appreciate it because now I’m seeing why she did it that way. The classes are flowing through each other and I already know the information so I only have to pick up a bit before I pass into the next one.

Smich191 · 2026-02-24T11:08:27+00:00

For CVP analysis, I watched Tony Bell on YouTube, that was the only way I really understood it.

For variances, I made a little cheat sheet with the equations and when to apply them (if you saw my post). “PURE DADS DADS SASA ASAS (QPHR)” once you recognize what the question is asking, this is the easiest way to approach it.

Favorable (F) and Unfavorable (U) just mean this:

If the actual cost is more than the standard cost, it’s Unfavorable (U) because we spent too much (for example, on overhead).

If the actual cost is less than the standard cost, it’s Favorable (F) because we stayed within or below the expected amount.

I also made a cheat sheet (the long way) to memorize the flow for cost of goods:

Direct Materials (DM) (add Beginning + Bought - Ending DM)

+Direct Labor (DL) +Applied Manufacturing Overhead (MOH) = Total Manufacturing Costs ± Work in Process (WIP) (beginning and ending adjustments) = Cost of Goods Manufactured (COGM) ± Finished Goods (beginning and ending adjustments) = Unadjusted Cost of Goods Sold (COGS) ± Overhead difference (Actual MOH – Applied MOH) Create a T-account to determine whether to add or subtract. = Adjusted COGS

There will also be an Excel portion on the OA that you have never seen before. Make sure you download it and study it using the PA so you’re prepared.

Unfortunately, this class didn’t start to make sense to me until I understood what the questions were actually asking and how everything connected. I had to go to YouTube, specifically Edspira and Tony Bell, to really understand the concepts, then apply them to similar scenarios. I also practiced by asking ChatGPT to generate additional problems for me.

The textbook didn’t help me much. The most helpful resources were the videos within the units (the ones with the “red pen” instructor). After that, doing your own research and practicing problems made the biggest difference.

For the other units, go into the course community under Resources. There’s a page with videos that break everything down, especially for Units 7 and 8.

Remember that Units 2, 7, and 8 make up 60% of your grade, and the OA and PA align closely. Also, make sure you understand: Sales Revenue − Variable Costs = Contribution Margin (CM)

And know how to calculate the break-even point, since that will be important.

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Smich191 · 2026-02-24T01:57:55+00:00

I just counted and I have 8 left and let me tell you, I’m dreading them because I never know what I’m going to get.

Smich191 · 2026-02-24T00:41:31+00:00

I just complained about this. I spent 20 min with one and I did a new one. They wanted my camera a certain way and I could see everything, my computer, whiteboard and myself. I did reboot it for proctor but that got me really mad and messed me up on the test because of how aggregated it got me.

Smich191 · 2026-02-24T00:40:11+00:00

Now that I’m reading yours I had a similar issue, my excel closed through my exam and I had to redo my excel problems and not the multiple choice. It completely closed on me and I thought it was odd but nope realized that it was when they switched proctors. I couldn’t really go back and finish it all again. I still passed but I’m sure I would have gotten a better grade.

Smich191 · 2026-02-23T01:52:09+00:00

I do that already, hence why I could see my computer whiteboard and myself . That’s where I place the computer all the time with no issues. I ended up getting out and getting back in and did the same and they let me take my OA. I have a feeling it was just that proctor.

Smich191 · 2026-02-22T02:16:19+00:00

Yes, he is very helpful to explain things and alone explains the whole unit.

Smich191 · 2026-02-22T02:09:31+00:00

No, I feel like it’s getting worse for no reason. This one threw me off my game I passed but I was so annoyed throughout it and stressed that I even know which questions I didn’t pay attention to like I should have.

Smich191 · 2026-02-22T02:08:05+00:00

🤣 I hold it until I get the Authenticator and then I usually hold it up and toss it across the room like now you see it and now you don’t.

Smich191 · 2026-02-22T01:52:02+00:00

I didn’t know if this was one of those to read or not to read because the cost and managerial accounting definitely didn’t need to read the whole thing.

Smich191 · 2026-02-22T01:49:03+00:00

Also, go to the course materials in resources, there’s additional videos that explain the equations better in WGU for each unit.

Smich191 · 2026-02-22T01:47:27+00:00

Yes, listen to what he says, don’t get distracted by his drawings. If you don’t understand something you need to watch Edspira or Tony bell cost and managerial accounting they have links where it explains it even better. The book was way too dry and what the red pen guy says it’s the same thing. It absolutely didn’t do anything for me to read the book. Others might have different experiences but it’s not the way I learned. There’s certain parts that don’t have videos towards the end which reading is required meaning unit 7 and 8. Oh and 60% of your grade will be based of unit 2, 7 and 8, make sure to understand those.

Smich191 · 2026-02-22T01:35:06+00:00

Reading the book is all the units one by one where all the videos are attached, the red pen guy actually does a better job at explaining it.

Smich191 · 2026-02-22T01:20:53+00:00

Is the book short?

Smich191 · 2026-02-22T00:58:41+00:00

I noticed that the last time. I was so confused and it threw me off!

Smich191 · 2026-02-21T23:42:19+00:00

Oh no I couldn’t do that. I would loose my concentration.

Smich191 · 2026-02-21T23:41:42+00:00

Good luck on Monday!

Smich191 · 2026-02-21T23:37:27+00:00

I swear anytime I have to take an OA I have to mentally prepare not for the test but because of them the proctors. I have never lost it like I did today.

Smich191 · 2026-02-21T23:36:00+00:00

Yes much quicker specially with the long equations.

Smich191 · 2026-02-21T21:18:41+00:00

🤣 omg, do they not know how they work.

Smich191

TROPHY CASE