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Unit 5 Formula

any2002ukany2002uk Feels At HomeRegistered Posts: 88
in AAT Level 3 (Level 6 in Scotland)
As i remembered last year there were very useful ECR forumula and now i am doing FRA, and could not find the document for me to download and understand each formula for FRA (unit 5). please post or pm if you got it.
thanks

Comments

  • A-VicA-Vic Expertise Guaranteed Registered Posts: 6,970
    any2002uk wrote: »
    As i remembered last year there were very useful ECR forumula and now i am doing FRA, and could not find the document for me to download and understand each formula for FRA (unit 5). please post or pm if you got it.
    thanks

    Just done FRA i wasnt aware there were any forumlas it is fiancial so extended trial balances to P&L and balance sheets, partnerships accruals prepayments bad debt and bad debt relif.

    Heres a link to E-Learning

    http://www.aat.org.uk/elearning/rt_unit5_fra/
  • jow774jow774 Trusted Regular Registered Posts: 465
    Could you let me know where to get the ecr formulas document please.
    If you could post it on here or pm me the link that would be great.

    Thanks
  • A-VicA-Vic Expertise Guaranteed Registered Posts: 6,970
    jow774 wrote: »
    Could you let me know where to get the ecr formulas document please.
    If you could post it on here or pm me the link that would be great.

    Thanks

    Management Account Formulas

    Contribution Selling price per unit-variable costs per unit

    Breakeven in Units Fixed costs/contribution

    PV Ratio Contribution/sales price

    Breakeven in Revenue Fixed costs/pv ratio

    Margin of Safety in Units Forecast-breakeven

    Margin of Safety % Margin of safety in units/forecast x 100

    Target Profit Fixed costs + target profit/contribution
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