Budgeting

PeteLC
PeteLC Registered Posts: 56 Regular contributor ⭐
in AAT student discussion
Hello all have a quick question that I cannot work out.

I have a student with me and the answer does not make sense (unless I'm working in '000)

Its a flexed budget!

Original - 32,000 with 63,000 units
Actual - 35,000 with 68,000 units

answer - 36,000 with 68,000 units

only details i have is - the budget is stepped increasing at every 8,000 units

any ideas?

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  • Woooof
    Woooof Registered Posts: 173 Dedicated contributor 🦉
    PeteLC wrote: »
    Hello all have a quick question that I cannot work out.

    I have a student with me and the answer does not make sense (unless I'm working in '000)

    Its a flexed budget!

    Original - 32,000 with 63,000 units
    Actual - 35,000 with 68,000 units

    answer - 36,000 with 68,000 units

    only details i have is - the budget is stepped increasing at every 8,000 units

    any ideas?
    There are 8 steps to 63,000 units. £32,000 / 8 steps = £4,000 per step

    There are 9 steps to the actual figure of 68,000 units so £4,000 * 9 steps = £36,000

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