Help with Osborne FNPF Question 9 - Test 1

Jo Clark

Hello All

A friend and I are sat here revising for our FNPF exam and were attempting the questions on the Osborne website.

We are both stumped with Question 9 in Test 1.

This is the link to the question http://www.rtanet.com/osborne7/q9.asp

Any help would be much appreciated.

Many thanks in advance.


JC

totleyblade

Have you worked out how much the cost is per kg for each month as it changes? January £64,000 / 5,000 kg = £12.90 per kg, Feb £71,500 /5,500 kg = £13.0 per kg and March, £93,050/7,0000 = £13.15 per kg.
If you use these costs per kg you will be able to work out the correct index. Eg. January 12.9/13 X 260 = 258.
Hope this helps.

Jo Clark

Many thanks for this, much appreciated