Budgeting Exam
Sammmy88
Registered Posts: 283 Dedicated contributor 🦉
I need some help....
On the flexed budget question in section 2 how do you work out the equipment hire??
Thanks
On the flexed budget question in section 2 how do you work out the equipment hire??
Thanks
Level 2 - Passed 2011
Level 3 - Passed 2012
Level 4 - Passed 2014
Awaiting to start CIMA
Level 3 - Passed 2012
Level 4 - Passed 2014
Awaiting to start CIMA
0
Comments
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Hi,
Equipment hire: step cost increases at every 8,000 units.
Budgeted units are 63,000/8,000units = 7.875 round up to 8
Budgeted cost £32,000/8 = £4,000 every 8,000 units increase.
Actual units 68,000/8,000 units = 8.5 round up to 9
9 x £4,000 = £36,000 flexed cost
Hope this would help you.
Good luck0
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