Financial Performance Revision Kit

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jessbill3
jessbill3 Registered Posts: 17
in AAT Level 4 (Level 8 in Scotland)
Hi All :)

dont suppose somebody can offer some advice, I've taken to the revision kit for financial performance and theres a few questions which involve calculating in MAC, TAC and FAC... what are these please?????

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  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
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    Jessbill
    I'm sorry I don't know
    Please can you give the context of the question?
    MC is often used to mean marginal cost
    TAC often means total absorption cost
    FAC often means full absorption cost


    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • jessbill3
    jessbill3 Registered Posts: 17
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    Ahhh perfect, tbh thats all i needed to know... i didnt have the abbreviations written down anywhere thanks

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