Home For AAT student members AQ 2016 Professional Diploma in Accounting Management Accounting: Decisions and Control
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MDCL Sample Assessment 1 task 5c

BethGBethG Registered Posts: 5
Hi, please can someone explain how to figure out the following question...




Thanks!!

Comments

  • Adele69Adele69 CambridgeAAT Student Posts: 320
    edited April 2017
    Do you have the actual answers, as I'm doing 2013 so can't look them up, and doing this from memory? Indexes would be under Forecasting Techniques. In the 2013 e-learning under Forecasting, page 4 this is shown as

    New Price =
    Old Price x Index in month you are going TO/ Index in month you are coming FROM

    So, according the the AAT's format this would look like:

    Jan's price is £129,000 x 170/170
    March price is £132,000 x 170/172
    June price is £135,000 x 170/174
  • BethGBethG Registered Posts: 5
    @Adele69 perfect, thank you so much for your help!
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