Home For AAT student members AQ 2016 Professional Diploma in Accounting Management Accounting: Budgeting
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚


Task 2b aat practice assessment 2

sophie_612sophie_612 LondonRegistered Posts: 107
Hi please can someone tell me how they got to the answer of 15,000 and 15150?

Thanks
Sophie

Comments

  • dumutrobadumutroba AAT Student, AATQB Posts: 264
    edited May 2019
    8500*1.5=12750
    the wastage is 15%,so 100-15=85
    12750/85%=150
    therefore 100%=15000 kg need to be put into production#

    We have Opening and closing inventory, OI is used in production and is deducted from the amount needed for production and CI that is to be left on stock
    With that in mind Production-OI+CI = Purchase
    Therefore 15000-1500+1650=15150
    AAT Level 2. 2018 Distinction
    AAT Level 3. 2018 Distinction
    AAT Level 4. 2019 FSLC 100% MABU 93% MADC 82% PDSY 80%
    Xero Certified Advisor
  • sophie_612sophie_612 LondonRegistered Posts: 107
    dumutroba said:

    8500*1.5=12750
    the wastage is 15%,so 100-15=85
    12750/85%=150
    therefore 100%=15000 kg need to be put into production#

    We have Opening and closing inventory, OI is used in production and is deducted from the amount needed for production and CI that is to be left on stock
    With that in mind Production-OI+CI = Purchase
    Therefore 15000-1500+1650=15150

    @dumutroba thanks really helpful
  • Happygo12315Happygo12315 Registered Posts: 5
    Hi took this exam 15/04/19 what is the earliest anyone has received a result
  • dumutrobadumutroba AAT Student, AATQB Posts: 264
    Should be out 31 May, goggle 'AAT Calendar'
    AAT Level 2. 2018 Distinction
    AAT Level 3. 2018 Distinction
    AAT Level 4. 2019 FSLC 100% MABU 93% MADC 82% PDSY 80%
    Xero Certified Advisor
Sign In or Register to comment.