Management Accounting practice exam question 1.4



How do you simplify the ratio the ratio 56:44, 62:38 and apportion the costs?

Comments

  • haiyen90hn
    haiyen90hn Registered, AAT Student Posts: 6
    they are simply equal to 56% and 44%, 62% and 38%
  • Pian32
    Pian32 MAAT Posts: 471
    More generally if you're using ratios A:B if used to split something you can think of share for A as being A/(A+B) and for B as B/(A+B) multiply each of those formulae by the total cost and they are apportioned as needed.
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