Home For AAT student members AQ 2016 Advanced Diploma in Accounting Management Accounting: Costing
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Management Accounting practice exam question 1.4



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

Comments

  • haiyen90hnhaiyen90hn Registered, AAT Student Posts: 4
    they are simply equal to 56% and 44%, 62% and 38%
  • Pian32Pian32 Registered Posts: 162
    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.
    AAT Level 4, MAAT
    ACCA in progress
    F4- Passed Aug 2020
    F6- Sitting September 2020
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