Task 4 writing practice test 2

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sophie_612
sophie_612 Registered Posts: 136 Dedicated contributor 🦉
in Management Accounting: Budgeting
Hi,

I've got my exam on Friday and just trying to get my head around the writing tasks, can anyone tell me the calculation to work out sales volume budget increase the answer is 4% but i cannot remember the calculation.

Thanks
Sophie


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  • CornishPixie
    CornishPixie Registered Posts: 115 Dedicated contributor 🦉
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    Take the new volume and MINUS the old volume, then divide by the old volume.

    so 198640 - 191000 / 191000 = 0.04, which is 4%.

    You can check your answer (which is always best) by adding 4% to 191000.
  • sophie_612
    sophie_612 Registered Posts: 136 Dedicated contributor 🦉
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    CornishPixie said:

    Take the new volume and MINUS the old volume, then divide by the old volume.

    so 198640 - 191000 / 191000 = 0.04, which is 4%.

    You can check your answer (which is always best) by adding 4% to 191000.

    @CornishPixie thank you so much for replying

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