Task 5c practice assessment 2
sophie_612
Registered Posts: 136 Dedicated contributor 🦉
Hi,
can someone tell me how to work out the energy and depreciation on this one please.
Thanks
Sophie
can someone tell me how to work out the energy and depreciation on this one please.
Thanks
Sophie
0
Comments
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@dumutroba do you know the answer to this please?0
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Hello
For the energy use the high low method as this is semi-variable cost
For the depreciation
250000units/20000 units in a step=12.5 or 13 steps
£5850/13 steps =£450 in a step
For the third draft
225000/20000=11.25 or 12 steps
£450x12=£5400
You can chech calculations with the second draftAAT Level 2. 2018 Distinction
AAT Level 3. 2018 Distinction
AAT Level 4. 2019 FSLC 100% MABU 93% MADC 82% PDSY 80%
Xero Certified Advisor0 -
@dumutroba can you please help me with the high low method for energy i cannot work it outdumutroba said:Hello
For the energy use the high low method as this is semi-variable cost
For the depreciation
250000units/20000 units in a step=12.5 or 13 steps
£5850/13 steps =£450 in a step
For the third draft
225000/20000=11.25 or 12 steps
£450x12=£5400
You can chech calculations with the second draft0 -
33250-31450=£1800
250000-210000=40000 units
1800/40000=£0.045 variable element per unit
250000 x 0.045=11250 variable
Therefore fixed will be 33250-11250=£22000
For the third draft
225000x0.045=£10125 variable
Fixed. £22000
Total cost. £32125AAT Level 2. 2018 Distinction
AAT Level 3. 2018 Distinction
AAT Level 4. 2019 FSLC 100% MABU 93% MADC 82% PDSY 80%
Xero Certified Advisor0
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