Overhead Absorption Rates
This may be a silly question but I would really appreciate any help I could get, I am using the BPP book and this is what is says:Mars Ltd has two production departments, mixing and stirring in which...
View ArticleStudy Books
Hi, I passed Book Keeping Level 1&2 (First Class Passes) about 4 years ago. I have therefore been exempt from Level 2 AAT and started at Level 3 instead. I'm struggling in some areas and wondering...
View ArticleDisposal on Trial Balance
Hi, I know this is probably a really simple question but i have thought about it far too much and completely confused myself. I have a trial balance with a disposal figure of £450 on the credit side....
View ArticleProfit Margins and Mark Ups
If I am given a inventory sales price and a sales percentage margin only, how can I find the cost price of the inventory?e.g: inventory at selling prices is £240000Sales Margin is £144000what is the...
View ArticlePayments
Hi All, just looking for some advice. Here we go... I have a customer invoice on the cash account for £13329.88 and their payment of £13329.88 was posted to their account. So I did a customer refund of...
View ArticleMilton Keynes / FT / Accounting Support - Immediate Start / Xero
The roleIn this job, as a CX Accounting Support you will take ownership for investigating and responding to the email accounting queries sent in by customers when they encounter issues with our...
View ArticleCost and Revenue Sample Assesment 1
Please help with question 1.7(e)You are asked to work out the number of units to cover an additional fixed cost and then the revised margin of safety %.I have the original fixed cost and margin of...
View ArticleCSTR Sample Assesment 2 Question 4
I am really struggling with this one, it is regarding allocating to cost ad profit centres.You are given budgeted overhead amounts and additional amounts regarding the departments.You are told that...
View ArticleDo you need specific a levels to study AAT?
Ever since I did business GCSE I have always been interested in accounting, also because my older sibling is an accountant and loves their job. However, when I chose my a levels I thought I really...
View ArticleEOQ Formula - tips for remembering?
Hi, anyone have any useful method for remembering this formula that you wouldn't mind sharing? Thanks!
View ArticleAccounting and Tax Changes to a Company Owned Investment Bond
A client of mine is a director of a micro entity, end of year is 31st March, and the company holds an insurance bond.I understand that I can prepare micro accounts, FRS 105, and show the insurance bond...
View ArticleLondon/ (FT) Administrative Assistant/ The Bahamas Maritime Authority
Position of Administrative Assistant, (London (U.K.), immediate start. Please see below job description and person specification for the role:ESSENTIAL FUNCTION RESPONSIBILITIES: The Assistant must...
View ArticleDo you have to have specific a levels to study AAT?
Ever since I did business GCSE I have always been interested in accounting, also because my older sibling is an accountant and loves their job. However, when I chose my a levels I thought I really...
View ArticleCould I pass AAT Level 4 in 6 months?
I study business management and finance at university and have a work placement at an accounting firm between February and August next year. I've passed AAT level 3 to get into university and was...
View ArticleWork Experience for AAT students
So I know somebody who is doing AAT level 3 and told me about this company that provides work experience in different areas of accountingWhat I know of them is that they help people with their CVs,...
View ArticleHow to get into an accountancy practice
So i am currently working as a accounts assistant in an organisation and studying AAT as well. I would like to move on to working and gaining experience in a accountancy practice/firm after my contract...
View ArticleHigh Low Method
Am really struggling with this question, not sure where to start, Any help would be appreciated Thanks EmmaUse the high low method to predict the costs at a production level of 8,000 unitsProduction...
View ArticleLevel 3 what next?
Hi all,I have completed my level 2 and have nearly finished my level 3, but I'm not too sure what todo next I am very interested in pursing a career in forensic accounting but I can on find a msc...
View ArticleCreditors terms on Sage
Hello, am I able to change an individual invoices credit terms that differ to the whole accounts terms? For example, if I have an account which is on 30 days but I have an individual invoice on which I...
View ArticleExpected Cash Receipts - AAT level 4 BPP question bank
From BPP answer bank - first assessment pg 104 = Credit Management Question 6d - Jontys customers currently pay 30 days after the month end. He is introducing a 1% discount from month 2 if customers...
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