Hello, can someone help me with how AAT have managed to get to their answer of £7.80 please. I've copied the exact mock exam question below: Blenble Electronic Ltd manufactures a variety of electrical components. The following information is available about the cost of product A28: Units Total Cost (£) 1,200 24,860 1,400 26,420 (b) (i) Calculate the variable cost per unit of product A28 Answer : £7.80 My thoughts were to calculate variable cost per unit it would be total cost / units so: 24,860 / 1,200 But that doesn't come to £7.80... The second question after that is: b (ii) Calculate the to ..read more

Hi, looking to start bookkeeping business. Aat qualified, looking for mentor. Anyone interested/know how I can find one ..read more

Could really do with some advise on accountancy software please, I have just set up my practice and will need software for accounts production for Sole Traders/Partnership and Limited Companies and also submission of personal tax returns/ corporation tax on a small scale initially 5 clients, any suggestions on the best package on a small scale ..read more

Hello everyone, I'm a little bit bold to say this. I'm skipping AAT level 3 and go straight to level 4, now I'm wondering how much overlapped between L4 AMAC and L3 MATS? For example, if I don't study the basics of MATS, can I still do AMAC? Does AMAC rely intensively on the basics of MATS? I'm asking this so that I may consider to self-study MATS before studying AMC. I'm aware that AAT is more about the process rather than the result and I'm also aware that MATS is an interesting unit to know/study. But I'm really in need of an accounting qualification to increase my employability. I can alwa ..read more

Hi, I wanted to ask if anyone is using QuickbookOnlineSimpleStart??? Is this software good enough for small accountancy firm ..read more

Agile Shed, your trusted partner for innovative web and mobile app development. Explore the compelling reasons why Agile Shed stands out as your go-to choice in the digital landscape ..read more

Can anyone help with the following question and answer please as I don't understand where AAT's answer of £14 is coming from in the Mock 2 practice? Jars retail for £20 each and cost £10 each. Three are damaged and will cost £40 to repair. They will then be offered for sale at a 10% discount. What is the total inventory value for these three jars? Is it not £18, I.e. 3 x £20 - £40 x 90 ..read more

Can anyone help me on how to begin working this type of question out ..read more

Hey everyone! I'm going through some mock papers and I'm confused on why the answer for the premium over time calculation shows the following: Overtime payment per hour LESS Basic rate per hour (14.50 - 8) ? (See pictures attached) I've attached the question as well for more context ..read more

Hello, I've tried to complete the Practice Assessment 2 from the AAT Study Planner and Task 3 (b) is causing me an issue! I have performed as many calculations as I can but I don't understand where AAT are getting their answers from for Revenue and Variable Costs for Mosley Heights Hotel! Is there actually some information missing from the question, e.g the costs of food, consumables and laundry? Thank you ..read more