Amazing explanation! I have a doubt with formula profit/ lost = B15-SUM(B16:B18) My question is why B17 should be added? Could you please give me the reason for that? Thank you.
How come you don’t do x100 for the variance %? AAT mocks vs their e-learning seem to swap between including the x100 or not and I can’t figure out why!
The solution of this very same question in FI mock assessment 1 solutions task 6 part b is totally opposite to how you have explained here. In mock solution, overtime premium is calculated the way overtime payment is calculated and hence basic wage and overtime premium for Sue is wrong. Please make a correction
Hi Sobia, This has been picked up in our errata sheet, I will ask our AAT operations team to email the errata sheet to you. If you have any further problems please feel free to email our operations team aat@fi.co.uk who will get back to you.
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Isn't variance % of costs = variance / actual * 100?
This is a brilliant explanation thank you 😊
Amazing explanation!
I have a doubt with formula profit/ lost = B15-SUM(B16:B18)
My question is why B17 should be added? Could you please give me the reason for that? Thank you.
How come you don’t do x100 for the variance %? AAT mocks vs their e-learning seem to swap between including the x100 or not and I can’t figure out why!
The solution of this very same question in FI mock assessment 1 solutions task 6 part b is totally opposite to how you have explained here. In mock solution, overtime premium is calculated the way overtime payment is calculated and hence basic wage and overtime premium for Sue is wrong. Please make a correction
Hi Sobia,
This has been picked up in our errata sheet, I will ask our AAT operations team to email the errata sheet to you. If you have any further problems please feel free to email our operations team aat@fi.co.uk who will get back to you.