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Calculate in wholes for raw materials a and b the composite

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Reference no: EM132938433

The following data are known for the consumption of raw material A for an industrial company:

Year   Price    index Value
1996    100    225.400,- euros
2012   140     320.000,- euros
2013   144      340.600,- euros
2014   150      350.100,- euros

Problem A. Accurately calculate the value index for 2012 in wholes using 1996 as the base year.

Problem B. Use a calculation to determine whether the quantity consumption increased or decreased in 2012 compared to 1996. It is decided to shift the base from 1996 to 2012.

Problem C. Accurately determine the new price index for 2013 and 2014 in wholes. Said company has also collected data for raw material B.
Year Price index Value
2012 100 240.000,- euros
2013 107 255.500,- euros
2014 109 262.900,- euros

Problem D. Accurately calculate in wholes for raw materials A and B the composite weighted price index according to Laspeyres for 2014 and 2013 with 2012 as the base year.

Reference no: EM132938433

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