Solution-Calculate the cost of living index

Calculate the cost of living index

Assignment Help Accounting Basics

Reference no: EM132562037

Question - The following are the group index numbers and the group weights of an average working class family in Kazi kwa wazee city:

Group	Index numbers	Weight
Food	330	50
Clothing	308	10
Fuel and light	200	12
Rent	162	12
Miscellaneous	180	16

Required - Calculate the cost of living index and comment on your answer.

Reference no: EM132562037

Questions Cloud

Deals with economic impact from subsaharan africa : Find an article that deals with economic impact from Subsaharan Africa to the rest of the world. Give the reference where you obtained the current event article

Prepare separate operating statements on marginal costing : Prepare separate operating statements on marginal costing and absorption costing for three periods. Which method of costing is more preferable

About sub-sharan african countries because environments : It is very difficult to generalize about Sub-Sharan African countries because environments, political systems, and ethnic groups are so diverse;

How do they play role in your personal or professional life : How do they play a role in your personal or professional life? How could you imagine using each model as a practitioner-scholar working in your specialization?

Calculate the cost of living index : The following are the group index numbers and the group weights of an average working class family in Kazi kwa wazee city: Calculate the cost of living index

What does the use of such criteria represent : $28 million, was based on management criteria that did not directly relate to shipbuilding requirements. What does the use of such criteria represent?

How to find the per unit cost : How to Find the per unit cost. Explains how companies adjust their normal and abnormal losses during production. Received from department 1 30,000 units

Create your own study to address the gap : Our final project requires you to look at research surrounding one of several topics in the field of cognitive psychology, identify a gap in the current.

What are forecasted cash collections for the month of June : The pattern for credit receivables collections are: Month of Sale 60%. What are the forecasted cash collections for the month of June

User Account

All Pages

Calculate the cost of living index

Reference no: EM132562037

Reference no: EM132562037

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT