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Determine the new price index in wholes

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Reference no: EM132949025

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: EM132949025

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