ACCA · Question 06 · Data Analysis and Statistical Techniques

A heavy manufacturing firm tracks the cost of two key raw materials.
Base Year (Year 0): Material A price $10, quantity 100. Material B price $20, quantity 50.
Current Year (Year 1): Material A price $12, quantity 110. Material B price $25, quantity 60.

Calculate the Laspeyres price index for Year 1 (Base Year = 100). Enter your answer to one decimal place.