Under constant peso accounting, items are restated using this formula:

Select one:

a. Historical cost x (Current price index Historical price index)

b. Historical cost x (Current price index Average price index)

c. Historical cost x (Current price index Historical price index*) *However, if it is impracticable to determine this amount, the average price index may be used

d. Revalued amount x (Current price index Historical price index)