PCR Open/Closing Stock

Gemmar Registered Posts: 4 New contributor 🐸
I am very confused about open/closing stocks on the PCR papers. I am currently doing Dec 07 and completed up to Task 1.1 c) correctly. I don't understand why when you have worked out the total production in a) accounting for opening/closing stock you then have to account for it again when working out material purchases.

If someone can shed some light on this it would be most helpful! I am very confused!


  • lizrochford
    lizrochford Registered Posts: 58 Regular contributor ⭐
    Hi Gemma

    In Task a you are looking at finished goods stocks for production and in task c you are looking at raw materials which is why you have to do two separate calculations on opening/closing stock.

    Hope this helps.

Privacy Policy