mac - closing stock
meibaker
Registered Posts: 481 Dedicated contributor 🦉
how to work out this closing stock
forecast sales for A
nov 150,000
dec 160,000
A is sold for £8 per game
the policy is to keep sufficient closing stock to meet 5 days sales in the following month
so what's the closing stock for Nov,
thank you1
forecast sales for A
nov 150,000
dec 160,000
A is sold for £8 per game
the policy is to keep sufficient closing stock to meet 5 days sales in the following month
so what's the closing stock for Nov,
thank you1
0
Comments
-
Dec Sales 160,000
31 days in December
Average sales per day: 5161.29
So 5 days stock = 25,806 unitsSandy
sandy@sandyhood.com
www.sandyhood.com0 -
Dec Sales 160,000
31 days in December
Average sales per day: 5161.29
So 5 days stock = 25,806 units
hi sandy:
that's what i thought the answer is, but model answers closing stock is 40,000.
not sure where did i go wrong.
by the way, this is december past exam 2007, 1.1 please can you have a look please!
thank you!0 -
• Each machine can operate for a maximum of two 7.5 hour shifts a day for 20 days a month.
it tells you the production days
so the closing stock for the month of december for 5 days will be:-
Forecast Sales (Units) Ybox Siny
• Month 3, November 2007 150,000 400,000
• Month 4, December 2007 160,000 400,000
y box = 160,000/20 x 5 = 40,000
siny = 400,000/20 x 5 = 100,000
the factory only works 20 days a month so can only produce for that amount of days.
hope this helps0 -
• Each machine can operate for a maximum of two 7.5 hour shifts a day for 20 days a month.
it tells you the production days
so the closing stock for the month of december for 5 days will be:-
Forecast Sales (Units) Ybox Siny
• Month 3, November 2007 150,000 400,000
• Month 4, December 2007 160,000 400,000
y box = 160,000/20 x 5 = 40,000
siny = 400,000/20 x 5 = 100,000
the factory only works 20 days a week so can only produce for that amount of days.
hope this helps
ahhh, now i understand. i need to read my question more carefully next time! quite tricky tho!
thanks a vic0 -
welcome0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 317 NEW! Qualifications 2022
- 155 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 92 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 274 Tax
- 136 Bookkeeping
- 7.2K General accounting discussion
- 201 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership