Calculation

gareth1985
gareth1985 Registered Posts: 24
edited October 2018 in Elements of Costing
Hi there,

I just want to know how to calculate the 35,000 figure please. I was able to calculate the other figures listed on there.

Thanks,

Gareth


Comments

  • dumutroba
    dumutroba Registered Posts: 262
    edited October 2018
    Remaining inventory is always equal to any opening inventory + Purchases - any issues of goods
    2000x8=16000
    6000x7=42000
    Toal cost of inventory before any issues £58000
    Issue cost £23000
    58000-23000=£35000 worth of inventory left
    AAT Level 2. 2018 Distinction
    AAT Level 3. 2018 Distinction
    AAT Level 4. 2019 FSLC 100% MABU 93% MADC 82% PDSY 80%
    Xero Certified Advisor
  • gareth1985
    gareth1985 Registered Posts: 24
    Awesome, thank you :)

Categories

Privacy Policy