Masterclass - Stock Question 2 Part b)

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
<BR><BR>I have done reconciliation statment etc. but do not understand what they are asking regarding valuing finished stock!!!

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Masterclass - Stock Question 2 Part b)

    Is it anything to do with the Paper they have bought, they only used 301,000 metres but bought 450,000. thats the only thing i can think off?!?!?!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Masterclass - Stock Question 2 Part b)

    i am just plucking a guess out of the blue.......but, is it that coz the fixed overheads will be absorbed (£21p/h) then the fixed overhead variances might be different coz the finished stock will have a proprtion of the fixed overheads attached to them?<BR><BR>i really have no idea?!<BR><BR>Can Sandy advise maybe??

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