PCR 1.1 (i) Help on OP statement

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Can anyone explain this one to me! <BR><BR> I thought you had to get turnover at 1840 units and -200 O/stock units @ £80 and -1640 @ £74 But I have clearly got this one all wrong!

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    PCR 1.1 (i) Help on OP statement

    I dont know whats right but I did<BR><BR>Turnover Sales units x selling price<BR><BR>less <BR>opening stock<BR>add cost of production<BR>less closing stock<BR><BR>= opertaing profit<BR><BR>closing stocks I valued at the absorption unit cost we calcuated<BR>74 and 120.<BR><BR>I think my profit figures were 48820? and 61250?<BR>

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