P1 formula adviceForums › CIMA Forums › P1 formula adviceThis topic has 1 reply, 2 voices, and was last updated 8 years ago by Rana Amr.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts September 30, 2016 at 2:47 pm #342130 zulf005ParticipantTopics: 4Replies: 5☆Hi, please can you help me with this query.Regarding the below formula, I thought MC don’t include fixed overheads? In that case why are we adding it to opening inventory?AC Profit add: fixed overhead in opening inventory less: fixed overhead in closing inventory MC profit October 17, 2016 at 9:55 am #344099 Rana AmrMemberTopics: 0Replies: 2☆When ur closing Inventory > Opening Inventory then Ur AcP is greater then McP when ur Opening Inventory > Closing inventory then ur MCP is Greater then AcPAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In