Mini Exercises – Cost of salesForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Mini Exercises – Cost of salesThis topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 29, 2017 at 5:39 pm #388814 AnonymousInactiveTopics: 1Replies: 0☆How do you calculate the opening and closing stock? I understand where the figures for Gross Profit and COS have come from and that diff between opening and closing stock needs to be 30% but how do you get to 75,833 for closing stock? May 29, 2017 at 7:55 pm #388842 MikeLittleKeymasterTopics: 27Replies: 23329☆☆☆☆☆Back to your school days and algebraic equations!Let opening inventory be ‘X’ and then go from thereOK?AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)The topic ‘Mini Exercises – Cost of sales’ is closed to new replies.