Traditional Costing Methods – CIMA P1

Comments

1. twizahnanks says

   May 12, 2022 at 10:59 pm

   where is the closing inventory of 1500coming from

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   • ahopra says

     February 26, 2023 at 8:44 pm

     That’s the difference between the amount produced and the amount sold-13,500 units were produced but 12,000 units sold-the difference between the 2 is 1,500

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2. sofiam says

   July 11, 2018 at 8:39 am

   Can you advise which syllabus this is please.

   Thanks.

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3. zulf005 says

   September 29, 2016 at 12:37 pm

   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

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