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Budgeting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Budgeting

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  • December 25, 2021 at 2:11 pm #644810
    dingdong02
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    MNB LTD forecasted sales for a month are 27500 units. It has a policy of keeping 25% of goods produced as closing stock. Last month it produced 20000 units. What should the closing stock be for the current month?
    ans) 7500 units but I’m getting answer 14375 units.

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