Budgeting

Hi John.

I was solving a question in the Kaplan F2 study text:

The opening balance sheet for the year was given which looked something like this:

Inventory: 66000$ (100 units)
Receivables: 260,000$

etc.

We were then told to complete the budgeted p&l for the year. I got stuck in the cost of sales portion:

The cost per unit of output has been calculated to be 152$ per unit (production cost/unit)

The problem is that, looking at the answer the opening inventory taken was not the one brought forward, but instead they took (100 x 152)

Is this correct.

Its on page 365