I have opening inventory at 1nov 2016 at $108000. Closing inventory at 31 October 2017 to be $96000. Provision for untealised profit at 1 nov 2016 to be $18000. The cost of production is at $775000. How to calculate the manufacturing profit and hence the cost of production at transfer value without having the cost plus markup given in the question? Let me know if add info are needed..
ACCA Forums
General ACCACalculate Factory mark up
7y ago#1Please post this sort of question in the forum for whichever ACCA exam paper it is relevant to. Not in this general forum.
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