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inventory

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

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
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    Posts
  • June 20, 2016 at 7:38 am #323545
    sxhawty
    Member
    • Topics: 56
    • Replies: 25
    • ☆☆

    opening inventory of 200 units, 70% complete
    completed output 2,450 units
    closing inventory 300 units, 40% complete

    how do i get the equivalent units of production? do i have to get the average inventory?

    June 20, 2016 at 4:19 pm #323620
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54738
    • ☆☆☆☆☆

    You need to watch my free lectures on process costing, because I explain this in detail within the lectures (and I cannot type them all out here 🙂 )

    (The free lectures are a complete course for Paper F2 and cover everything needed to be able to pass the exam well).

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