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Material Requirements..chap 7 opentuition notes

This topic has 1 reply, 2 voices, and was last updated 9 years ago by Iqra.

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January 8, 2014 at 9:08 am #153891
mansoor
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In chap 7, material req, Question 2:
Opening inv: 20000 units
units to be sold:90000
closing inv:10000
how many units must be produced?
units produced=units sold+closing stock-opening stock=90000+10000-20000=80000
but the answer says 90000
where am i goin wrong
December 1, 2014 at 5:27 pm #215273
Iqra
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sales = opening inventory + purchases – closing inventory
90,000 = 20,000 + purchases – 10,000
So purchases = 80,000
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