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Mini Exercise 1 Cost of Sales, Question 2

This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.

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November 23, 2017 at 7:32 pm #417680
alexwhufc
Member
- Topics: 3
- Replies: 0
Hi Mike
I cant get to the opening/closing figures in question 2 of mini exercise 1.
I’ve worked out everything else by working backwards but i cant get to the closing or opening inv.
Thanks
Alex.
November 23, 2017 at 8:04 pm #417682
MikeLittle
Keymaster
- Topics: 27
- Replies: 23359
May I suggest that you use your school-boy algebra and let “x” be the value of the opening inventory
Take it from there and come back to me if you’re still stuck
OK?
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