Opening WIP valued 1710

The value of the finished units is the total cost of producing them. Part of the cost was incurred in the previous period and part was incurred in the current period. Have you not watched the free lectures, because I explain this in the lectures. (It is pointless to use the lecture notes without watching the lectures, because it is in the lectures that I explain and expand on the notes. If you are not watching the lectures for any reason then you need to buy a Study Text from one of the ACCA approved publishers and study from there.)