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Forums › ACCA Forums › DipIFR forums › ordering inventory
hello sir,
the formula for ordering is unit produce = unit sold + closing inv – opening inv
so what is the difference between sold and left unit?
Units sold = Opening units + purchased units – Closing units
e.g.
Sold 100 because opening was 10, purchases was 110 and 20 units are left in closing inventory
If by “difference” between sold and left units you mean Units sold – Closing units this isn’t meaningful.
