great lecture but, i believe you made a mistake. you took 29300 KG (units) and deducted actual price for closing and opening materials ( you deducted money from units.) its should've been 29300KG x 8 ( standard cost)= 234400 15700KG x 4( standard cost)= 62000 then deduct the price difference of the inventories( 3000 and 1000 respectively), leading to a total wood cost of: 231400 and varnish: 61000. 👍👍
The inventories are given in Kgs and litres, not in $'s. If you have more questions then please ask in the Ask the Tutor Forum on our free website. Our tutors do not monitor posts on UA-cam, but always answer questions posted in our free Ask the Tutor Forum.
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Really, such great lecturers of PM and FR. Always with examples and clear explanations. Sirs, you help us sooooo MUCH! THANK YOU!!
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Thanks Sir, this is clearer than my lecturer.
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great lecture used practical examples for explaining the concepts,
much needed lecture for my exam
Great thanks a lot
Thank you Sir
Hi this one is following new book
great lecture but, i believe you made a mistake. you took 29300 KG (units) and deducted actual price for closing and opening materials ( you deducted money from units.)
its should've been
29300KG x 8 ( standard cost)= 234400
15700KG x 4( standard cost)= 62000
then deduct the price difference of the inventories( 3000 and 1000 respectively), leading to a total wood cost of: 231400 and varnish: 61000. 👍👍
The inventories are given in Kgs and litres, not in $'s. If you have more questions then please ask in the Ask the Tutor Forum on our free website. Our tutors do not monitor posts on UA-cam, but always answer questions posted in our free Ask the Tutor Forum.