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 RUclips, but always answer questions posted in our free Ask the Tutor Forum.
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Doing my MBA final take-home exam right now, and OpenTuition is saving my life.
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
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 RUclips, but always answer questions posted in our free Ask the Tutor Forum.
Hi this one is following new book