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Production and sales

Financial Management

In question: Estimated production: 12000 units Finished goods: 3 months and there is no information about opening Finished goods stock But in answer : They are calculating sales, in P&L On such sales they are taking 12000 units as full sales *My doubt is*: when there is closing stock (Finished Stock) is there how can be sales = production level, same as 12000 = 12000 Kindly anyone explain.


Saravana Perumal

Saravana Perumal

CA Final

3K+

16-May-23 21:23

502

Answers (1)

It is assumed that closing stock is equal to opening stock


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