Question

    Expected sales + desired closing stock – estimated

    opening stock =____________.
    A Expected production. Correct Answer Incorrect Answer
    B Expected sales. Correct Answer Incorrect Answer
    C Expected purchase. Correct Answer Incorrect Answer
    D Expected loss. Correct Answer Incorrect Answer
    E Expected COGS Correct Answer Incorrect Answer

    Solution

    Opening stock was already in place so total of sales and closing stock if deducted from opening stock will give the production units.

    Practice Next