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Absorption and Marginal Costing
Riannaj05 Leaving Cert Accounting — 30/04/17 2

Hiya, Does anyone know how to get the closing stock in one of these questions? Im seeing fractions involved in the marking scheme but it doesn't show how you get it. Thanks :)

Gilroy98 — 10/11/16
Be more clear in the question and il try my best to answer
aishat112 — 30/04/17
You have to divide the unit sold into the unit produce and the remaining fraction is your closing stock e.g 16000 units is sold and 20000 units was produced 16000÷20000= 4÷5 Closing stock fraction is 1÷5
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