In addition to purchasing raw materials a manufacturer also purchased a quantity of finished goods. The cost
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In addition to purchasing raw materials a manufacturer also purchased a quantity of finished goods. The cost of carriage inwards on the raw materials was incorrectly recorded as carriage inwards on finished goods.
How did this error affect the cost of production and the gross profit?
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ANSWER The error of recording carriage inwards on raw materials as carriage inwards on finished good...View the full answer
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As a Business Management graduate from Moi University, I had the opportunity to work as a tutor for undergraduate students in the same field. This experience allowed me to apply the theoretical knowledge I had gained in a practical setting, while also honing my teaching and communication skills.
As a tutor, I was responsible for conducting tutorial sessions, grading assignments and exams, and providing feedback and support to my students. I also assisted with the preparation of course materials and collaborated with other tutors and professors to ensure consistency in teaching and assessment.
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Cambridge IGCSE And O Level Accounting Coursebook
ISBN: 9781316502778
2nd Edition
Authors: Catherine Coucom
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