Question: See the exhibit below and Determine the weekly receipt, using the material balance equation that opening stock plus receipt equals sales plus closing stock. Also,
See the exhibit below and Determine the weekly receipt, using the material balance equation that opening stock plus receipt equals sales plus closing stock. Also, Give some insights if we will plot Indent Vs Sales & Indent Vs Receipts. Give some additional insights apart from these. 20 Marks
| Week | Indents | Sales | Opening Stock |
| 1st Apr | 210 | 0 | 404 |
| 2nd Apr | 90 | 68 | 404 |
| 3rd Apr | 90 | 180 | 666 |
| 4th Apr | 30 | 402 | 594 |
| 1st May | 330 | 56 | 270 |
| 2nd May | 480 | 235 | 520 |
| 3rd May | 300 | 213 | 1107 |
| 4th May | 150 | 508 | 1020 |
| 1st Jun | 150 | 6 | 806 |
| 2nd Jun | 0 | 55 | 950 |
| 3rd- June | 0 | 249 | 895 |
| 4th-Jun | 0 | 646 | 646 |
| 1st Jul | 450 | 24 | 0 |
| 2nd-Jul | 300 | 73 | 294 |
| 3rd Jul | 330 | 140 | 551 |
| 4th Jul | 150 | 569 | 993 |
| 1st Aug | 60 | 12 | 424 |
| 2nd-Aug | 330 | 28 | 886 |
| 3rd-Aug | 300 | 136 | 1086 |
| 4th-Aug | 0 | 631 | 950 |
| 1st Sep | 48 | 0 | 325 |
| 2nd Sep | 480 | 18 | 653 |
| 3rd Sep | 300 | 150 | 845 |
| 4th Sept | 0 | 436 | 1079 |
| 1st Oct | 36 | 0 | 649 |
| 2nd Oct | 2370 | 294 | 889 |
| 3rd Oct | 270 | 544 | 1663 |
| 4th Oct | 270 | 1198 | 2781 |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
