in the projdcted p&L the RM is shown as 470..actually it is calculated as 420
Video Details
Financial Management
Treasury & Cash Management
15. Illustration 4 - Long Term Cash Budget (Part 3)
Vidya Suresh
CA Inter
★ 6K+
06-May-24 12:27
26
Answers (1)
420 is the RM consumed.
But as Op st of 150 & cl st of 200 is mentioned, therefore
RM purchased = RMC+ cl st - op st
= 400+ 200 - 150 = 470