CIMA BA3 Question Answer
Refer to the Exhibit.
At the beginning of the month, an organization had opening inventory of 30 units of a product, valued at £3.00 each. During the month, it had inventory movements, occurring on the following dates:
Using the FIFO method of inventory valuation, the closing inventory at the end of the month was:
Give your answer to 2 decimal places.
CIMA BA3 Summary
- Vendor: CIMA
- Product: BA3
- Update on: Jul 29, 2025
- Questions: 393
