Here I have solved a comprehensive problem of stock levels and where 3 different materials are required to produce one unit of finished good and some figures are missing.

Here we have calculated Minimum Level, Maximum Level, Re Order Level and Average Level. This topic is of Material Costing chapter.

This is Practical Question 4 from the ICAI Study Material.

⏱TIMESTAMPS
00:00 - Problem 3 - Practical Q 4
05:10 - Solution

Previous Videos:
#1 Stock Levels - Concept
https://youtu.be/kuTBkXJAu90

#2 Stock Levels - Problem 1
https://youtu.be/rTzQLYRxa9I

#3 Stock Levels - Problem 2
https://youtu.be/1X_MYLPa38I

Economic Order Quantity - 2 Problems
https://youtu.be/xO27v9hiVAU

This is for the students of B.COM, BBA, CA INTER, CMA and any other accounting courses which has this chapter in its syllabus.

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