The historical cost of sales figure for Apple Ltd for the year ended 31 December 20X3 is
Question:
The historical cost of sales figure for Apple Ltd for the year ended 31 December 20X3 is calculated as follows:
Price indices for stock are as follows:
Required:
Assuming that purchases occur evenly throughout the year, calculate the cost of sales adjustment for Apple Ltd for 20X3.
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Related Book For 
Frank Woods Business Accounting Volume 2
ISBN: 9780273693109
10th Edition
Authors: Frank Wood, Alan Sangster
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