Hi Worzel1,
You have repeated at various times that TBR deals with its inventory on a “First In, First Out” basis despite it being pointed out to you that TBR uses the average method.
The following is a direct quote from the 2022 Annual Report:
”Cost is determined using the average method and comprises direct purchase costs and an appropriate portion of fixed and variable costs including depreciation and amortisation, incurred in converting materials into finished goods”
Hi Worzel1,You have repeated at various times that TBR deals...
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