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How do I estimate my Closing Inventory?

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Ending Closing Stock formula:

Opening Inventory + Purchases  = the Cost of goods available for sale (COGAS) 
COGAS x Cost percentage = Cost of goods sold (COGS) 
COGAS – COGS = Closing inventory


Your Opening Inv. Is 50.000€ + Purchases of 10.000€ (MTD or Month-end) = 60.000€ (COGAS) 
60.000€ x 30% food cost = 18.000€ (COGS) 
60.000€ – 18.000€ = 42.000€ (Closing inventory)