The following quotation is received from a supplier in respect of a material: One container is required

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The following quotation is received from a supplier in respect of a material:

One container is required for every 100 units and if containers are returned within two months, credit would be received at Re. 0.20 each.

Calculate the material cost for 3,000 units assuming that purchaser decided to purchase this lot.

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Related Book For  book-img-for-question

Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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