The following transactions took place in respect of a material: Prepare stores ledger account showing the pricing

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The following transactions took place in respect of a material:

image text in transcribed

Prepare stores ledger account showing the pricing of materials issued under

(a) simple average method

(b) weighted average method

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 12, 2024 10:13 AM

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The following transactions took place in respect of a material: Prepare stores ledger account showing the pricing

Question:

Date Receipts Quantity Units Rate Issue Quantity (Rs.) (Units) August 2 800 4.20 3 800 4.20 4 - 1,200 6 1,600 4.80 7 - 1,000 9 400 6.00 11 800 13 100 15 500 8.00

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Cost Accounting

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