Prepare a statement showing the pricing of the issues, on the basis of: (i) Simple Average, and
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Prepare a statement showing the pricing of the issues, on the basis of: (i) Simple Average, and (ii) Weighted Average Methods from the following information:
March 1, 2009 Purchase —100 units @ Rs. 10 per unit March 2 Purchase —200 units @ Rs. 10.20 per unit March 5 Issue —250 units March 7 Purchase —300 units @ Rs. 10.50 per unit March 10 Purchase —200 units @ Rs. 10.80 per unit March 13 Issue —200 units March 18 Issue —200 units March 20 Purchase —100 units @ Rs. 11.00 per unit March 25 Issue —150 units.
[Ans.: (i) 100 units at Rs. 1,060; (ii) 100 units at Rs. 1,074.50]
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Zero To Mastery In Accounting Become A High Level Accounting Manager
ISBN: 9789392475177
1st Edition
Authors: HECTOR ROBINETT
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