Show the stores ledger entries as they would appear when using the (a) weighted average method and

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Show the stores ledger entries as they would appear when using the

(a) weighted average method and

(b) LIFO method of pricing issues in connection with the following transactions: image text in transcribed

In a period of rising prices such as above, what are the effects of each method?

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Cost Accounting

ISBN: 9788131759462

1st Edition

Authors: K. Alex

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Question Posted: Sep 19, 2024 07:02 PM

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Show the stores ledger entries as they would appear when using the (a) weighted average method and

Question:

April Units Value (Rs) 1 Balance in hand (b/f) 300 600 246 Purchased 200 440 Issued 150 Purchased 200 460 11 Issued 150 19 Issued 200 22 22 Purchased 200 480 27 Issued 250

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Cost Accounting

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