The following information is provided by Coorg Coffee manufacturing unit for the fortnight of April 1996: Calculate

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The following information is provided by Coorg Coffee manufacturing unit for the fortnight of April 1996: image text in transcribed

Calculate the value of material consumed during the period under LIFO 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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The following information is provided by Coorg Coffee manufacturing unit for the fortnight of April 1996: Calculate

Question:

Material A Stock on 1 April 1996 Purchases: 5 April 1996 8 April 1996 12 April 1996 100 units at Rs 5 per unit 300 units at Rs 6 500 units at Rs 7 600 units at Rs 8 Issues: 6 April 1996 250 units 10 April 1996 14 April 1996 400 units 500 units

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Cost Accounting

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