XY Ltd. purchased and issued materials in the following order: Ascertain the quantity of closing stock as

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XY Ltd. purchased and issued materials in the following order: image text in transcribed

Ascertain the quantity of closing stock as on 31 March and state its value under the weighted average cost 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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XY Ltd. purchased and issued materials in the following order: Ascertain the quantity of closing stock as

Question:

March 1985 1 Purchased 300 units at Rs 3 per unit 50 Purchased 500 units at Rs 4 per unit 10 Issued 500 units 12 Purchased 700 units at Rs 4.50 per unit 15 20 30 Issued Purchased Issued 700 units 300 units at Rs 5 per unit 150 units

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Cost Accounting

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