Question
Dice LLC has presented below the acquisition and issuance details of material D 1 which it purchases regularly in production: May 2020: Units Rate per
Dice LLC has presented below the acquisition and issuance details of material D 1 which it purchases regularly in production: May 2020: Units Rate per unit 01 Opening balance 3,000 0.200 04 Purchase 5,000 0.300 05 Issuance 6,000 07 Purchase 4,000 0.400 09 Purchase 3.000 0.300 12 Issuance 1,500 14 Issuance 2,500 18 Issuance 3,000 20 Purchase 8,000 0.200 21 Issuance 7,000 23 Purchase 2,000 0.600 24 Purchases 6,000 0.500 26 Issuance 7,000 27 Purchase 1,000 0.700 29 Issuance 1,500 Required: You are required to prepare the stores ledger account using Weighted Average method.
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