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how should the above information be accounted for in the raw materials general ledger? 3.4 Silver Grain Moranti Wood-painting of bamboo boards To meet the
how should the above information be accounted for in the raw materials general ledger? 3.4 Silver Grain Moranti Wood-painting of bamboo boards To meet the specifications of the Wells Gray project, Panda Flooring purchased and paid for speciality paint to stain the bamboo flooring boards. The cost of the paint was R17 500 for a 20 litre paint drum and 12,75 litres was used to stain the boards. It is highly unlikely that the paint could be used for another project or sold to another company. The high viscosity of the speciality paint resulted in abnormal wastage in FY2023 amounting to R1000. At the end of FY2023, 5 litres of paint remained on-hand. Panda Flooring (Pty) Ltd Appendix A - information from Ms. Swashbuckle Raw materials general ledger account: Wells Gray project 43 R2 138= R91 934 (2) 45R2195=R9877597%=R95812 (3) 15R2200=R33000 (4) R17 50012,75/20= R11 156
how should the above information be accounted for in the raw materials general ledger?
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