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Not yet answered Marked out of 1.00 P Flag question Calculate the value of closing stock from the following according to FIFO method. Opening balance
Not yet answered Marked out of 1.00 P Flag question Calculate the value of closing stock from the following according to FIFO method. Opening balance 1st March 2019 50 units at RO 4 per unit 5th March 2019 Receipts 100 units at RO 5 per unit Receipts 200 units 12th March 2019 at RO 4 per unit Receipt 400 units 20th March 2019 at RO 3 per unit 2nd March 2019 Issues 30 units 10th March 2019 Issues 70 units 18th March 2019 Issue 100 units 24th March 2019 Issue 150 units a. RO 400 b. RO 1,200 c. RO 150 d. RO 600
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