Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help, it's urgent The following transactions of Astro Manufacturers took place during June 2020 in respect of a component used in production: June 01

image text in transcribed

Please help, it's urgent

The following transactions of Astro Manufacturers took place during June 2020 in respect of a component used in production: June 01 800 units at R20 per unit Opening inventory Purchased from a supplier 06 19 200 units at R21 per unit 07 Returned to the supplier (purchased on 06 June) 4 000 units 09 Issued to production 12 000 units If the weighted average cost method was used, what was the value of issues to production on 09 June 2020? Select one: O A. R83 800 O B. R246 000 C. R251 400 D. R251 600

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

=+2. Are any of the interactions of the variables significant?

Answered: 1 week ago

Question

What is one of the skills required for independent learning?Explain

Answered: 1 week ago