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The first material and material movements of a canning business in the period of July 20XX are as follows. The company does not have stock
The first material and material movements of a canning business in the period of July 20XX are as follows. The company does not have stock at the beginning of the period.
1000 units were purchased for 140 TL on 01.07.
500 units were purchased for 130 TL on 08.07.
700 units were sent to production on 15.07.
400 units were purchased for 120 TL on 22.07.
700 units were sent to production on 30.07.
What is the cost of raw materials sent to production according to the FIFO method?
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