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The following is record of Receipts & Issues of Certain materials in a factory during a week May 2008 (10M) Opening Balance 100 tons @
The following is record of Receipts & Issues of Certain materials in a factory during a week May 2008 (10M) Opening Balance 100 tons @ ₹ 10 per ton.
2. Received 120 tons @ ₹ 10.10 per ton
3. Issued 50 tons (Stock verification reveals a loss of two tons
4. Received back from order 20 tons (Originally issued at ₹ 9.90 per ton
5. Issued 80 tons
6. Received 44 tons @ ₹ 10.20
7. Issued 66 tons.
2. Received 120 tons @ ₹ 10.10 per ton
3. Issued 50 tons (Stock verification reveals a loss of two tons
4. Received back from order 20 tons (Originally issued at ₹ 9.90 per ton
5. Issued 80 tons
6. Received 44 tons @ ₹ 10.20
7. Issued 66 tons.
Use Last in First Out & First In First Out methods & show the pricing of materials.
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Introduction to Management Science
Authors: Bernard W. Taylor
11th Edition
132751917, 978-0132751919
