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The opening balances of the firm's selected inventory accounts were as follows (in HUF). Raw materials (4,500 kg) 3,600,000 Cost difference of materials (credit) 216,000

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The opening balances of the firm's selected inventory accounts were as follows (in HUF). Raw materials (4,500 kg) 3,600,000 Cost difference of materials (credit) 216,000 In the current period 900 kg of raw materials were used for production 630 kg of raw materials were purchased for 352 800 HUF. VAT. Required: Determine the following costs. (Round to the nearest Integer.) Book value of materials (real, in HUF) Planed purchase cost of materials (HUF /kg) Cost of materials (real, in HUF) Closing inventory (kg) Closing balance of cost difference account DEBIT = +:CREDIT =) Closing book value of materials (real, HUE) End of attempt e O TE here to search

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