How to calculate this?
This query is : Resolved
05 December 2008
If sales is rs. 945000.
If general administration is rs. 25000.
If op stock is rs. 300000.
PUrchases r
June 1............200000litres@rs. 2.85 per litre.
June 30 100000 litres @ rs. 3.03 per litre.
On june 30 closing stcock is 130000.
What wld b value of inventory, anount of cost of goods sold for june by FIFO, LIFO, Avg WEighted method?
If general administration is rs. 25000.
If op stock is rs. 300000.
PUrchases r
June 1............200000litres@rs. 2.85 per litre.
June 30 100000 litres @ rs. 3.03 per litre.
On june 30 closing stcock is 130000.
What wld b value of inventory, anount of cost of goods sold for june by FIFO, LIFO, Avg WEighted method?
25 September 2009
If this query is still pending please post it again dear by updating.......Best wishes
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