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Calculate the value of closing stock from the following according to...

This question belongs to Commerce Costing
Costing
?

"Calculate the value of closing stock from the following according to Weighted Average method:
1st January, 20XX: Opening balance: 50 units @ Rs 4

Receipts:
5th January, 20XX: 100 units @ Rs 5
12th January, 20XX: 200 units @ Rs 450

Issues:
2nd January, 20XX: 30 units
18th January, 20XX: 150 units"

Answer & Solution
Correct Answer: Option C
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1 Comment
Hari Prasad
Hari Prasad 9 years ago
Question itself wrong. Give the correct figures on 12th jan
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