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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 4 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The following information is provided by Sunrise industries for the fortnight of April: Material stock on 1 April 100 units @ Rs. 5 per unit. Material stock on 1 April 100 units @ Rs. 5 per unit.
|
April |
5. Purchases |
300 units at Rs. 6 |
| Â |
6. Issues |
250 units 8. Purchases |
| Â | Â |
500 units at Rs. 7 |
| Â |
10. Issues |
400 units |
| Â |
12. Purchases |
600 units at Rs. 8 |
| Â |
14. Issues |
500 units |
Required:
Calculate using LIFO methods of pricing issues:
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