Maurice Tutor

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About Maurice Tutor

Levels Tought:
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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 22 Jul 2017 My Price 7.00

Sunrise industries

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

 

6. Issues

250 units 8. Purchases

   

500 units at Rs. 7

 

10. Issues

400 units

 

12. Purchases

600 units at Rs. 8

 

14. Issues

500 units

Required:

Calculate using LIFO methods of pricing issues:

  1. Value of materials consumed during the period
  2. Value of stock of materials as on 15thApril.

Answers

(5)
Status NEW Posted 22 Jul 2017 05:07 PM My Price 7.00

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