At 30 September Fiford Ltd had a stock of 100 kg of fifolium, which had cost $5
Question:
At 30 September Fiford Ltd had a stock of 100 kg of fifolium, which had cost $5 per kilogram. In October, it made the following purchases and sales of fifolium.
Required
Calculate the quantity and value of the stock of fifolium at 31 October using the FIFO method.
Transcribed Image Text:
6 2091 mati to fotot Purchases kg volls warle bi Price per kg Sales maakon kg October 3 40 10 80 to bonitem 300 to las 520 srit 2,05 12 75 50 1904 torq no noitsulov botz 215 nizuds 50 stil sl 5.24 pri 17 22 29 30 70 5.28 100 gwall 5.32 45 200 70
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