Show how the items given ahead relating to purchases and issue of raw material item will appear

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Show how the items given ahead relating to purchases and issue of raw material item will appear in the stores ledger card, using weighted average method for issue pricing:

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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Question Posted: Aug 30, 2023 01:14 PM

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Show how the items given ahead relating to purchases and issue of raw material item will appear

Question:

Jan. 1 Opening balance Jan. 5 Purchases Jan. 11 Issue Purchases Issue Issue Jan. 22 Jan. 24 Jan. 28 Units 300 200 150 200 150 200 Prices per units Rs. 20 22 ? 23 ? ?

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Issue Prices Date Jan 1 Jan 5 Jan 11 Qty 200 Receipt ...View the full answer

Cost Accounting

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