Question: (a) Using the weighted average method, the value of the stock remaining at the end of August is (3 marks) 1502.875 OMR 1396.5 OMR 1332.23

(a) Using the weighted average method, the value

(a) Using the weighted average method, the value of the stock remaining at the end of August is (3 marks) 1502.875 OMR 1396.5 OMR 1332.23 OMR 1438.5 OMR 1290.27 OMR (b) The sales price for each unit is 23 OMR. If the ABC company applies the first in first out (FIFO) Stock valuation method, the company's profit for the 4-month period May to August will be 32195 OMB 4759 5 OMR (a) Using the weighted average method, the value of the stock remaining at the end of August is (3 marks) 1502.875 OMR 1396.5 OMR 1332.23 OMR 1438.5 OMR 1290.27 OMR (b) The sales price for each unit is 23 OMR. If the ABC company applies the first in first out (FIFO) Stock valuation method, the company's profit for the 4-month period May to August will be 32195 OMB 4759 5 OMR

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