Question: Assuming internal procurement, calculate the new moving average price ( MAP ) , for t - shirts, after goods issue against a stock transfer order,

Assuming internal procurement, calculate the new moving average price (MAP), for t-shirts, after goods issue against a stock transfer order, using the values provided below (rounded to nearest cent):
T-shirt Quantity before goods issue: 300
T-shirt Value before goods issue: $4,200
MAP before goods issue: $14.00
Quantity of goods issue: 1500
MAP at issuing plant: $15.10
Group of answer choices
$15.10
$16.15
$14.92
$13.58

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!