Question 2 (10 marks) OMO Sdn Bhd is supplier specializing on face mask shield. The following...

 

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Question 2 (10 marks) OMO Sdn Bhd is supplier specializing on face mask shield. The following information has been extracted from its store ledger account as at Oct 2021. Receipts Amount Price (RM) (RM) Date Oct 1 4 5 9 11 16 18 23 26 27 Quantity (Kg) 750 1000 1,200 2,500 3.00 3.05 3.20 3.25 Required: a) State the method of pricing used by OMO Sdn Bhd, Quantity (Kg) 500 400 500 450 450 1,200 b) What will be the value of the stock as at 31 October 2021? Issues Price (RM) Amount (RM) 1,650 1,210 1,525 1,395 1,440 3,870 (2m) (8m) Question 2 (10 marks) OMO Sdn Bhd is supplier specializing on face mask shield. The following information has been extracted from its store ledger account as at Oct 2021. Receipts Amount Price (RM) (RM) Date Oct 1 4 5 9 11 16 18 23 26 27 Quantity (Kg) 750 1000 1,200 2,500 3.00 3.05 3.20 3.25 Required: a) State the method of pricing used by OMO Sdn Bhd, Quantity (Kg) 500 400 500 450 450 1,200 b) What will be the value of the stock as at 31 October 2021? Issues Price (RM) Amount (RM) 1,650 1,210 1,525 1,395 1,440 3,870 (2m) (8m)

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