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Consignment

Accountancy

Determine the value of stock at end

Screenshot_2020-07-17-19-26-11-892_com.google.android.apps.docs.png

Gowshika LT

CA Final

★ 40K+

17-Jul-20 19:29

329

Answers (3)

Cost per unit (Rs.)= [(15000*30)+(15000*5)]/(15000-100)=35.235 Stock at end (units) = (15000-100-400-7500)=7000

Sudha Reddy

CA Final

★ 20K+

18-Jul-20 08:22

What mistake I have committed ???

Thread Starter

Gowshika LT

CA Final

★ 40K+

18-Jul-20 08:56

Thread Starter

Gowshika LT

What mistake I have committed ???

U didnt adjust normal loss....... the normal lost units cost (35*100) has to be absorbed by 14900 units

Sudha Reddy

CA Final

★ 20K+

18-Jul-20 10:20

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