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Inventories doubt

Accountancy

Sir in Inventories chapter, In RTP question Illustration 5 May 2020 question, I dont understand how do you derive 10200 and 10 in cost of purchase. Please explain sir. Video Details ------------- P1 - Adv Accounting Fast Track Revision P1 Advanced Accounting Fast Track #1. AS - 2 | Inventories Revision

Vijay V

CA Inter

★ 0

17-Dec-24 22:03

421

Answers (4)

Can you specify the timeline

Likith D

Moderator

18-Dec-24 08:30

Its not in the video sir. Its in the compiler RTP questions. Illustration 5.

Thread Starter

Vijay V

CA Inter

★ 0

18-Dec-24 09:48

Op stock of RM - 1,100 units @ 10 Add: Purchases - 10,000 @ 10 Less - closing stock of RM = 900 @ 10 Raw material consumed = 10,200 @ 10

CA Suraj Lakhotia

Admin

18-Dec-24 20:25

Thank you so much sir. Got it.

Thread Starter

Vijay V

CA Inter

★ 0

18-Dec-24 21:50