Compute cost of material consumed from following: |
Opening inventory = Rs. 5,00,000 |
Materials purchased = Rs. 40,00,000 |
Closing inventory = Rs. 6,00,000 |
A) Rs. 40,00,000
B) Rs. 39,00,000
C) Rs. 38,00,000
D) Rs. 41,00,000
Correct Answer: B
Solution :
[b] Hint: Cost of Material Consumed |
Opening Inventory = 5,00,000 |
(+) Purchase = 40,00,000 |
45,00,000 |
(-) Closing Inventory = (6,00,000) |
Rs. 39,00,000 |
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