Question
A company has the following inventory data for a
product: • Opening Stock: 500 units @ ₹50 • Purchases: 1,000 units @ ₹55 • Sales: 1,200 units Closing stock is valued using FIFO. What is the value of closing inventory?Solution
Using FIFO: • 1,200 units sold = 500 @ ₹50 + 700 @ ₹55 = ₹25,000 + ₹38,500 = ₹63,500 Remaining 300 units = from last purchase @ ₹55 = ₹16,500 So Closing stock = 300 x ₹55 = ₹16,500.
Select the option that arranges sentences A, B, C and D in a logical sequence.
A. When the imprisoned king heard this, he somehow sent word to hi...
Five statements are given below labelled 1), 2), 3), 4) and 5). Among these, four statements are in logical order and form a coherent paragraph/passage....
Which of the following is the third sentence if the passage?
Given below are six sentences. A and F are the first and the last sentences. The rest of the sentences namely B, C, D and E are jumbled. Select the opt...
Which of the following will be the SIXTH sentence after rearrangement?
1. In her notes,
P. to hamper the
Q. how the lack of
R. the mediator wrote
S. communication seemed
6. creation of a settlement.
Which of the following will be the FOURTH sentence after rearrangement?
1. We must recognize that politics
P. about the careers and fortunes
Q. citizens and not
R. and elections are about
S. the l...
Given below are five jumbled sentences. Select the option that gives their correct logical sequence.
A: While the exact cause is debated, some...
Rearrange the following sentences to form a coherent paragraph.
A. Such disparities often manifest in unequal access to opportunities, perpetua...
