farahsyeda
Oct 19, 2012, 09:26 AM
I have this question on fifo and avco please anyone can help.
On 1st dec abc company held 300 units goods of 5$
Goods purchased:
11th December 500 units at 11$
19th dec 500 units for 12$
26th December 500 units for 14$
Goods sold:
13th dec 600 units for 18$
21th dec 400 units for 18$
26th dec 200 units for 18$
On 1st dec abc company held 300 units goods of 5$
Goods purchased:
11th December 500 units at 11$
19th dec 500 units for 12$
26th December 500 units for 14$
Goods sold:
13th dec 600 units for 18$
21th dec 400 units for 18$
26th dec 200 units for 18$