Ask Experts Questions for FREE Help !
Ask
    shair ali's Avatar
    shair ali Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 27, 2010, 07:02 AM
    fifo method question for acca
    cole buiness sell three product xyand z. following information was availableat the year end

    x y z
    $ $ $
    cost 7 10 19
    net realisable value(NRV) 10 8 15
    Units 100 200 300

    closing stock value ?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Feb 28, 2010, 12:51 AM

    This should have been over in the homework area - has nothing to do with the internet. Please see the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

FIFO cost method from the weighted-average cost method [ 4 Answers ]

On December 31, 2006 Company appropriately changed to the FIFO cost method from The weighted-average cost method for financial statement and income tax purposes. The change will result in a $70,000 increase in the beginning inventory @January 1, 2006. Assuming a 40 Percent income tax rate, the...

FIFO method of pricing [ 4 Answers ]

hi guys! I'm having a problem with this question which is in attachment :confused: hi guys! I'm having a problem with this question :confused: The following information relates to the receipts and issue of material X into stock during January 19X1. Date---------- Receipts into...

FIFO method [ 1 Answers ]

Following inventory: 4/15 200 units purchased $5.00 total $1000 4/24 500 units purchased $6.00 total $3000 4/26 300 units purchased $5.50 total $1650 4/29 400 units purchased $5.75 total $2300 TOTAL 1400 units purchased $7950 Sold 850 baseball caps during April, using the FIFO method,...

View more questions Search