Calculate Value of closing stock of Finished goods Cost of production Rs 1 00 000 Units produced dur...........

Costing - Phase (I & II) Overview of Cost and Management Accounting

Calculate Value of closing stock of Finished goods:

Cost of production: Rs. 1,00,000/-

Units produced during the year:10,000 units

Units of closing stock of finished goods: 500 units

Rs 5,000/-

Rs. 50,000/-

Rs. 10,000

None of the above

Value of Closing Stock of Finished Goods=

Cost of Production (Rs.) (x) Units of Closing Stock of Finished Goods

Units Produced

In given problem, value of closing stock of finished goods =

1,00,000 (x) 500 = 5,000/-

10,000

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