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Cost and Managerial Accounting
?
Calculate value of closing stock from the following:
Opening stock of finished goods (500 units) : Rs. 2,000
Cost of production (10000 units) : Rs. 50,000
Closing stock (1000 units):?
Rs. 4,000
Rs. 4,500
Rs. 5,000
Rs. 6,000
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (C)
Rs. 5,000
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