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Cost and Managerial Accounting
?
Opening work in process inventory can be calculated as under
FIFO and Average costing
LIFO and Average costing
FIFO and LIFO costing
None of given option.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (A)
FIFO and Average costing
Related MCQs
?
Opening work in process inventory can be calculated as under
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?
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?
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?
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?
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?
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?
How many units would the company have to sell to attain target profits of Rs. 600,000?
?
Jan 1; finished goods inventory of Manuel Company was Rs.3, 00,000. During the year Manuel’s cost of goods sold was Rs. 19,00,000, sales were R...
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The Process of cost apportionment is carried out so that ______________
