Question

4 points
8.
Calculate value of material consumed
OP sock of material Rs 10000, Motive Power
Rs 2000, Material transferred RS 200, Carriage
inward Rs 500, Material sold 500, Purchase of
material Rs 2500, Scarp of material sold RS
400, Productive wages Rs 1000, Cl stock of
material Rs 150, Welfare services Rs 600,
Material transferred from other dept 550...According to cost accounting
Answer:
Anoints​

Answer 1

Answer:

The calculation of the cost of goods sold for a manufacturing company is:

Beginning Inventory of Finished Goods.

Add: Cost of Goods Manufactured.

Equals: Finished Goods Available for Sale.

Subtract: Ending Inventory of Finished Goods.

Equals: Cost of Goods Sold.

Answer 2

The calculation of the cost of goods sold for a manufacturing company is:

Beginning Inventory of Finished Goods.

Add: Cost of Goods Manufactured.

Equals: Finished Goods Available for Sale.

Subtract: Ending Inventory of Finished Goods.

Equals: Cost of Goods Sold.