65. Raw material conversion period is 36 days. Raw material consumed and cost of goods sold in the year is RS1,80,000 & RS2,16,000 respectively. How much raw material stock will appear in working capital statement? Note: 1 Year = 360 days.
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3,90,000. Less: Closing stock of raw material. = 80,000. Cost of stock of raw material consumed. 3,60,000
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