Question

From the following
calculate Value of
Closing Stock of
Completed Cycles: Cost
of Production of 1000
cycles is Rs. 11,00,000,
Cost of 980 cycles sold
is Rs. 10,74,0000 and
Closing Stock of
Completed cycles is 60.​

Answer 1

Answer:

66,000 is the correct answer of this question

Answer 2

Answer:

Closing Stock of Completed Cycles is 66000

Step-by-step explanation:

According to the given question,

Cost of Production = Sales + Closing Stock

Therefore,

11,00,000 = 10,74,000 + Closing Stock

11,00,000 - 10,74,000 = Closing Stock

66,000 = Closing Stock