Question

Q. From the following data determine value . material consumed.

opening Stock of raw material 5000
closing stock of raw material 10,000
purchase of raw material 60,000
frieght on purchase on material 500
paid octroi duty on purchase 100
cost of material sold 2000
sale of waste materials 2,400
direct exp. in materials 1000
abnormal wastage of material 200​

Answer 1

closing stock of raw material 10,000

purchase of raw material 60,000