Multiple Choice
During September, Khan had sales of 148,000, which made a gross profit of 40,000. Purchases amounted to 100,000 and opening inventory was 34,000. The value of closing inventory was?
A) Rs. 24,000
B) Rs. 26,000
C) Rs. 42,000
D) Rs. 54,000
Correct Answer:
Verified
Correct Answer:
Verified
Q10: A _ is any factor that limits
Q11: Which of the following characteristics is relevant
Q12: _ is referred to as continuous improvement
Q13: _ Costing Also known as delayed costing,<br>A)Backflush<br>B)Conventional<br>C)Modern<br>D)Competitive
Q14: Which one of the following does not
Q16: The latest cost of inventories is changed
Q17: Kaizen is a method aimed at _
Q18: What does FIFO mean?<br>A)Finished stock In Finished
Q19: Which of the following types of spoilage
Q20: Systematic evaluation of the trade-offs between product