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1 Oct Opening Balance=400 Units @Rs 20 Each, 3 Oct:Purchase=300

Question 6

Multiple Choice

1 oct Opening balance=400 units @Rs 20 each, 3 Oct:Purchase=300 units @Rs 10 ,5 Oct Sales=500 units.What will be total Sales value(in Rs) as per FIFO Method?


A) Rs 9000
B) Rs 15000
C) Rs 10000
D) Rs 7500

Correct Answer:

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