FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Bang Inc has the following cost details:
|
per kg. |
Material cost= |
200 |
Direct labour= |
40 |
Direct variable |
20 |
Fixed production charges for the year on normal working capacity of 2 lakh kgs is 20 lakhs.
4,000 kgs of finished goods are in stock at the year end.
Find Value of inventory per kg of finished goods.
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