From the following details compute cost of goods manufactured, Cost of goods sold Rs.2,00,000, Opening stock of finished goods Rs.50,000, Closing stock of finished goods Rs. 1,00,000 and closing stock of work in progress Rs. 10,000? O a. Rs. 2,50,000 O b. Rs. 2,40,000 O c. Rs. 2,00,000 O d. Rs. 3,00,000

From the following details compute cost of goods manufactured, Cost of goods sold Rs.2,00,000, Opening stock of finished goods Rs.50,000, Closing stock of finished goods Rs. 1,00,000 and closing stock of work in progress Rs. 10,000? O a. Rs. 2,50,000 O b. Rs. 2,40,000 O c. Rs. 2,00,000 O d. Rs. 3,00,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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