Find out the material consumed by ..opening stock of raw materials rs.20000 ,purchase of raw materials rs. 50000 ,carriage of purchase of raw materials rs. 1000 , return of defective materials rs. 5000 , sales of materials (cost price rs. 4000 ) rs. 5000 , closing stock of raw materials rs. 11000
Dear Student,
Calculation of Material Consumed:
Opening Stock = Rs. 20000
Add: Purchases = Rs. 50000
= Rs. 70000
Less: Return of Defective Material = Rs. 5000
Less: Sale of Materials = Rs. 4000
Less: Closing Stock = Rs. 11000
Raw Material Consumed Rs. 50000
Regards
Calculation of Material Consumed:
Opening Stock = Rs. 20000
Add: Purchases = Rs. 50000
= Rs. 70000
Less: Return of Defective Material = Rs. 5000
Less: Sale of Materials = Rs. 4000
Less: Closing Stock = Rs. 11000
Raw Material Consumed Rs. 50000
Regards